Look for:

Our offer for

Prémiový dluhopis MULTI 16


ISIN:
XS2176145386

Date: 2024/03/18 11:40:00
Bid Ask
90.83 -
Difference -0.02% (-0.02)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueLU
Current coupon-
Coupon stylevariable
Coupon payment date2025/09/29
Coupon payment periodat maturity
Value date2020/09/29
Maturity2025/09/29
Repayment value100.00
CurrencyCZK
Nominal value10,000
Accrued Interest-
Yield to maturity p.a. (before capital gains tax)-
Investor tolerance1 (scale 1-7)
Last trading day2025/09/22

PDF Downloads

CZ FlyerPDF Download
CZ ReportPDF Download

Scale: ABS REL         Instrument

Add Benchmark:



The chart is composed of values which are the arithmetic average values of bid / ask (MID) from previous working day. Performances under 12 month have only little informative value. Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of

Why buy Prémiový dluhopis MULTI 16?

  • Interesting yield potential of up to 30% for its duration.
  • 100% participation in a regularly observed trend of a broadly diversified underlying asset – the Global Multi Asset Strategy EUR index.
  • Regular observation of the underlying asset. The resulting yield is calculated as 100% participation of the average annually fixed values of the observed underlying asset.
  • Even with a greater fall in the underlying asset at least 100% of the PD MUTLI 16 nominal value (see Note) is always paid out at maturity thanks to the guarantee.
  • Fast availability of funds. You can sell the PD MULTI 16 subject to standard market conditions, through Česká spořitelna at any time before maturity, for the market price shown in the Exchange Rate List of Česká spořitelna. However in such a case the price may fluctuate even below 100% of its nominal value. The payout guarantee of a minimum of 100% of its nominal value (see Note) applies to payout at maturity.
  • PD MULTI 15 is issued in Czech crowns, the investor does not bear the currency risk.

------------------------------------
Note: The disbursement of the guaranteed amount depends on the ability of the issuer and guarantor to meet its commitments arising from the guarantee.

Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market!

The target market defines the set of investors (retail clients) for whom the investment product is intended.

This investment product  is intended for investors who:
  • have sufficient knowledge and/or experience regarding bonds.
  • seek investment profit
  • are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes.
  • In the event of an unfavorable development of the investment, they are able to bear the possible loss, which is ilustrated by performance scenarios, see Key Information Document (KID).
  • are interested in holding the product until the maturity specified in General attributes.
PD MULTI 16 is not intended for investors (negative product target market) who are unable to bear the possible loss of invested funds in the event of an unfavorable development of the investment.
The client's compatibility with the product's target market will be evaluated during the purchase process.
-------------------------------------
  • The guarantee does not apply in situations when the issuer fails or if you sell the Premium Bond before its maturity.
  • The Premium Bond holder bears the issuer´s and the guarantor´s credit risk.
  • Formula for calculating the value at maturity: 100% of the PD MULTI 16 + 100% participation  x (average value from 5 observations of the underlying asset/initial value – 1), minimum 100%, maximum 130%.

    You will find more information in the leaflet.
  • Description

    An interesting yield potential of up to 30% in five years with a minimum 100% return on the nominal value (see Note) of the PD MULTI 16 at its maturity date.

    The global “multi asset” investment strategy uses a broad spectrum of underlying assets ranging from bonds, shares to commodities and applies a flexible approach to the management of the market risks taken and the yield potential. This complex investment method is used for the PD MULTI 16, whose yield depends on the trend of Global Multi Asset Strategy EUR index.

    • Issuer: SG Issuer
    • Underlying: Global Multi Asset Strategy EUR Index
    • Subscription period: 24.8.2020 (9.00)–22.9.2020 (16.00)

    Please, find more information in the leaflet.

    Payment notes

    How does the Prémiový dluhopis MULTI 16 work?

    • The yield of the five-year PD MULTI 16 depends on the trend of global Global Multi Asset Strategy EUR.
    • The initial value of the underlying asset shall be determined on 22 September 2020.
    • The underlying asset is observed annually. Each year its value is recorded on the observation day.
    • The average value of the underlying asset is calculated from these 5 values acquired during observation. This is then compared to its initial value.
    • The total amount of the payout at maturity is calculated: 100% of the nominal value of the PD MULTI 16 + participation 100% x (average value of 5 observations of the underlying asset/initial value – 1).
    • Even with a greater fall in the underlying asset at least 100% of the PD MULTI 16 nominal value (see Note) is always paid out at maturity thanks to the guarantee.
    • For the duration of the PD MULTI 16 its price may fall even below 100% of its nominal value with regard to the trend in the underlying asset and market conditions.
    • The maximum amount of the premium is fixed at 30% of the Premium Bond nominal value for the duration of the PD MULTI 16, i.e. for 5 years.
    • Regular annual observation and averaging of the acquired index values partly protect the investor from any sharp fall of the prices of the observed underlying asset just before maturity. The total yield does not depend only on the closing value of the observed underlying asset, but on the continuous value of the underlying asset throughout the duration of the PD MULTI 16. However regular observation can also reduce the resulting yield (if for example there is a rise in the underlying asset just before maturity).

    You will find examples of scenarios at maturity in the leaflet

    Settlement

    • Maturity of the Premium Bond is 29 September 2025
    • Česká spořitelna pays out the yield and the nominal value
    • Liquidity: daily according to current market prices in the Exchange Rate List of Česká spořitelna, a.s.
    • It takes three working days to settle the buying and selling of the Premium Bond

    Secondary market

    • Minimum purchased amount: 1 piece
    • Selling price: 100%, free of charge
    • The prices are given as the percentages of the nominal value. The buying price means the client is selling, the selling price means the client is buying.
    • The Premium Bond can be sold even before the maturity date for the price in the Česká spořitelna Exchange Rate List which you will find here at the Investment Centre/Exchange Rate Lists
    • Price for the provision of early redemption: 2% of the transaction volume

    -------------------------------------
    Note: The disbursement of the guaranteed amount depends on the ability of the issuer and guarantor to meet its commitments arising from the guarantee.

    Note 2.: Product risk rate weight is on a scale from 1 to 7 from a potentially lower risk and yield of 1 to a potentially higher risk and yield of 7 assuming that you will keep the product until the maturity date. The real risk may substantially differ, if you sell the product prematurely. The product risk-weight is a guide for comparing the rate of risk in comparison with others. It shows how likely it is that you can lose money as a consequence of movements on the markets, or because the issuer will be unable to pay out the money.

    Note 3: You will find the exact expression of product costs in the PD MULTI 16 Issue order.


    Underlying


    Know-How

     
    In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.




    Decline
    Accept

    We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. Please read more information here

    INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

    Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

    By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer