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ZKB Callable Barrier Reverse Convertible on worst of
ABB N/Schneider Electric A/Kühne + Nagel Int N

ISIN: CH1273474812 Security: 127347481 Symbol: Z23CQZ Life cycle
Secondary market

Bid Price 100.50%

Ask Price 101.20%

Currency qCHF

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 13.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
ABB N47.6629.96CHF29.96
(100.00%)
37.05%16.478
(55.00%)
65.38%n.a.
Schneider Electric A234.8143.06EUR143.06
(100.00%)
38.72%78.683
(55.00%)
66.30%n.a.
Kühne + Nagel Int N247.3240.60CHF240.60
(100.00%)
2.79%132.330
(55.00%)
46.53%n.a.

Reference data

ISIN CH1273474812
Security 127347481
Symbol Z23CQZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'082.50

Coupon

Coupon (Coupon p.a.)8.25% (5.50% )
Coupon paymentguaranteed
Interest portion p.a.1.54%
Premium portion p.a.3.96%
Coupon date02.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date27.10.2023
Payment day02.11.2023
First trading day02.11.2023
Last trading day28.04.2025
Final fixing day28.04.2025
Redemption date02.05.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term348
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 2.87%

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 Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, EEA, Guernsey, GB

Redemption

Redemption date02.05.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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