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ZKB Reverse Convertible on worst of
Heidelberg Materials AG/Hochtief AG/Vinci SA/Holcim Ltd

ISIN: CH1492835694 Security: 149283569 Symbol: n.a. Life cycle
Secondary market

Bid Price 101.03%

Ask Price 0.00%

Currency qUSD

Exchange ZKB

Volume 1'000'000.00

Volume n.a.

Date/time (realtime) 23.12.2025 05:21:09

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Heidelberg Mat. I221.7207.00EUR165.60 (80.00%)25.30%n.a.
Hochtief A331.2279.50EUR223.60 (80.00%)33.01%n.a.
Vinci A119.65117.75EUR94.20 (80.00%)21.30%n.a.
Holcim N77.5670.11CHF56.09 (80.00%)27.68%n.a.

Reference data

ISIN CH1492835694
Security 149283569
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)5.99% (12.08% )
Coupon paymentguaranteed
Interest portion p.a.3.85%
Premium portion p.a.8.23%
Coupon date02.03.2026
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date21.11.2025
Payment day28.11.2025
First trading day28.11.2025
Last trading day20.05.2026
Final fixing day20.05.2026
Redemption date28.05.2026
Redemption typeCash Settlement
Early redemptionNo
Residual term144
Issue amount1'000'000.00

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 1.66%

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 securitiesNo
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 date28.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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