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Prémiový dluhový cenný papír 2,8 % EURO STOXX 50® Deep Barrier 3


ISIN:
AT0000A1Z5H8

Date: 2019/12/13 00:00:00
Bid Ask
97.43 -
Difference 0.16% (0.16)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon2.800%
Coupon stylefix
Coupon payment date2018/12/07
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)-
Value date2017/12/07
Maturity2022/12/07
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest8.56
Investor tolerance1 (scale 1-7)
Last trading day2022/11/29

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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 2,8% EURO STOXX 50® Deep Barrier 3?

  • Interesting fixed yield of 2.8% p.a. paid annually regardless of the underlying asset trend.
  • Attractive 45% barrier level of the initial value (see Note) of the EURO STOXX 50®  stock index.
  • The Premium Bond is issued in Czech crowns and the investor does not bear the currency risk.
  • EURO STOXX 50® is a widely diversified index representing high-quality European companies.
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    Note:  The initial value will be calculated by EURO STOXX 50® stock index provider based on the closing prices of the underlying assets at relevant stock exchanges on 20 December 2017.
  • The Premium Bond does not guarantee a return on the invested amount.
  • The return of 100% nominal value of the Premium Bond at the maturity date depends on the market trend of EURO STOXX 50® stock index.
  • The 100% return of the nominal value of the Premium Bond at its maturity depends on the market rate trend of EURO STOXX 50® stock index.
  • 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 yield: 2.8% p.a.
  • Barrier for nominal value payout: 45% of the fixed initial value (see Note) of the  EURO STOXX 50® stock index
  • Initial value fixing date: 20 December 2017
  • Monitoring: from  21 December 2017 until 28 November 2022 (including values during  the day)
  • Maturity date: 7 December  2022
  • Issue price: 100%
  • Selling price: according to the current Exchange Rate List of Česká spořitelna
  • Product risk weight: 4 (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)
  • Price for the provision of early redemption: 2% of the transaction volume
  • Liquidity: daily according to the Exchange Rate List of Česká spořitelna
  • Selling start date: 4 December 2017
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    Note:  The initial value will be calculated by EURO STOXX 50® stock index provider based on the closing prices of the underlying assets at relevant stock exchanges on 20 December 2017.

Description

Are you looking for an interesting investment opportunity with high fixed yield? Do you trust the force of European economy and expect its stable development? Then the five-year Premium Bond 2.8% EURO STOXX 50® Deep Barrier 3 which pays out annual yield of 2.8% and the payout of its nominal value is derived from the market trend of the main European EURO STOXX 50® stock index is designed right for you.

Prémiový dluhový cenný papír 2,8% EURO STOXX 50® Deep Barrier 3 offers an attractive fixed yield of 2.8% per annum.

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

Payment notes

How does the Prémiový dluhový cenný papír 2,8% EURO STOXX 50® Deep Barrier 3 work?

  • The return of the nominal value of the Premium Bond at its maturity date is based on the market trend of the main European EURO STOXX 50® stock index.
  • The initial value (see Note) of EURO STOXX 50® stock index shall be fixed on 20 December 2017.
  • The trend of the EURO STOXX 50® index shall be observed from 21 December 2017 until 28 November 2022 (including the values during the day).
  • The yield of 2.8% p.a. of the nominal value of the Premium Bond is being paid out annually and is paid always which means regardless of the trend of the underlying asset of the EURO STOXX 50® stock 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 EURO STOXX 50® stock index.
  • The barrier level is set at 45% of the fixed initial value (see Note) of the EURO STOXX 50® stock index, and even touching the barrier is considered breaking it.
  • The distance of 55% between the initial value and low set barrier creates a “safety cushion” for a possible fall of the EURO STOXX 50® stock index.
  • If during monitoring the value of EURO STOXX 50® stock index (including values during the day) does not fall to or below the barrier of 45% of its initial value (see Note), the nominal value of the Premium Bond shall be paid out at the maturity date.
  • If during monitoring the value of EURO STOXX 50® stock index (including values during the day) falls to or below the barrier of 45% of its initial value (see Note), the nominal value of the Premium Bond reduced by the total percentage loss of the EURO STOXX 50® stock index against the initial value shall be paid out at the maturity date.
  • If during monitoring the value of EURO STOXX 50® stock index (including values during the day) falls to or below the barrier of 45% of its initial value (see Note) but at the last monitoring date shall be above its initial value, 100% of the nominal value of the Premium Bond shall be paid out at the maturity date.
  • For further information – see the leaflet to download

What situations may arise at the maturity – see the leaflet

Settlement

  • The Premium Bond maturity date is 7 December 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

  • The minimum purchased quantity: 1 piece
  • The Premium Bond can be sold even prior to the maturity date for the price in the  Česká spořitelna Exchange Rate List which you will find here at the Investment Centre/Exchange Rate Lists
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    Note:  The initial value will be calculated by EURO STOXX 50® stock index provider based on the closing prices of the underlying assets at relevant stock exchanges on 20 December 2017.

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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