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ZKB Barrier Reverse Convertible with Conditional Coupon on worst of
Bristol-Myers Squibb Co/Pfizer Inc/CVS Health Corp

ISIN: CH1273465778 Security: 127346577 Symbol: Z08BIZ Life cycle
Secondary market

Bid Price 79.52%

Ask Price 80.22%

Currency qCHF

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 10.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Call levelDistance to call levelBarrierDistance to barrier
Bristol Myers A44.9458.54USD52.686 (90.00%)-31.02%32.197 (55.00%)27.94%
Pfizer Inc28.0132.40USD29.160 (90.00%)-15.52%17.820 (55.00%)36.46%
CVS Health Corp N55.8271.33USD64.197 (90.00%)-26.92%39.232 (55.00%)30.19%

Reference data

ISIN CH1273465778
Security 127346577
Symbol Z08BIZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier observation at maturity

Coupon

Coupon (Coupon p.a.)2.50%
Coupon paymentbedingt
Memory effectNein
Coupon Level75.00%

Life cycle

Issue price100.00%
Initial fixing date26.09.2023
Payment day02.10.2023
First trading day02.10.2023
Last trading day28.09.2026
Final fixing day28.09.2026
Redemption date02.10.2026
Redemption typeCash Settlement
Early redemptionYes
Next observation date25.06.2024
Residual term868
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 -23.68%

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 Return1.69%
Cash value of fixed income investment upon issue95.08%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date02.10.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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