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ZKB Callable Reverse Convertible on worst of
Sika AG/VAT Group AG/Partners Group Holding AG

ISIN: CH1510910743 Security: 151091074 Symbol: n.a. Life cycle
gray-market

Bid Price 100.10%

Ask Price 101.00%

Currency CHF

Exchange ZKB

Volume 250'000.00

Volume 250'000.00

Date/time (realtime) 08.12.2025 10:25:44

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Sika N158.15156.50CHF109.55 (70.00%)n.a.9'128.2519
VAT Group N391.4370.40CHF259.28 (70.00%)n.a.3'856.8343
Part Grp Hldg N956929.60CHF650.72 (70.00%)n.a.1'536.7593

Reference data

ISIN CH1510910743
Security 151091074
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000'000.00

Coupon

Coupon (Coupon p.a.)7.02% (7.02% )
Coupon paymentguaranteed
Interest portion p.a.0.00%
Premium portion p.a.7.02%
Coupon date09.01.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date02.12.2025
Payment day09.12.2025
First trading day09.12.2025
Last trading day02.12.2026
Final fixing day02.12.2026
Redemption date09.12.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term358
Issue amount1'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000'000.00
Performance of underlying since issue

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 taxNo
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 date09.12.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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