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ZKB Callable Reverse Convertible Defensive on worst of
ENI A/Shell N/TotalEnergies A

ISIN: CH1273458518 Security: 127345851 Symbol: Z23CFZ Life cycle
Secondary market

Bid Price n.a.

Ask Price n.a.

Currency qn.a.

Exchange SIX Structured Products

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
ENI A15.06814.356EUR10.62 (74.00%)25.47%n.a.
Royal Dutch Shell A33.6228.39EUR21.01 (74.00%)28.18%n.a.
Total A67.4757.86EUR42.82 (74.00%)28.04%n.a.

Reference data

ISIN CH1273458518
Security 127345851
Symbol Z23CFZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)8.55% (5.70% )
Coupon paymentguaranteed
Interest portion p.a.1.87%
Premium portion p.a.3.83%
Coupon date05.06.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date29.08.2023
Payment day05.09.2023
First trading day05.09.2023
Last trading day28.02.2025
Final fixing day28.02.2025
Redemption date05.03.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term287
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -0.71%

Product type

SSPA derivative category Yield enhancement
SSPA code Reverse convertible (1220)

Legal parties

Issuer Zürcher 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 Return1.87%
Cash value of fixed income investment upon issue97.26%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, EEA, Guernsey, GB

Redemption

Redemption date05.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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