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ZKB Callable Barrier Reverse Convertible on worst of
Nestlé AG/Roche Holding AG/Novartis - Sandoz Basket/Chocoladefabriken Lindt & Spruengli AG/Swiss Life Holding AG

ISIN: CH1273462411 Security: 127346241 Symbol: n.a. Life cycle
Secondary market

Bid Price 100.71%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 40'000.00

Volume n.a.

Date/time (realtime) 17.05.2024 05:45:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Nestlé N96.62104.51CHF104.51
(100.00%)
-8.17%67.932
(65.00%)
29.69%191.3692
Roche GS237.1257.00CHF257.00
(100.00%)
-8.39%167.050
(65.00%)
29.54%77.8210
Lindt & Sprüngli...1064010'530.00CHF10'530.00
(100.00%)
1.03%6'844.500
(65.00%)
35.67%1.8993
Swiss Life N626.6567.60CHF567.60
(100.00%)
9.42%368.940
(65.00%)
41.12%35.2361

Reference data

ISIN CH1273462411
Security 127346241
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 20'000.00
Barrier level observation continuous
Maximum repayment 21'645.44

Coupon

Coupon (Coupon p.a.)8.23% (8.23% )
Coupon paymentguaranteed
Interest portion p.a.1.91%
Premium portion p.a.6.32%
Coupon date20.06.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date13.09.2023
Payment day20.09.2023
First trading day20.09.2023
Last trading day13.09.2024
Final fixing day13.09.2024
Redemption date20.09.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term117
Issue amount40'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 20'000.00
Performance of underlying since issue -7.74%

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.91%
Cash value of fixed income investment upon issue98.13%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date20.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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