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ZKB Reverse Convertible on worst of
AppLovin Corp/Spotify Technology S.A./Netflix Inc

ISIN: CH1510923985 Security: 151092398 Symbol: n.a. Life cycle
Secondary market

Bid Price 88.41%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 18.02.2026 05:21:03

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
AppLovin A404.39564.3338USD423.25 (75.00%)-5.36%2.3627
Spotify Technology N477.58506.3499USD379.76 (75.00%)20.58%2.6332
Netflix A77.9982.2599USD61.69 (75.00%)20.70%16.2088

Reference data

ISIN CH1510923985
Security 151092398
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)11.48% (22.96% )
Coupon paymentguaranteed
Interest portion p.a.3.71%
Premium portion p.a.19.25%
Coupon date28.07.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date21.01.2026
Payment day28.01.2026
First trading day28.01.2026
Last trading day21.07.2026
Final fixing day21.07.2026
Redemption date28.07.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term151
Issue amount50'000.00

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 -28.82%

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 Return3.71%
Cash value of fixed income investment upon issue100.00%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date28.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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