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7.75% ZKB Reverse Convertible Defensive
Komax Hldg N/UBS Group AG N/Lonza Grp N

ISIN: CH1273458591 Security: 127345859 Symbol: Z23CGZ Life cycle
Secondary market

Bid Price 103.67%

Ask Price 104.17%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 250'000.00

Date/time (delayed) 17.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Komax Hldg N167.6217.50CHF163.13 (75.00%)3.25%0.6130
UBS Group AG27.5422.16CHF16.62 (75.00%)39.74%6.0168
Lonza Grp N529.2483.20CHF362.40 (75.00%)31.39%0.2759

Reference data

ISIN CH1273458591
Security 127345859
Symbol Z23CGZ
Currency CHF
Currency hedging No
Nominal amount 100.00

Coupon

Coupon (Coupon p.a.)7.75% (7.75% )
Coupon paymentguaranteed
Interest portion p.a.1.87%
Premium portion p.a.5.88%
Coupon date06.09.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date30.08.2023
Payment day06.09.2023
First trading day06.09.2023
Last trading day30.08.2024
Final fixing day30.08.2024
Redemption date06.09.2024
Redemption typeCash Settlement
Early redemptionNo
Residual term104
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 100.00
Performance of underlying since issue -22.48%

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 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, EEA, Guernsey, GB

Redemption

Redemption date06.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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