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ZKB Reverse Convertible on worst of
Bayer AG/Henkel AG & Co. KGaA/Biogen Inc

ISIN: CH1303965417 Security: 130396541 Symbol: Z08G8Z Life cycle
Secondary market

Bid Price 94.65%

Ask Price 95.25%

Currency qUSD

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

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

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapAbstand zu
Cap
Ratio
Bayer N28.95540.66EUR26.43 (65.00%)8.79%n.a.
Henkel VA82.2868.08EUR44.25 (65.00%)46.47%n.a.
Biogen A221.5237.54USD154.40 (65.00%)30.48%n.a.

Reference data

ISIN CH1303965417
Security 130396541
Symbol Z08G8Z
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)24.25% (9.70% )
Coupon paymentguaranteed
Interest portion p.a.4.88%
Premium portion p.a.4.82%
Coupon date07.05.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date31.10.2023
Payment day07.11.2023
First trading day07.11.2023
Last trading day30.04.2026
Final fixing day30.04.2026
Redemption date07.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term718
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -28.74%

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 Return4.88%
Cash value of fixed income investment upon issue88.77%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date07.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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