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Prémiový dluhový cenný papír 2 % EURO STOXX 50® Deep Barrier 2


ISIN:
AT0000A1WBZ7

Date: 2019/12/09 00:00:00
Bid Ask
95.79 -
Difference 0.02% (0.02)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon2.000%
Coupon stylefix
Coupon payment date2018/06/13
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)-
Value date2017/06/13
Maturity2022/06/13
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest99.44
Investor tolerance1 (scale 1-7)
Last trading day2022/06/06

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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

Why buy the Prémiový dluhový cenný papír 2 % EURO STOXX 50®Deep Barrier 2?

  • Interesting fixed interest of 2% p. a. paid out annually regardless of the trend of the underlying asset.
  • An attractive barrier level subject to a return guarantee of 45% of the initial value (Note) of the stock index EURO STOXX 50®.
  • The Premium Bond is issued in Czech crowns and the investor does not bear the currency risk.
  • EURO STOXX 50® is a broadly diversified index representing high quality European companies.

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Note: The initial price of index EURO STOXX 50 was fixed at the following value of 3,491.81 EUR on 3 July 2017, which respondes to a barrier of 1,571.31 EUR.

  • Conditioned return-on-investment guarantee: 100 % of the nominal value of the Premium Bond on its maturity date shall be paid out only if, in the course of monitored period, the barrier of 45% of the initial value (see Note) of the EURO STOXX 50® index is not touched or broken downwards.  Should the EURO STOXX 50® index drop to the level of 45% or lower of its initial value (Note), the proportion of the nominal value of the Premium Bond which reflects the actual performance of the index shall be paid out at the maturity date, however no more than 100% of its nominal value. The actual performance is determined by the closing value of the index on the last monitoring day and by the initial value of the index.
  • The Premium Bond does not guarantee a return on the investment.
  • The Premium Bond holder bears the issuer’s credit risk.
  • The prices are quoted in percentages of the nominal value. The buying price means the client is selling, the selling price means the client is buying.
  • The nominal value of one Premium Bond is: CZK 10,000
  • Minimum investment: 1 piece
  • Currency: Czech crown (CZK)
  •  Issuer: Erste Group Bank AG
  • Underlying asset: EURO STOXX 50® stock index
  • Fixed interest rate: 2% p. a.
  • Barrier for the nominal value payout: 45% of fixed initial value (Note) of EURO STOXX 50® stock index
  • Initial value fixing date: 3 July 2017
  • Monitoring: from 4 July 2017 to 1 June 2022 (including all values during the day)
  • Maturity date: 13 June 2022
  • Issue price: 100%
  • Put price: As per the current Česká spořitelna Exchange Rate List
  • Liquidity: daily as per the Česká spořitelna Exchange Rate List
  • Price for the provision of early redemption: 2% of the transaction volume
  • Selling start date: 12 June 2017

Description

Are you looking for an interesting investment opportunity with high fixed interest? Do you trust the strength of the European economy and expect its stable trend? Then the five-year Prémiový dluhový cenný papír 2 % EURO STOXX 50®Deep Barrier 2 is designed just for you. It pays out an annual yield of 2% and the payout of its nominal value is based on the trend of the market rate of the leading European stock index EURO STOXX 50®.

The Prémiový dluhový cenný papír 2 % EURO STOXX 50®Deep Barrier 2 offers an interesting fixed interest of 2% p. a.

The EURO STOXX 50® is the main European stock index which includes fifty of the most successful companies in Eurozone countries operating across all important sectors. Among the most prominent companies belong for example AXA, Allianz, Anheuser-Busch InBev, BASF, Bayer, Danone, Deutsche Telekom, L’Oreal, Sanoi, SAP, Siemens, Telefonica, Total or Unilever.

Payment notes

How does the Prémiový dluhový cenný papír 2% EURO STOXX 50®Deep Barrier 2 work?

  • The return of the nominal value of the Premium Bond at its maturity date is based on the market rate trend of the leading European stock index EURO STOXX 50®.
  • The initial value (Note) of the EURO STOXX 50®m index shall be fixed on 3 July 2017.
  • The trend of the EURO STOXX 50® index shall be observed from 4 July 2017 to 1 June 2022 (including the value during the day).
  • The interest of 2% p.a. of the nominal value of the Premium Bond is paid out annually always regardless of the trend of the underlying asset of the EURO STOXX 50® index.
  • The payout of the nominal value of the Premium Bond depends on the trend of the underlying asset, i.e. the market rate trend of the leading European stock index EURO STOXX 50®.
  • The barrier level is set at 45% of the fixed initial value (Note) of the EURO STOXX 50® index, and even touching the barrier is considered breaking it.
  • The distance of 55% between the initial value and low set barrier creates a “margin of safety” for the period of any possible fall of the EURO STOXX 50® index.
  • If the EURO STOXX 50® index value (including the values during the course of the day) does not fall to or below the barrier level of 40% of its initial value (Note) during the course of observation, the nominal value of the Premium Bond is paid out at the maturity date.
  • If the EURO STOXX 50® index value (including the values during the course of the day) falls to or below the barrier level of 45% of its initial value (Note) during the course of observation, the nominal value of the Premium Bond will be paid out at the maturity date reduced by the total percentage loss of the EURO STOXX 50® index.
  • If the EURO STOXX 50® index value (including the value during the course of the day) falls to or below the barrier level of 45% of its initial value (Note) during the course of observation, however at the last observation day it will be above its initial value, 100% of the nominal value of the Premium Bond will be paid out at the maturity date, regardless of whether or not the barrier was broken in the course of the duration of the Premium Bond.

What situations could arise at the maturity date? – see the leaflet

Settlement

  • The Premium Bond maturity date is 13 June 2022
  • Česká spořitelna pays out the yield and nominal value
  • It takes three working days to settle the buying and selling of the Premium Bond

Secondary market

  • Minimum purchased quantity: 1 piece
  • The debt security may be sold also prior to its maturity date for the price established by the current Exchange Rate List

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Note: The initial price of index EURO STOXX 50 was fixed at the following value of 3,491.81 EUR on 3 July 2017, which respondes to a barrier of 1,571.31 EUR.

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

EURO STOXX 50
EU0009658145
EURO STOXX 50®je hlavním evropským akciovým indexem, který zahrnuje padesát nejúspěšnějších společností zemí eurozóny působících ve všech důležitých sektorech. Každé čtvrtletí se prověřuje a případně upravuje jak složení, tak i váha jednotlivých titulů v indexu. Mezi nejvýznamnější společnosti patří např. Total, Sanofi, Bayer, Siemens, Anheuser-Busch InBev, SAP, Unilever, Allianz, Deutsche Telekom nebo Danone.

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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