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ZKB Callable Reverse Convertible on worst of
Holcim Ltd/Helvetia Holding AG

ISIN: CH1252917195 Security: 125291719 Symbol: n.a. Life cycle
redeemed

Bid Price 99.61%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 500'000.00

Volume n.a.

Date/time (realtime) 28.12.2023 05:40:14

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Holcim N75.3459.75CHF34.42 (57.60%)47.76%29.0563
Helvetia Hldg N125.4119.20CHF68.66 (57.60%)40.14%14.5647

Reference data

ISIN CH1252917195
Security 125291719
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)4.50% (3.00% )
Coupon paymentguaranteed
Interest portion p.a.2.02%
Premium portion p.a.0.98%
Coupon date07.10.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date29.06.2023
Payment day06.07.2023
First trading day06.07.2023
Last trading day30.12.2024
Final fixing day30.12.2024
Redemption date06.01.2025
Redemption typephysical delivery or cash settlement
Early redemption28.12.2023
Residual term143
Issue amount500'000.00

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 -3.78%

Product type

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

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 securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return2.02%
Cash value of fixed income investment upon issue97.05%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date06.01.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Early redemption

Redemption date28.12.2023
Redemption amount1'000.00

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