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

ISIN: CH1303977800 Security: 130397780 Symbol: Z08VQZ Life cycle
Secondary market

Bid Price 99.67%

Ask Price 100.37%

Currency CHF

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 22.07.2024 09:06:10

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N466.4440.40CHF440.40
(100.00%)
6.79%317.088
(72.00%)
32.89%2.2707
Swiss Life N664.8578.20CHF578.20
(100.00%)
13.42%416.304
(72.00%)
37.66%1.7295
Swiss Re N105.195.34CHF95.34
(100.00%)
10.44%68.645
(72.00%)
35.51%10.4888

Reference data

ISIN CH1303977800
Security 130397780
Symbol Z08VQZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'150.00

Coupon

Coupon (Coupon p.a.)15.00% (10.00% )
Coupon paymentguaranteed
Interest portion p.a.1.28%
Premium portion p.a.8.72%
Coupon date29.07.2024
Day count convention30/360 (German), modified following
Accrued coupon0.72%

Life cycle

Issue price100.00%
Initial fixing date21.12.2023
Payment day27.12.2023
First trading day27.12.2023
Last trading day23.06.2025
Final fixing day23.06.2025
Redemption date27.06.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term335
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 7.29%

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 Return1.28%
Cash value of fixed income investment upon issue98.11%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date27.06.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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