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ZKB Barrier Reverse Convertible mit bedingtem Coupon on worst of
Baidu Inc/Alibaba Group Holding Ltd/PDD Holdings Inc

ISIN: CH1446528510 Security: 144652851 Symbol: n.a. Life cycle
Secondary market

Bid Price 99.31%

Ask Price 0.00%

Currency qCHF

Exchange ZKB

Volume 23'000.00

Volume n.a.

Date/time (realtime) 31.07.2025 05:45:12

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Call levelDistance to call levelBarrierDistance to barrier
Baidu ADR86.1386.32USD86.320 (100.00%)0.76%47.476 (55.00%)45.42%
Alibaba Grp A117.07115.73USD115.730 (100.00%)3.62%63.652 (55.00%)46.99%
PDD Holdings Inc N110.06105.13USD105.130 (100.00%)7.56%57.822 (55.00%)49.16%

Reference data

ISIN CH1446528510
Security 144652851
Symbol n.a.
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier observation at maturity

Coupon

Coupon (Coupon p.a.)2.00%
Coupon paymentbedingt
Memory effectNein
Coupon Level55.00%

Life cycle

Issue price100.00%
Initial fixing date16.07.2025
Payment day23.07.2025
First trading day23.07.2025
Last trading day17.07.2028
Final fixing day17.07.2028
Redemption date24.07.2028
Redemption typephysical delivery or cash settlement
Early redemptionYes
Next observation date16.01.2026
Residual term1'078
Issue amount23'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue 0.77%

Product type

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

Legal parties

Issuer Zuercher 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 Return0.02%
Cash value of fixed income investment upon issue99.95%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date24.07.2028
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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