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ZKB Autocallable Reverse Convertible on worst of
Thales SA/Leonardo S.p.a./Rheinmetall AG

ISIN: CH1510910362 Security: 151091036 Symbol: n.a. Life cycle
Secondary market

Bid Price 100.24%

Ask Price 0.00%

Currency EUR

Exchange ZKB

Volume 230'000.00

Volume n.a.

Date/time (realtime) 23.12.2025 05:20:55

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Thales A228.6219.50EUR153.65 (70.00%)32.85%32.5415
Leonardo SpA A49.7145.68EUR31.98 (70.00%)35.53%156.3673
Rheinmetall A15411'448.00EUR1'013.60 (70.00%)34.20%4.9329

Reference data

ISIN CH1510910362
Security 151091036
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 5'000.00

Coupon

Coupon (Coupon p.a.)HO + 10.64%
Coupon paymentguaranteed
Interest portion p.a.HO
Premium portion p.a.10.640%
Coupon date16.03.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date01.12.2025
Payment day15.12.2025
First trading day15.12.2025
Last trading day01.12.2026
Final fixing day01.12.2026
Redemption date15.12.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term339
Issue amount230'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 5'000.00
Performance of underlying since issue 4.24%

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 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 date15.12.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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