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ZKB Reverse Convertible on worst of
Allianz SE/Merck KGaA

ISIN: CH1273441316 Security: 127344131 Symbol: n.a. Life cycle
Secondary market

Bid Price 101.44%

Ask Price n.a.

Currency EUR

Exchange ZKB

Volume 15'000.00

Volume n.a.

Date/time (realtime) 04.12.2024 09:51:05

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Allianz N299207.425EUR165.94 (80.00%)44.22%6.0263
Merck A143.2147.35EUR117.88 (80.00%)17.22%8.4832

Reference data

ISIN CH1273441316
Security 127344131
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)13.84% (6.91% )
Coupon paymentguaranteed
Interest portion p.a.3.76%
Premium portion p.a.3.15%
Coupon date18.07.2025
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date11.07.2023
Payment day18.07.2023
First trading day18.07.2023
Last trading day11.07.2025
Final fixing day11.07.2025
Redemption date18.07.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term218
Issue amount15'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -3.36%

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 Return3.76%
Cash value of fixed income investment upon issue92.87%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date18.07.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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