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ZKB Reverse Convertible on worst of
Bristol-Myers Squibb Co/Merck & Co Inc/Pfizer Inc

ISIN: CH1425295263 Security: 142529526 Symbol: n.a. Life cycle
Secondary market

Bid Price 88.69%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 500'000.00

Volume n.a.

Date/time (realtime) 02.06.2025 05:45:53

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Bristol Myers A48.7960.055USD48.04 (80.00%)1.08%2'081.4254
Merck A76.2594.04USD75.23 (80.00%)1.15%1'329.2216
Pfizer Inc23.4625.935USD20.75 (80.00%)11.56%4'819.7417

Reference data

ISIN CH1425295263
Security 142529526
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 100'000.00

Coupon

Coupon (Coupon p.a.)10.49% (10.49% )
Coupon paymentguaranteed
Interest portion p.a.4.00%
Premium portion p.a.6.49%
Coupon date11.03.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date04.03.2025
Payment day11.03.2025
First trading day11.03.2025
Last trading day04.03.2026
Final fixing day04.03.2026
Redemption date11.03.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term273
Issue amount500'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 100'000.00
Performance of underlying since issue -19.12%

Product type

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

Legal parties

Issuer Zuercher 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 code (out of scope)
Internal Rate of Return4.00%
Cash value of fixed income investment upon issue96.15%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date11.03.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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