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7.50% p.a. ZKB Callable Barrier Reverse Convertible, 26.08.2025 on worst of ZURN SE/SLHN SE/SREN SE
Zurich Insurance Group AG/Swiss Life Holding AG/Swiss Re AG

ISIN: CH1358048580 Security: 135804858 Symbol: Z09XAZ Life cycle
Secondary market

Bid Price 100.24%

Ask Price 100.94%

Currency CHF

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 29.08.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N492.6483.10CHF483.10
(100.00%)
2.01%333.339
(69.00%)
32.39%2.0700
Swiss Life N683674.80CHF674.80
(100.00%)
1.23%465.612
(69.00%)
31.85%1.4819
Swiss Re N116.2109.95CHF109.95
(100.00%)
5.50%75.866
(69.00%)
34.80%9.0950

Reference data

ISIN CH1358048580
Security 135804858
Symbol Z09XAZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'075.00

Coupon

Coupon (Coupon p.a.)7.50% (7.50% )
Coupon paymentguaranteed
Interest portion p.a.0.74%
Premium portion p.a.6.76%
Coupon date26.11.2024
Day count convention30/360 (German), modified following
Accrued coupon0.15%

Life cycle

Issue price100.00%
Initial fixing date19.08.2024
Payment day26.08.2024
First trading day26.08.2024
Last trading day19.08.2025
Final fixing day19.08.2025
Redemption date26.08.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term353
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 1.24%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zuercher 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 Return0.74%
Cash value of fixed income investment upon issue99.27%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date26.08.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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