Look for:

Our offer for

Prémiový dluhový cenný papír 16 % EURO STOXX 50®


ISIN:
AT0000A20E29

Date: 2019/12/09 00:00:00
Bid Ask
105.08 -
Difference 0.08% (0.08)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon0.000%
Coupon stylefloating
Coupon payment date2022/05/18
Coupon payment periodat maturity
Yield to maturity p.a. (before capital gains tax)-
Value date2018/04/09
Maturity2022/05/18
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest0.00
Investor tolerance5 (scale 1-7)
Last trading day2022/05/10

PDF Downloads

CZ FlyerPDF Download
CZ ReportPDF Download
Key Information DocumentPDF Download

Scale: ABS REL         Instrument

Add Benchmark:



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 16% EURO STOXX 50®?

  • Possibility to get an interesting fixed yield of 16% paid out at the maturity date depending on the trend of the underlying asset. 
  • Attractive 55% barrier level of the initial value (see Note) of the EURO STOXX 50® stock index.
  • The Premium Bond is issued in Czech crowns, the investor does not bear the currency risk.
  • EURO STOXX 50® is a widely diversified index representing high-quality European companies.

--------------------------------------
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 27April 2018.

  • The Premium Bond does not guarantee a return on the invested amount and the  investor could lose the whole investment or part of it.
  • The return of 100% of the Premium Bond nominal value at the maturity date and payout of the yield depends on the market 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
  • Yield: 16% in absolute terms, at the maturity date
  • Brokerage fee for buy/sell instruction: free of charge
  • Date of issue: 9 April 2018
  • Date of fixing the initial value: 27 April 2018
  • Date of fixing the closing value: 29 April 2022
  • Monitoring: daily, from 30 April 2018 until 29 April 2022 (including values during  the day)
  • Maturity date: 18 May 2022
  • Barrier for the Premium Bond  nominal value payout at its maturity date: 55% of EURO STOXX 50® index initial value
  • Distributor´s costs valid at the issue date: approximately 0.40% p. a., you can find the exact definition in the Agreement for Purchase of PDCP 16% EURO STOXX 50®
  • Issuer´s costs: you can find the exact definition in the Notification of Key information
  • Selling price: according to the current Exchange Rate List of Česká spořitelna
  • Liquidity: depending on market conditions
  • Price for the provision of early redemption: 2% of the transaction volume

Description

Are you looking for an interesting investment opportunity with a high fixed yield? Do you trust the force of European economy and expect its stable development? Then the four-year Prémiový dluhový cenný papír 16% EURO STOXX 50® is designed right for you. The payout of its nominal value and yield for its duration is derived from the market trend of the main European EURO STOXX 50® stock index.

The Prémiový dluhový cenný papír 16% EURO STOXX 50® offers the option to obtain an attractive yield of 16% for its duration even in case of certain decrease in the European stock markets.

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 16 % EURO STOXX 50® work?

  • The return of the nominal value of the Premium Bond and the payout of 16% yield in absolute terms 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 27 April 2018.
  • The trend of the EURO STOXX 50® index shall be observed from 30 April 2018 until 29 April 2022 (including the values during the day).
  • The barrier level is set at 55% 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 45% 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 55% of its initial value (see Note), the nominal value of the Premium Bond and the total yield of 16% 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 55% of its initial value (see Note) and at the last monitoring date shall be below its initial value, the nominal value of the Premium Bond reduced by the total percentage loss of the EURO STOXX 50® stock index shall be paid out (closing value against initial value) and the yield of 16% shall not be paid out.
  • If during monitoring the value of EURO STOXX 50® stock index (including values during the day) falls to or below the barrier of 55% of its initial value (see Note) but at the last monitoring date shall be above its initial value, the nominal value of the Premium Bond increased by the total percentage profit of the EURO STOXX 50® stock index (closing value against initial value) shall be paid out at the maturity date. However, the yield can never exceed 16%.

Settlement

  • The maturity date of the Premium Bond is 18 May 2022
  • Česká spořitelna pays out the yield and the 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 shown in the Česká spořitelna Exchange Rate List which you will find here at the Investment Centre/Exchange Rate Lists

--------------------------------------
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 27April 2018.


Underlying

EURO STOXX 50
EU0009658145

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. Each quarter the  composition is checked or adjusted if required as is the weight of the individual shares in the index. Among most prominent companies belong for example Total, Sanoi, Bayer, Siemens, Anheuser-Busch InBev, SAP, Unilever, Allianz, Deutsche Telekom or 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.




Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer