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ZKB Reverse Convertible Defensive on worst of
SMI® Index / DAX® Index / S&P 500® Index

ISIN: CH1273457551 Security: 127345755 Symbol: Z23CEZ Life cycle
Secondary market

Bid Price 103.97%

Ask Price 104.47%

Currency GBP

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 24.07.2024 01:57:52

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio

Reference data

ISIN CH1273457551
Security 127345755
Symbol Z23CEZ
Currency GBP
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.) + n.a.
Coupon paymentguaranteed
Interest portion p.a.
Premium portion p.a.n.a.
Coupon daten.a.
Day count convention30/360 (German),n.a.
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date25.08.2023
Payment day04.09.2023
First trading day04.09.2023
Last trading day25.02.2025
Final fixing day25.02.2025
Redemption date04.03.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term215
Issue amount1'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot GBP 1'000.00
Performance of underlying since issue

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code0 (out of scope)
Internal Rate of Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, EEA, Guernsey, QZ

Redemption

Redemption date04.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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