|Date: 2022/05/23 10:45:00|
|Type of bond||Structured bonds and notes|
|Issuer type||financial institution|
|Country of issue||DE|
|Coupon payment date||2023/01/31|
|Coupon payment period||annually|
|Investor tolerance||4 (scale 1-7)|
|Last trading day||2025/01/24|
|Advantages||Details you should be aware of|
What does PDCP TRANSATLANTIC AUTOCALL 2 offer?
PDCP TRANSATLANTIC AUTOCALL 2 with the option of automatic early repayment provides the opportunity to gain an attractive annual 5.85% yield (see Note). The total yield for its three-year duration can then reach up to 17.55%.
The payout of the nominal value of PDCP TRANSATLANTIC AUTOCALL 2 is conditioned upon the development of prices of two key share indices: EURO STOXX 50® and S&P 500® which include largest publicly traded European and American companies. In addition, the construction of PDCP TRANSATLANTIC AUTOCALL 2 allows its early repayment even in case of a slight decrease or stagnation of the underlying indices. PDCP TRANSATLANTIC AUTOCALL 2 may end already after the first year or subsequently each year for its duration depending on fulfilment of conditions for early repayment or at its maturity date.
For more information see the leaflet
How does PDCP TRANSATLANTIC AUTOCALL 2 work?
Note: PDCP TRANSATLANTIC AUTOCALL 2 pays out interest yields always once a year for the duration of PDCP TRANSATLANTIC AUTOCALL 2, i.e. until the date of early or regular maturity date.
Note 2: The initial value will be calculated for the EURO STOXX 50® and S&P 500® indices providers based on the closing prices of the underlying assets on the relevant stock exchanges on 24 January 2022.
Note 3: Product risk weight is on a scale of 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 its maturity date. The real risk may significantly differ in case you sell the product prematurely. The product risk weight is a guide for a comparison of the risk rate of this product compared with other products. 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 the money.
|EURO STOXX 50|
|EURO STOXX 50® is Europe’s leading stock index which includes 50 biggest companies with the highest liquidity in Eurozone countries across all important sectors. Among the most important companies belong for example TotalEnergies (oil and natural gas), Linde (chemical industry), ASML, SAP (IT), LVMH, L’Oreal (consumer goods), Sanofi (healthcare) or Siemens (industrial goods and services).|
|The S&P 500® stock index includes 500 of the most successful American companies across all sectors. The index portfolio is represented by the following key companies: Microsoft, Apple, Intel, Cisco (IT), Johnson & Johnson, Merck, Pfizer, Moderna (healthcare), Amazon, Walmart, Procter & Gamble, Coca Cola, PepsiCo (consumer goods), Verizon, AT&T (telecommunications), Berkshire Hathaway, J. P. Morgan Chase, Bank of America, Citigroup (finance) and other. This extensive global diversification across sectors can bring an interesting potential.|
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