|Date: 2020/07/16 00:00:00|
|Type of bond||Subordinated bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon payment date||2018/12/18|
|Coupon payment period||semi annually|
|Yield to maturity p.a. (before capital gains tax)||-|
|Capital gains tax||-|
|Investor tolerance||5 (scale 1-7)|
|Last trading day||2028/06/09|
|This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties.|
Do you trust the financial strength of the Erste Group Bank and would you like to be part of the success of this renowned Central European financial group? The Podřízený dluhopis EGB Fix-To-Float / 2028 offers an interesting yield potential with a fixed as well as floating interest-bearing.
For its duration this subordinated bond offers its clients two types of yield interest: fixed and floating. In a short-term period of one year duration in the current low-interest environment, it offers an above standard fixed interest of 1.5% p.a. Then in the next nine years until repayment its yield shall be based on the six-month PRIBOR rate while the minimum interest shall be 1% p.a. and the bond will pay out a maximum of 4% p.a.
Podřízený dluhopis EGB Fix-To-Float / 2028 is ideal for anybody who expects an increase of interest rates over a longer period of time.
How the yield is calculated?
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