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ZKB Callable Barrier Reverse Convertible on worst of
Geberit N/ABB N/Logitech Intl N

ISIN: CH1252905554 Security: 125290555 Symbol: Z23BHZ Life cycle
Secondary market

Bid Price n.a.

Ask Price n.a.

Currency n.a.

Exchange SIX Structured Products

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Geberit N560.6503.59CHF503.59
(100.00%)
1.06%251.795
(50.00%)
50.53%1.9857
ABB N49.632.66CHF32.66
(100.00%)
15.04%16.330
(50.00%)
57.52%30.6185
Logitech Intl N86.9256.95CHF56.95
(100.00%)
23.64%28.475
(50.00%)
61.82%17.5593

Reference data

ISIN CH1252905554
Security 125290555
Symbol Z23BHZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'160.80

Coupon

Coupon (Coupon p.a.)16.08% (10.74% )
Coupon paymentguaranteed
Interest portion p.a.1.75%
Premium portion p.a.8.99%
Coupon date19.08.2024
Day count convention30/360 (German), modified following
Accrued coupon2.51%

Life cycle

Issue price100.00%
Initial fixing date11.05.2023
Payment day19.05.2023
First trading day19.05.2023
Last trading day11.11.2024
Final fixing day11.11.2024
Redemption date18.11.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term166
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue 1.07%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zürcher Kantonalbank Finance (Guernsey) Ltd
Keep-Well Agreement with Zürcher Kantonalbank, Zürich
Issuer rating
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxNo
Stamp duty payable in the secondary marketYes
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, EEA, Guernsey, GB

Redemption

Redemption date18.11.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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