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7.50% (5.00% p.a.) ZKB Reverse Convertible Defensive
Nestlé N/Roche GS

ISIN: CH1273468772 Security: 127346877 Symbol: Z234YZ Life cycle
Secondary market

Bid Price 100.22%

Ask Price 100.72%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 10.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Nestlé N95.18100.40CHF85.34 (85.00%)10.17%11.7178
Roche GS225.1248.05CHF210.84 (85.00%)6.42%4.7429

Reference data

ISIN CH1273468772
Security 127346877
Symbol Z234YZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)7.50% (5.00% )
Coupon paymentguaranteed
Interest portion p.a.1.67%
Premium portion p.a.3.33%
Coupon date11.10.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date06.10.2023
Payment day11.10.2023
First trading day11.10.2023
Last trading day07.04.2025
Final fixing day07.04.2025
Redemption date11.04.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term330
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 -9.17%

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 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 date11.04.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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