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Prémiový dluhový cenný papír PROFIT 18


ISIN:
XS1707237241

Date: 2019/12/13 00:00:00
Bid Ask
98.96 99.96
Difference 0.13% (0.13)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueNL
Current coupon0.000%
Coupon stylevariable
Coupon payment date2021/03/22
Coupon payment periodat maturity
Yield to maturity p.a. (before capital gains tax)-
Value date2018/02/09
Maturity2021/03/22
Repayment value97.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest0.00
Investor tolerance2 (scale 1-7)
Last trading day2021/03/12

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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

What does the Prémiový dluhový cenný papír PROFIT 18 offer?

  • An interesting yield potential of up to 15% for its duration.
  • 100% participation in the regularly observed trend of the underlying asset – STOXX® Global ESG Leaders Select 50 EUR index.
  • The regular observation and fixing of attained yields. The resulting yield is calculated as 100% participation of the average quarterly fixed values of the monitored underlying asset.
  • Even with a greater fall in the underlying asset, thanks to the guarantee a minimum of 97% of the nominal value (see Note) of the Premium Bond is always paid out at the maturity date.
  • Immediate access to funds. You can sell the Premium Bond at any time prior to the maturity date through Česká spořitelna for a market price quoted in the Česká spořitelna Exchange Rate List provided that standard market conditions are observed. However, in such case the price may fluctuate even below 97% of its initial value, the guarantee relates to payout at maturity.

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Note: Payment of the guaranteed amount depends on the ability of the guarantor to meet its obligations under the guarantee.
Note 2: 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. The product risk-weight is a guide for the comparison of the rate of risk in comparison with others. It shows how likely it is that you can lose money as a consequence of movements on the markets, or because the issuer will be unable to pay out the money.

  • For the premium bond the entire amount invested is not guaranteed. It guarantees a return of 97% of its nominal value to the maturity date.
  • The guarantee does not apply to situations where the issuer or guarantor fails or if you sell the premium bond before its maturity date.
  • 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.
  • Issuer: BNP Paribas Issuance B.V.
  • Electronic version of the prospect is published on the Issuer´s website: www.bnpparibas.com
  • Key Information Document you can download from the Issuer´s website: www.bnpparibas.com
  • Underlying asset:  STOXX® Global ESG Leaders Select 50 EUR (for more information at: www.stoxx.com)
  • Guarantee: 97% on the nominal value of the PCDP (see Note) at the maturity date
  • Participation: 100% in the regularly observed trend of the underlying asset
  • Maximum payout:  115% of the PDCP nominal value
  • Formula for calculation of the value at maturity: 100% nominal value of the Premium bond + participation 100% × (average value based on 12 observations of the underlying assets /initial value – 1), minimum 97%, maximum 115 %
  • Nominal value: CZK 10,000
  • Minimum investment: 1 piece
  • Currency: Czech crown (CZK)
  • Fixing the initial value of the underlying asset: 8 March 2018
  • Observation: quarterly, always at 8 June, 8 September, 8 December, 8 March with convention of the next working day
  • Last observation: 8 March 2021
  • Distributor’s costs valid at the issue date: approximately 0.5 % p.a, you can find the exact wording in the Agreement for Purchase of PDCP PROFIT 18
  • Issuer´s costs at the issue date: approximately 0.30% p.a., you can find the exact wording in the Notification of Key Information
  • Liquidity: daily according to the Česká spořitelna Exchange Rate List
  • Product risk-weight: 2 (see Note 2)

Description

An interesting yield potential of up to 15% in three years with a min. 97% return on the nominal value of the PDCP PROFIT 18 at its maturity.

Every rationally thinking person looks for ways of how to most effectively increase the value of his money. For many it is important to know beforehand what the trend of the investment might be, and most of all what is its yield potential and market risk taken. If these parameters are also important to you, then the Prémiový dluhový cenný papír PROFIT 18 is here for you. It is intended for clients who do not require regular payment of yields, but prefer a growth of their investments depending on the trend of the stock markets. In addition, they are willing to accept the volatility of these markets which can result in the final value of investments below the nominal level.

The yield of the free-year Prémiový dluhový cenný papír PROFIT 18 stems from the trend of highly reputable global companies which are marked above all by the low fluctuation in the value of their shares and a high dividend yield.

These are represented by the global STOXX® Global ESG Leaders Select 50 EUR share index which focuses on selection of companies which are aware of the impact of their business on ecology, social sphere and concentrate on management governance. The acronym ESG comes from the English terms Environmental, Social and Governance, which can be loosely translated as in accordance with the environment, socially aware and rationally governed. Shares of companies such as SWISSCOM (Switzerland), BCE Inc. (Canada), TELUS (Canada), SWISS REINSURANCE COMPANY (Switzerland), ZURICH INSURANCE GROUP (Switzerland), MUENCHENER RUECK (Germany), ALLIANZ (Germany) or FONCIERE DES REGIONS (France) and others were included in the index. Every quarter the structure of the index is reviewed and according to the current market trend the representation of individual companies and their weight in the index is optimised.

Payment notes

How does the Prémiový dluhový cenný papír PROFIT 18 work?

  • The yield of the three-year PDCP PROFIT 18 depends on the trend of STOXX® Global ESG Leaders Select 50 EUR share index.
  • On 8 March 2018 the initial value of the underlying asset shall be fixed.
  • The underlying asset is monitored quarterly. Every quarter the value of the underlying asset is fixed on the observation day.
  • The average value of the underlying asset shall be calculated from the sum total of these 12 values gained during observation. It is compared with its initial value.
  • During the lifetime of the Premium Bond even the negative value may also be included.
  • The total amount of payout at maturity is calculated: 100% of the nominal value of the Premium bond + 100% × participation (average value of 12 observations of the underlying asset / initial value - 1).
  • Even with a greater fall in the underlying asset, thanks to the guarantee a minimum of 97% of the nominal value (see Note) of the Premium Bond is always paid out.
  • During the PDCP lifetime its value may fall even below 97% of its nominal value with respect to the trend of the underlying asset and market conditions.
  • The maximum level of the premium is fixed at 15% of the nominal value of the Premium Bond for the duration of the PDCP PROFIT 18, i.e. in 3 years.
  • The regular observation and averaging of the obtained values partly protect the investor from any sharp fall in the prices of the monitored underlying asset just before the maturity date. The total yield does not only depend on the closing value of the observed underlying asset, but on the ongoing value of the underlying asset throughout the PDCP PROFIT 18 duration. However, regular observation may also decrease the final yield (for example, if there is an increase in the underlying asset just before maturity.)

    Examples of scenarios at the maturity date – see the leaflet

Settlement

  • The Premium Bond maturity date is 22 March 2021
  • Česká spořitelna pays out the yield and nominal value 
  • It takes 3 working days to settle the buying and selling of the Premium Bond

Secondary market

  • The minimum purchased quantity: 1 piece
  • Price for the provision of early redemption: 2% of the transaction volume
  • The Bond can be sold even prior to the maturity date for the price according to Česká spořitelna Exchange Rate List which you can find here at the Investment Centre/Exchange Rate Lists

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Note: Payment of the guaranteed amount depends on the ability of the guarantor to meet its obligations under the guarantee.
Note 2: 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. The product risk-weight is a guide for the comparison of the rate of risk in comparison with others. It shows how likely it is that you can lose money as a consequence of movements on the markets, or because the issuer will be unable to pay out the money.


Underlying

STOXX® Global ESG Leaders Select 50 EUR
CH0298407260

Globální akciový index STOXX® Global ESG Leaders Select 50 EUR se zaměřuje na výběr společností, které při svém podnikání vnímají dopad na ekologii, sociální sféru a zaměřují se na racionalizaci řízení. Zkratka ESG vychází z anglických pojmu Environmental, Social a Governance, které by se daly volně přeložit jako v souladu s životním prostředím, sociálně uvědomělé a racionálně řízené. Do indexu jsou např. zařazeny akcie společností SWISSCOM (Švýcarsko), BCE Inc. (Kanada), TELUS (Kanada), SWISS REINSURANCE COMPANY (Švýcarsko), ZURICH INSURANCE GROUP (Švýcarsko), MUENCHENER RUECK (Německo), ALLIANZ (Německo), nebo FONCIERE DES REGIONS (Francie) a další.
Více informací na: www.stoxx.com


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