| Date: 2024/04/18 00:00:00 | |
|---|---|
| Bid | Ask |
| 94.25 | 97.69 |
| Difference | 0.11% (0.11) |
General attributes
| Type of bond | Subordinated bonds |
| Bond style | subordinated |
| Issuer type | financial institution |
| Country of issue | AT |
| Current coupon | 5.000% |
| Coupon style | floating |
| Coupon payment date | 2017/07/12 |
| Coupon payment period | semi annually |
| Value date | 2017/01/12 |
| Maturity | 2027/01/12 |
| Repayment value | 100.00 |
| Currency | CZK |
| Nominal value | 10,000 |
| Accrued Interest | 140.28 |
| Yield to maturity p.a. (before capital gains tax) | - |
| Investor tolerance | 5 (scale 1-7) |
| Last trading day | 2027/01/05 |
Legal note
| 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. |
Add Benchmark:
Description
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 / 2027 with fixed as well as floating interest-bearing offers an interesting yield potential. For its duration this subordinated bond offers its clients two types of yield interest: fixed and floating. In a short-term period of two years in the current low-interest environment, it offers an above standard fixed interest of 2.4 % p.a. Then in the next eight years until repayment its yield shall be based on the six-month PRIBOR rate while the minimum interest shall be 2% p.a. and the bond will pay out a maximum of 5% p.a. Podřízený dluhopis EGB Fix-To-Float / 2027 is ideal for anybody who expects an increase of interest rates over a longer period of time. |
Payment notes
How the yield is calculated?
|
Settlement
|
Secondary market
Warning: Since 1 August 2013, when granting state aid, the principles applied are those contained in the communication of the Commission on the application of State aid rules to support measures in favour of banks in the context of the financial crisis (2013/C 216/01). According to these principles, before granting any kind of restructuring aid, be it a recapitalising or impaired asset rescue measure, all capital generating measures, including the conversion of junior debt to equity, should be exhausted. For subordinated bond holders these principles mean that they have to contribute to reducing the capital shortfall while their contributions can take the form of either conversion of a bond to a share or a write-down of their principal. |