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5.9999% p.a. ZKB Reverse Convertible Defensive
Merck KGaA Aktie

ISIN: CH1218254535 Security: 121825453 Symbol: AAMRKZ Life cycle
Secondary market

Bid Price 100.14%

Ask Price 100.64%

Currency EUR

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (realtime) 17.07.2024 09:46:15

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Merck A154.1150.397EUR112.65 (74.90%)26.95%887.7258

Reference data

ISIN CH1218254535
Security 121825453
Symbol AAMRKZ
Currency EUR
Currency hedging No
Nominal amount 100'000.00

Coupon

Coupon (Coupon p.a.)3.08% (6.00% )
Coupon paymentguaranteed
Interest portion p.a.3.55%
Premium portion p.a.2.45%
Coupon date07.01.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date25.06.2024
Payment day02.07.2024
First trading day02.07.2024
Last trading day27.12.2024
Final fixing day27.12.2024
Redemption date07.01.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term162
Issue amount3'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 100'000.00
Performance of underlying since issue 2.53%

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (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, GB

Redemption

Redemption date07.01.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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