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15.30% (10.20% p.a.) ZKB Reverse Convertible Defensive
ENI A/TotalEnergies A/Repsol A

ISIN: CH1273473087 Security: 127347308 Symbol: Z23CPZ Life cycle
Secondary market

Bid Price 101.10%

Ask Price 101.60%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 15.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
ENI A15.06815.398EUR12.32 (80.00%)18.25%81.1794
Total A67.4762.57EUR50.06 (80.00%)25.72%19.9776
Repsol YPF A14.68514.885EUR11.91 (80.00%)18.83%83.9772

Reference data

ISIN CH1273473087
Security 127347308
Symbol Z23CPZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)15.30% (10.20% )
Coupon paymentguaranteed
Interest portion p.a.3.67%
Premium portion p.a.6.53%
Coupon date30.04.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date20.10.2023
Payment day30.10.2023
First trading day30.10.2023
Last trading day22.04.2025
Final fixing day22.04.2025
Redemption date30.04.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term341
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -2.14%

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 date30.04.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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