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ZKB Callable Barrier Reverse Convertible on worst of
PSP Swiss Property AG/SGS Ltd/Gilead Sciences Inc

ISIN: CH1273463294 Security: 127346329 Symbol: Z08A2Z Life cycle
Secondary market

Bid Price 100.13%

Ask Price 100.83%

Currency qCHF

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 14.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
PSP Swiss Property N112.9108.40CHF108.40
(100.00%)
4.41%58.536
(54.00%)
48.38%n.a.
SGS N81.381.30CHF81.30
(100.00%)
-0.44%43.902
(54.00%)
45.76%n.a.
Gilead Sciences A67.6575.62USD75.62
(100.00%)
-12.60%40.835
(54.00%)
39.20%n.a.

Reference data

ISIN CH1273463294
Security 127346329
Symbol Z08A2Z
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'105.00

Coupon

Coupon (Coupon p.a.)10.50% (7.00% )
Coupon paymentguaranteed
Interest portion p.a.1.92%
Premium portion p.a.5.08%
Coupon date25.09.2024
Day count convention30/360 (German), modified following
Accrued coupon0.99%

Life cycle

Issue price100.00%
Initial fixing date18.09.2023
Payment day25.09.2023
First trading day25.09.2023
Last trading day18.03.2025
Final fixing day18.03.2025
Redemption date25.03.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term306
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 -11.19%

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 securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.92%
Cash value of fixed income investment upon issue97.19%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date25.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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