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ZKB Callable Reverse Convertible Defensive on worst of
KLA-Tencor A/Microsoft N/ASML Holding A

ISIN: CH1273459102 Security: 127345910 Symbol: Z23CHZ 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
KLA-Tencor A710.67501.87USD401.50 (80.00%)40.34%n.a.
Microsoft N412.32327.76USD262.21 (80.00%)35.69%n.a.
ASML Holding A847.9607.90EUR486.32 (80.00%)43.65%n.a.

Reference data

ISIN CH1273459102
Security 127345910
Symbol Z23CHZ
Currency qCHF
Currency hedging Yes
Nominal amount 100'000.00

Coupon

Coupon (Coupon p.a.)10.25% (10.25% )
Coupon paymentguaranteed
Interest portion p.a.1.82%
Premium portion p.a.8.44%
Coupon date06.06.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date31.08.2023
Payment day06.09.2023
First trading day06.09.2023
Last trading day30.08.2024
Final fixing day30.08.2024
Redemption date06.09.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term111
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 100'000.00
Performance of underlying since issue 24.40%

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 securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.82%
Cash value of fixed income investment upon issue98.21%
Cash value of fixed income investment upon redemption100.00%

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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