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ZKB Callable Barrier Reverse Convertible on worst of
Merck & Co Inc/JPMorgan Chase & Co/Berkshire Hathaway Inc

ISIN: CH1273451745 Security: 127345174 Symbol: n.a. Life cycle
Secondary market

Bid Price 103.24%

Ask Price n.a.

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 31.07.2024 05:40:21

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Merck A111.62105.68USD105.68
(100.00%)
7.30%63.408
(60.00%)
44.38%9.4625
JPMorgan Chase A211.2154.965USD154.97
(100.00%)
27.94%92.979
(60.00%)
56.76%6.4531
Berkshire Hathaway A436.3263361.665USD361.67
(100.00%)
17.63%216.999
(60.00%)
50.58%2.7650

Reference data

ISIN CH1273451745
Security 127345174
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'134.57

Coupon

Coupon (Coupon p.a.)13.46% (8.95% )
Coupon paymentguaranteed
Interest portion p.a.5.02%
Premium portion p.a.3.94%
Coupon date19.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date10.08.2023
Payment day17.08.2023
First trading day17.08.2023
Last trading day10.02.2025
Final fixing day10.02.2025
Redemption date18.02.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term192
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue 7.88%

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 Return5.02%
Cash value of fixed income investment upon issue92.91%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date18.02.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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