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ZKB Callable Reverse Convertible on worst of
Alphabet Inc/Visa Inc

ISIN: CH1235766958 Security: 123576695 Symbol: n.a. Life cycle
redeemed

Bid Price 103.97%

Ask Price n.a.

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 12.12.2023 10:15:07

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Alphabet A -A-154.6994.385USD70.79 (75.00%)46.89%14.1265
Visa A -A-285.37226.12USD169.59 (75.00%)33.89%5.8966

Reference data

ISIN CH1235766958
Security 123576695
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)13.89% (9.23% )
Coupon paymentguaranteed
Interest portion p.a.5.39%
Premium portion p.a.3.84%
Coupon date16.09.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date07.03.2023
Payment day14.03.2023
First trading day14.03.2023
Last trading day09.09.2024
Final fixing day09.09.2024
Redemption date16.09.2024
Redemption typephysical delivery or cash settlement
Early redemption11.12.2023
Residual term0
Issue amount50'000.00

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 13.44%

Product type

SSPA derivative category Yield enhancement
SSPA code Reverse convertible (1220)

Legal parties

Issuer Zürcher Kantonalbank, Zürich
Keep-Well Agreement
Issuer rating Standard & Poor's AAA, Moody's Aaa, Fitch AAA
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxYes
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 Return5.39%
Cash value of fixed income investment upon issue92.41%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date16.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Early redemption

Redemption date11.12.2023
Redemption amount1'000.00

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