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

ISIN: CH1329117100 Security: 132911710 Symbol: Z09AXZ Life cycle
Secondary market

Bid Price 98.28%

Ask Price 98.98%

Currency CHF

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 17.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N471.8486.30CHF486.30
(100.00%)
-3.07%291.780
(60.00%)
38.16%2.0563
Swiss Life N626.6632.20CHF632.20
(100.00%)
-0.89%379.320
(60.00%)
39.46%1.5818
Swiss Re N110.1115.95CHF115.95
(100.00%)
-5.31%69.570
(60.00%)
36.81%8.6244

Reference data

ISIN CH1329117100
Security 132911710
Symbol Z09AXZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'094.50

Coupon

Coupon (Coupon p.a.)9.45% (6.30% )
Coupon paymentguaranteed
Interest portion p.a.1.11%
Premium portion p.a.5.19%
Coupon date03.07.2024
Day count convention30/360 (German), modified following
Accrued coupon0.86%

Life cycle

Issue price100.00%
Initial fixing date28.03.2024
Payment day03.04.2024
First trading day03.04.2024
Last trading day30.09.2025
Final fixing day30.09.2025
Redemption date03.10.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term500
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 -5.05%

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 Return1.11%
Cash value of fixed income investment upon issue98.36%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date03.10.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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