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ZKB Callable Reverse Convertible on worst of
Siemens Healthineers AG/Deutsche Telekom AG/Schneider Electric SE

ISIN: CH1446529385 Security: 144652938 Symbol: n.a. Life cycle
gray-market

Bid Price 98.71%

Ask Price 0.00%

Currency qUSD

Exchange ZKB

Volume 125'000.00

Volume n.a.

Date/time (realtime) 21.07.2025 05:45:34

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Siem Healthin N45.846.315EUR39.37 (85.00%)14.04%n.a.
Deutsche Telekom N30.330.495EUR25.92 (85.00%)14.45%n.a.
Schneider Electric A235.75239.825EUR203.85 (85.00%)13.53%n.a.

Reference data

ISIN CH1446529385
Security 144652938
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)20.39% (10.17% )
Coupon paymentguaranteed
Interest portion p.a.3.69%
Premium portion p.a.6.47%
Coupon date27.10.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date17.07.2025
Payment day24.07.2025
First trading day24.07.2025
Last trading day19.07.2027
Final fixing day19.07.2027
Redemption date26.07.2027
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term727
Issue amount125'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -1.70%

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 marketYes
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, Guernsey, EEA, GB

Redemption

Redemption date26.07.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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