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ZKB Barrier Reverse Convertible with Conditional Coupon on worst of
Deutsche Post AG/Merck KGaA/Allianz SE

ISIN: CH1273463278 Security: 127346327 Symbol: Z08A1Z Life cycle
Secondary market

Bid Price 99.10%

Ask Price 99.80%

Currency qUSD

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (realtime) 30.07.2024 05:14:23

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Call levelDistance to call levelBarrierDistance to barrier
Deutsche Post N41.0341.74EUR38.610 (92.50%)-1.71%24.627 (59.00%)39.99%
Merck A165.85160.80EUR148.740 (92.50%)3.28%94.872 (59.00%)42.93%
Allianz N261.9231.50EUR214.138 (92.50%)11.74%136.585 (59.00%)47.93%

Reference data

ISIN CH1273463278
Security 127346327
Symbol Z08A1Z
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00
Barrier observation at maturity

Coupon

Coupon (Coupon p.a.)2.63%
Coupon paymentbedingt
Memory effectNein
Coupon Level75.00%

Life cycle

Issue price100.00%
Initial fixing date18.09.2023
Payment day25.09.2023
First trading day25.09.2023
Last trading day18.09.2025
Final fixing day18.09.2025
Redemption date25.09.2025
Redemption typeCash Settlement
Early redemptionYes
Next observation date18.09.2024
Residual term413
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -1.68%

Product type

SSPA derivative category Yield enhancement
SSPA code Express certificate (1260)

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 Return5.00%
Cash value of fixed income investment upon issue90.70%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date25.09.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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