|Date: 2022/12/05 00:00:00|
|Type of bond||Erste Group bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon payment date||2023/10/21|
|Coupon payment period||annually|
|Investor tolerance||2 (scale 1-7)|
|Last trading day||2029/10/14|
|Advantages||Details you should be aware of|
Why buy a senior ERSTE Inflation Linked Bond 22-29?
The senior ERSTE Inflation Linked Bond 22-29 makes it possible to gain an annual variable yield equal to the year-on-year inflation rate of the Eurozone (measured by the Euro area HCPI ex Tobacco index), whereas the minimum yield amount is fixed at 1% p.a.
At a time when a rising or just slightly falling inflation rate of the Eurozone is expected, the senior ERSTE Inflation Linked Bond 22-29 could be the optimum option.
Erste Group Bank AG – quality, transparency and tradition of a reputable issuer of investment products.
Erste Group Bank AG is a strong bank group operating in Central and Eastern Europe. It offers financial and advisory services to retail and corporate clients through a network of more than 2,000 branches in seven countries (Austria, Czech Republic, Slovakia, Hungary, Romania, Serbia and Croatia). It is a strong and reliable partner for individual clients, small and medium companies, as well as large multinational corporations. It actively cooperates with the public sector, non-profit organisations and companies providing services with a social overlap. It is a leader in the introduction of digital technologies on the domestic market in Austria and in other countries within the group.
Note 2: The risk weight is on a scale of accrued values from 1 to 7, where value 1 represents the potentially lowest risk and yield, and value 7 the potentially highest risk and yield, provided that you keep the senior ERSTE Inflation Linked Bond 22-29 up to the maturity date. The actual risk may differ substantially if you sell early. The risk-weighted product is a guide for comparing the risk rate of this product, compared with other products. It shows how likely it is that you will lose money as a consequence of market fluctuations or that the issuer will not be able to meet its commitments.
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