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PDCP PROFIT 4


ISIN:
AT0000A1L536

Date: 2019/12/09 00:00:00
Bid Ask
102.64 -
Difference 0.23% (0.24)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon0.000%
Coupon stylevariable
Coupon payment date2021/06/09
Coupon payment periodat maturity
Yield to maturity p.a. (before capital gains tax)-
Value date2016/04/25
Maturity2021/06/09
Repayment value90.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest0.00
Investor tolerance3 (scale 1-7)
Last trading day2021/06/01

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Scale: ABS REL         Instrument

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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 the Prémiový dluhový cenný papír PROFIT 4 offer?

  • Attractive potential yield of up to 35% for the time of its duration.
  • 100% participation in the regularly observed trend of the underlying asset  –  the STOXX® Global Select Dividend 100 index.
  • Underlying: www.investicnicentrum.cz/
    stoxxglobal100sd
  • A minimum return of 90% of its nominal value at the maturity date.
  • Regular observation and fixing of attained yields. The resulting yield is calculated as 100% participation from the average of quarterly fixed values of the monitored underlying asset.
  • Immediate availability of funds. You can sell the Premium Bond at any time prior to the maturity date for the market price stated in Česká spořitelna Exchange Rate List.
  • Prémiový dluhový cenný papír PROFIT 4 does not guarantee a return on the invested amount. It guarantees a return of 90% of its nominal value at the maturity date. 
  • The holder of the premium bond bears issuer’s credit risk.
  • The prices are specified as a percentage of the nominal value. The buying price means the client is selling, the selling price means the client is buying.
  • Guarantee:  90% return of the nominal value of the PDCP at the maturity date.
  • Participation: 100% of the regularly observed trend of the underlying asset 
  • Maximum payout:  135% of the PDCP nominal value
  • Premium formula: 100% + (average/initial price - 1), minimum 90%, maximum 135%
  • Underlying asset: STOXX® Global Select Dividend 100
  • Nominal value of one piece of the Bond : CZK 10,000
  • Minimum investment: 1 piece
  • Currency: Czech crown (CZK)
  • The initial value of the underlying asset shall be fixed on: 27 May 2016
  • Observations:  quarterly, always as at 27. January, 27 May, 27 August and 27 November with the convention of the following working day   
  • Last observation: 27 May 2021
  • Liquidity: daily according to Česká spořitelna Exchange Rate List 
  • Maturity date: 9 June 2021
  • Issuer: Erste Group Bank AG
  • Price for the provision of early redemption: 2% of the transaction volume

Description

Attractive potential yield of up to 35% for five years with a minimum 90% return of the nominal value of PDCP PROFIT 4 at its maturity date.

Each rationally thinking person looks for ways of how to get the most effective return on his money. However that matter of how to evaluate and consider which investment solution is the best is not that simple. For many it is important to know beforehand what the trend of investment could be, and above all the yield potential, and the market risk involved. If these parameters are also important to you then the Prémiový dluhový cenný papír PROFIT 4 is here for you.

The yield of the five-year Prémiový dluhový cenný papír PROFIT 4 is based on the trend of reputable global companies which pay out a high dividend yield in the long term. 

They are represented by the STOXX® Global Select Dividend 100 share index which includes one hundred high quality companies from North America, Europe and Asie/Australia (such as Allianz, Intel, E.ON, TOTAL, Merck & Co., ROYAL DUTCH SHELL, ZURICH INSURANCE GROUP, GLAXOSMITHKLINE, Kimberly-Clark and others).

Payment notes

How does the Prémiový dluhový cenný papír PROFIT 4 work?

  • The yield of the five-year PDCP PROFIT 4 depends on the trend of the STOXX® Global Select Dividend 100 share index containing stocks with a high dividend yield. 
  • The initial value of the underlying asset shall be fixed on 27. May 2016.
  • The underlying asset is observed quarterly. Its value is fixed on the observation day every quarter of a year.
  • As part of the observation the average value of the underlying asset is calculated from the total of these 20 gained values. This value is compared to its initial value.
  • During the lifetime of the premium bond also a negative value may be included.
  • The total yield at the maturity is calculated as follows: 100% + (average of the values of the underlying asset from all the 20 observations /initial value of the underlying asset – 1), while the final average value of the underlying asset can be negative up to – 10 %.
  • The minimum return on the PDCP PROFIT 4 at the maturity date is 90% of its nominal value.
  • The maximum premium is fixed at 35% for the duration of the PDCP PROFIT 4, i.e. for 5 years.
  • Regular observations and the averaging of the obtained values partially protect the investor from any sharp fall of the prices of the observed underlying asset just before the maturity date. The total yield in fact does not depend just on the closing value of the underlying asset.

Examples of scenarios at maturity – see the leaflet

Settlement

  • The maturity date of the Premium Bond (Prémiový dluhový cenný papír) is 9 June 2021
  • Česká spořitelna pays out the yield and the nominal value 
  • It takes 3 working days to settle the buying and selling of the Premium Bond

Secondary market

  • The minimum purchased quantity: 1 piece
  • The Bond can be sold even prior to the maturity date for the price according to Česká spořitelna Exchange Rate List which you can find here at the Investment Centre/Exchange Rate Lists

Legal note

The content on this page is for informational purposes only for existing investors. This product is not offered for subscription and is not a public offering.

Underlying

STOXX GLOBAL 100 SELECT DIVIDEND
US26063V1180
Akciový index STOXX® Global Select Dividend 100 zahrnuje sto velmi kvalitních společností ze Severní Ameriky, Evropy a Asie/Austrálie (např. Allianz, Intel, E.ON, TOTAL, Merck & Co., ROYAL DUTCH SHELL, ZURICH INSURANCE GROUP, GLAXOSMITHKLINE, Kimberly-Clark a další).
 

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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