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ZKB Callable Barrier Reverse Convertible on worst of
Lonza Group AG/Holcim Ltd/Zurich Insurance Group AG/Swiss Re AG/Swiss Life Holding AG

ISIN: CH1252910646 Security: 125291064 Symbol: n.a. Life cycle
Secondary market

Bid Price 90.29%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 22.07.2024 01:30:13

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Lonza Grp N514580.00CHF580.00
(100.00%)
-12.40%Hitn.v1.7241
Holcim N83.3857.43CHF57.43
(100.00%)
31.22%n.v.n.v17.4125
Zurich Insurance N470.9430.80CHF430.80
(100.00%)
8.38%n.v.n.v2.3213
Swiss Re N105.8592.06CHF92.06
(100.00%)
13.11%n.v.n.v10.8625
Swiss Life N676.8532.40CHF532.40
(100.00%)
21.36%n.v.n.v1.8783

Reference data

ISIN CH1252910646
Security 125291064
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'203.43

Coupon

Coupon (Coupon p.a.)20.34% (10.16% )
Coupon paymentguaranteed
Interest portion p.a.1.87%
Premium portion p.a.8.29%
Coupon date13.09.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date05.06.2023
Payment day12.06.2023
First trading day12.06.2023
Last trading day05.06.2025
Final fixing day05.06.2025
Redemption date13.06.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term317
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -11.03%

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 Return1.87%
Cash value of fixed income investment upon issue96.37%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date13.06.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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