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ZKB Reverse Convertible on worst of
Tecan Group AG/BACHEM HOLDING AG/Sonova Holding AG

ISIN: CH1303973080 Security: 130397308 Symbol: Z08T3Z Life cycle
Secondary market

Bid Price 106.93%

Ask Price 107.43%

Currency qGBP

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
TECAN GROUP N340.4311.60CHF233.70 (75.00%)31.35%n.a.
Bachem Holding88.570.35CHF52.76 (75.00%)40.38%n.a.
Sonova Hldg N297.5249.10CHF186.83 (75.00%)37.20%n.a.

Reference data

ISIN CH1303973080
Security 130397308
Symbol Z08T3Z
Currency qGBP
Currency hedging Yes
Nominal amount 1'000.00

Coupon

Coupon (Coupon p.a.)17.25% (11.50% )
Coupon paymentguaranteed
Interest portion p.a.5.02%
Premium portion p.a.6.48%
Coupon date05.06.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date23.11.2023
Payment day05.12.2023
First trading day05.12.2023
Last trading day26.05.2025
Final fixing day26.05.2025
Redemption date05.06.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term375
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot GBP 1'000.00
Performance of underlying since issue 9.24%

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 Return5.02%
Cash value of fixed income investment upon issue92.91%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date05.06.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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