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ZKB Barrier Reverse Convertible mit bedingtem Coupon on worst of
SMI® Index/EURO STOXX 50® Index/S&P 500® Index/Nikkei 225® Index

ISIN: CH1425308660 Security: 142530866 Symbol: Z25AMZ Life cycle
Secondary market

Bid Price 98.41%

Ask Price 99.41%

Currency qCHF

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 17.04.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Call levelDistance to call levelBarrierDistance to barrier
SMI® Index11660.9612'279.48CHF12'279.480 (100.00%)-5.30%6'139.740 (50.00%)47.35%
EURO STOXX 50® Index4935.345'113.28EUR5'113.280 (100.00%)-3.60%2'556.640 (50.00%)48.20%
S&P 500® Indexn.a.5'396.52USD5'396.520 (100.00%)-2.03%2'698.260 (50.00%)48.98%
Nikkei 225® Indexn.a.33'780.58JPY33'780.580 (100.00%)1.74%16'890.290 (50.00%)50.87%

Reference data

ISIN CH1425308660
Security 142530866
Symbol Z25AMZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier observation continuous

Coupon

Coupon (Coupon p.a.)2.68%
Coupon paymentbedingt
Memory effectNein
Coupon Level60.00%

Life cycle

Issue price100.00%
Initial fixing date03.04.2025
Payment day10.04.2025
First trading day10.04.2025
Last trading day31.03.2028
Final fixing day03.04.2028
Redemption date10.04.2028
Redemption typeCash Settlement
Early redemptionYes
Next observation date05.10.2026
Residual term1'079
Issue amount24'000'000.00

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 -5.04%

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 taxNo
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 Return0.11%
Cash value of fixed income investment upon issue99.67%
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, EEA, Guernsey, GB

Redemption

Redemption date10.04.2028
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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