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Prémiový dluhový cenný papír TECHNOLOGY AUTOCALL 4


ISIN:
XS2700548899

Date: 2024/06/21 00:00:00
Bid Ask
97.05 -
Difference 0.00% (0.00)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueFR
Current coupon-
Coupon stylevariable
Coupon payment date2027/06/17
Coupon payment periodat maturity
Value date2024/06/17
Maturity2027/06/17
Repayment value0.00
CurrencyCZK
Nominal value10,000
Accrued Interest-
Yield to maturity p.a. (before capital gains tax)-
Investor tolerance6 (scale 1-7)
Last trading day2027/06/10

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Key Information DocumentPDF Download

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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
What does PDCP TECHNOLOGY AUTOCALL 4 offer?
  • Option to obtain an interesting yield of up to 28.5% in 3 years.
  • PDCP TECHNOLOGY AUTOCALL 4 can be automatically repaid early already after the first year of its duration period or the following year, if at the observation date the individual underlying shares are at or above the valid early repayment barrier. 
  • Interesting barrier level of 50% of the initial value (see Note 2) of the individual underlying shares for payout of the yield and the nominal value of PDCP TECHNOLOGY AUTOCALL 4 observed at the date of fixing the closing value of the individual underlying shares. 
  • Additional protection mechanism for payout of the nominal value of PDCP TECHNOLOGY AUTOCALL 4 at the date of its maturity. 
  • Barrier for automatic early repayment decreasing over in time: 90% (after a year), 80% (after two years).
  • PDCP TECHNOLOGY AUTOCALL 4 is issued in Czech crowns, the investor does not bear any currency risk. 
  • Electronic version of the Basic Prospectus is published on the Issuer´s website www.documentation.ca-cib.com or on www.investicnicentrum.cz/prospekty.
  • Key Information is published on the website  https://www.documentation.ca-cib.com/Document/Search or you can find it on www.investicnicentrum.cz.
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 structured products and shares.
  • 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.
This investment product is not intended for investors (negative product target market), who:
  • do not have sufficient knowledge regarding structured investment instruments and shares
  • are unable to bear the loss of invested funds indicated in the Key Information Document (KID) 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.
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  • PDCP TECHNOLOGY AUTOCALL 4 does not guarantee a return on the invested amount and the investor could lose the whole investment or a part of it. 
    100% return of the nominal value of PDCP TECHNOLOGY AUTOCALL 4 at the maturity date is not guaranteed because it depends on market rate development of the underlying shares – ASML, Capgemini a SAP.
    The holder of PDCP TECHNOLOGY AUTOCALL 4 bears the credit risk of the issuer and guarantor. 
     
    More information you will find in the leaflet.
    		•

    Description

    PDCP TECHNOLOGY AUTOCALL 4 with the option of an automatic early repayment makes it possible to gain an attractive annual yield of 9.5% (see Note). The total yield for its three-year duration may then reach as much as 28.5%.

    The payout of the yield and nominal value of PDCP TECHNOLOGY AUTOCALL 4 is subject to the price development of shares of three significant technological companies ASML, Capgemini and SAP. In addition, the construction of PDCP TECHNOLOGY AUTOCALL 4 makes its automatic early repayment possible even in case of the slight fall or stagnation of underlying assets. PDCP TECHNOLOGY AUTOCALL 4 may be repaid early already after the first year or the following year depending on the fulfilment of conditions for early repayment. 

     

    • Issuer: Crédit Agricole CIB, Crédit Agricole SA Group
    • Underlying: ASML HOLDING NV, Capgemini SE, SAP SE
    • Subscription period: 16. 5. 2024 (9.00)–10. 6. 2024 (16.00) 

    More information you will find in the leaflet.

    Payment notes

    How does PDCP TECHNOLOGY AUTOCALL 4 work?
    • The payout of the potential yield and nominal value of PDCP TECHNOLOGY AUTOCALL 4 depends on the market rate development of shares of companies such as – ASML, Capgemini a SAP.
    • For the duration of PDCP TECHNOLOGY AUTOCALL 4, it can be automatically repaid early once a year, if at the observation date the value of each individual underlying share will be equal or higher than the comparable value of the underlying share at the relevant observation date.
    • If the automatic early repayment condition is not met, PDCP TECHNOLOGY AUTO¬ CALL 4 continues to the next possible repayment date.
    • If PDCP TECHNOLOGY AUTOCALL 4 is automatically repaid early, the investor will receive its nominal value and yield of 9.5% (see Note) for each year that passed since the issue date. 
    • If there is no automatic early repayment made and at the date of fixing the closing value of individual underlying shares the value of any of them does not fall below 50% barrier of its initial value, the nominal value of the premium debt security and the total yield of 28.5% (equivalent of three annual yields in the amount of 9.5% (see Note)) will be paid out at the maturity date.
    • If there is no automatic early repayment and at the date of fixing the closing value of individual underlying shares  the price of at least one underlying share falls below the barrier of 55% of its initial value, and at the same time the closing value of any of the remaining shares will not be equal or higher than its initial value, the payout of the nominal value of PDCP TECHNOLOGY AUTOCALL 4 at the maturity date will be decreased by the loss of the worst of the three shares since the date of fixing its initial value until the date of fixing its closing value. The investor will lose more than 50% of invested money and no yield will be paid out to him.  
    • Principle of additional protection mechanism: if there is no automatic early repayment and at the date of fixing the closing value of individual underlying shares.

    Settlement

    • Maturity shall be 17.06.2027
    • Česká spořitelna pays out the yield and the nominal value 
    • It takes two working days to settle the buying and selling of the Premium Bond

    Secondary market

    • Minimum purchased amount: 1 piece
    • Price for early redemption: according to the current Price List (balance at the bond issue date: 2% of the transaction volume)
    • Selling price: 100%, no fee
    • Liquidity: daily according to current market prices, indications in the Česká spořitelna, a. s. Exchange Rate List

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    Note 1: PDCP TECHNOLOGY AUTOCALL 4 pays out any potential yields in a lump sum at its early or regular maturity date, the consolidated interest is not claimed. 
    Note 2: The initial value shall be calculated based on closing prices of the underlying assets on 10June 2024.
    Note 3: You will find the accurate expression of product costs in the Subscription Instruction of PDCP TECHNOLOGY AUTOCALL 4.
    Note 4: On a scale from 1 to 7, from potentially lower risk and yield 1 to potentially higher risk and yield 7, provided that you keep PDCP TECHNOLOGY AUTOCALL 4 until the maturity date. The real risk may differ substantially if you sell early. 


    Underlying

    ASML HOLDING NV
    NL0010273215    		This global Dutch company operates in the sphere of innovation in the semiconductor industry and was founded in 1984. ASML produces machines used in the production of chips and also specialises in the optimisation and innovation of semiconductor components. Its lithography machines (including software) form an integral part in the production of chips. Therefore, these are goods that are currently in very high demand. This is namely because semiconductor components can be found in many electronic devices, including smartphones, notebook computers, etc. ASML production machines above all use the principles of photolithography, lithography and ultraviolet rays. The sale of production systems accounts for about 70% of total sales. As a multinational company ASML employs more than 42,000 people in 16 countries. Its headquarters is in Veldhoven, Netherlands.
    Capgemini SE
    FR0000125338    		This is a global company that focuses on providing services in the sphere of information technologies. It was founded in 2008 and its headquarters is in Paris, France. The portfolio of its activities is very broad: from cloud business, warehouse management system right through to software used in healthcare or telecommunications. Capgemini’s clients include up to 85% of the biggest companies ranked in the Forbes Global 2000 list. The Capgemini Research Institute has, for the sixth time in a row, been ranked first in the development of managerial thinking (category – Thought Leadership) among independent research companies for professional services Source Global Research. The company employs more than 340,000 people in 50 countries. It also has a representative office in the Czech Republic where approximately 100 experts work for it.
    SAP SE
    DE0007164600
    This software giant based in Walldorf, Germany, was founded in 1972. The company is one of the leading world producers of planning software, including analytical systems used for the management of company processes and for e-business. It helps companies of all sizes and industries to optimise processes and make them work efficiently. It develops solutions that facilitate data processing and management of information flows within organisations. Its most famous software product is SAP R/3, which coordinates business management of companies. It contains modules for financial accounting, asset records, human resources management, controlling, organising document flow or quality management. SAP offers its services to more than 230 million cloud users. It employs more than 150,000 people in about 157 countries.

    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.



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