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ZKB Callable Barrier Reverse Convertible on worst of
Porsche Automobil Holding SE/Mercedes-Benz Group AG/Bayerische Motoren Werke AG

ISIN: CH1273447982 Security: 127344798 Symbol: Z081BZ Life cycle
Secondary market

Bid Price 98.27%

Ask Price 98.97%

Currency EUR

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 16.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Porsche A Hldg VA49.8952.14EUR52.14
(100.00%)
-4.51%28.677
(55.00%)
42.52%19.1791
Daimler N68.3271.40EUR71.40
(100.00%)
-4.51%39.270
(55.00%)
42.52%14.0056
BMW A96.46103.74EUR103.74
(100.00%)
-7.55%57.057
(55.00%)
40.85%9.6395

Reference data

ISIN CH1273447982
Security 127344798
Symbol Z081BZ
Currency EUR
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.3.67%
Premium portion p.a.6.33%
Coupon date14.08.2024
Day count convention30/360 (German), modified following
Accrued coupon0.17%

Life cycle

Issue price100.00%
Initial fixing date07.08.2023
Payment day14.08.2023
First trading day14.08.2023
Last trading day07.02.2025
Final fixing day07.02.2025
Redemption date14.02.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term265
Issue amount500'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -7.02%

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 Return3.67%
Cash value of fixed income investment upon issue94.74%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date14.02.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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