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Prémiový dluhový cenný papír ROBOTICS AUTOCALL


ISIN:
XS1718789859

Date: 2019/11/14 00:00:00
Bid Ask
112.10 -
Difference 0.18% (0.20)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typecorporate
Country of issueLU
Current coupon0.000%
Coupon stylevariable
Coupon payment date2020/02/27
Coupon payment periodat maturity
Yield to maturity p.a. (before capital gains tax)-
Value date2018/02/27
Maturity2020/02/27
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest0.00
Investor tolerance6 (scale 1-7)
Last trading day2020/02/19

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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 ROBOTICS AUTOCALL offer?

  • Possibility to obtain an attractive yield of up to 16% in 2 years.
  • The Premium Bond can be automatically repaid early together with payout of an interesting yield of 4% (see Note) already after the first half a year or at any of the following half-year monitoring. The resulting yield is then 4% (see Note) for every half a year which elapsed since the issue date.
  • Interesting barrier of 55% of the initial value of the individual underlying shares for payout of the nominal value of the Premium Bond at its maturity date.
  • Barrier for automatic early repayment decreasing over in time: 100% (after half a year), 90% (after a year) and 80% (after a year and a half).
  • The Premium Bond is issued in Czech crowns, the investor does not bear the currency risk.
  • Electronic version of the prospectus is published on the Issuer´s website: http://prospectus.socgen.com/
  • Electronic version of the Notification of Key Information is Published on the website: https://regulatory.sgmarkets.com/priips/kid
    --------------------------------------------------------------Note 1: Any potential yields from the Premium Bond are paid out in a lump sum at its early or regular maturity date, the consolidated interest is not claimed.
    Note 2: Risk weight of the product is 6 (on a scale of 1 to 7 from the potentially lower risk and yield of 1 to the potentially higher risk and yield of 7).
    Note 3: The initial prices of underlying shares were fixed on 20 February 2018 at following values: MICROCHIP TECHNOLOGY INC 84,86 USD, ABB LTD 23,74 CHF, MITSUBISHI ELECTRIC CORP 1829,5 JPY, FANUC CORP 27465 JPY.
  • 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 holder of the Premium Bond bears the issuer´s credit risk.
  • The total yield is paid out in a single sum for the real duration of the Premium Bond at the maturity date or at the date of its automatic early repayment.
  • If at the date of fixing the closing value of shares the price of at least one of the underlying shares falls below the 55% barrier of its initial value, no yield shall be paid out at the maturity date and the Premium Bond holder will lose more than 45% of the invested money.
  • The Premium Bond holder is not entitled to a dividend payout from underlying shares.
  • 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: SG Issuer (S&P's A)
  • Guarantor: Société Générale SA (S&P's A / Moody's A2 / Fitch A+)
  • Underlying assets: ABB LTD, MITSUBISHI ELECTRIC CORP, FANUC CORP and MICROCHIP TECHNOLOGY INC
  • Subscription period: 29 January 2018 (9.00) – 20 February 2018 (16.00)
  • Price at subscription: 100%, free of charge
  • Date of fixing the initial value of shares: 20 February 2018
  • Date of fixing the closing value of shares: 20 February 2020
  • Dates of possible automatic early repayment: 27 August 2018, 27 February 2019, 27 August 2019
  • Dates of monitoring: see the leaflet
  • Barrier for payout of the nominal value at its maturity date: 55% of the fixed initial value of each individual underlying share
  • Distributor´s costs valid at the issue date: about 0.5% p.a., you will find the precise expression in PDCP ROBOTICS AUTOCALL Purchase Agreement
  • Issuer´s costs valid at the issue date: about 0.2% p.a., you will find the precise expression in the Notification of Key Information
  • Price for the provision of early redemption: 2% of the transaction volume
  • Risk-weight of the product is 6 (see Note 2).

Description

Are you looking for an interesting investment opportunity in most reputable global companies focusing on robotics and automation sector? If you rank among more experienced investors, then the Prémiový dluhový cenný papír ROBOTICS AUTOCALL is designed for you.
The Prémiový dluhový cenný papír ROBOTICS AUTOCALL with the option of automatic early repayment provides opportunity to gain an attractive half-year yield of 4% (see Note).

The two-year ROBOTICS AUTOCALL Premium Bond offers the option of obtaining an attractive half-year fixed yield of 4% (see Note). Then the total yield can reach up to 16% in the two-year duration of the Premium Bond. The payout of the yield and the payout of its nominal value are based on the trend of the shares of four major companies whose products and production is closely connected with robotics and automation of processes and production in various sectors: ABB, MITSUBISHI ELECTRIC, FANUC and MICROCHIP TECHNOLOGY.
The increase of the effectiveness and quality using new technologies, through intelligent automation of production while utilising so-called “artificial intelligence”, rise of productivity using robotic self-service systems or collaborative robots (so-called “cobots”) is all becoming increasingly important in recent years.
In addition, the Prémiový dluhový cenný papír ROBOTICS AUTOCALL allows its early repayment in case of stagnation or price growth of the underlying assets as soon as after the first half a year of its duration and then subsequently every half a year of its duration until its maturity date.
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Note 1: Any potential yields from the Premium Bond are paid out in a lump sum at its early or regular maturity date, the consolidated interest is not claimed.
Note 2: Risk weight of the product is 6 (on a scale of 1 to 7 from the potentially lower risk and yield of 1 to the potentially higher risk and yield of 7).
Note 3: The initial prices of underlying shares were fixed on 20 February 2018 at following values: MICROCHIP TECHNOLOGY INC 84,86 USD, ABB LTD 23,74 CHF, MITSUBISHI ELECTRIC CORP 1829,5 JPY, FANUC CORP 27465 JPY.

Payment notes

  • How does the Prémiový dluhový cenný papír ROBOTICS AUTOCALL work?
  • The payout of the yield and nominal value of the Premium Bond depends on the trend of shares of companies such as ABB, MITSUBISHI ELECTRIC, FANUC and MICROCHIP TECHNOLOGY.
  • For its duration the Premium Bond can be automatically paid out early every half a year, if the value of each individual underlying share at the monitoring date will be equal or higher than the comparative value of the underlying share at the relevant monitoring date. 
  • If the automatic early repayment condition is not met, the Premium Bond continues to the next possible repayment date.
  • If the Premium Bond is automatically repaid early, the investor shall receive its nominal value and a yield of 4% (see Note) for every half a year which elapsed since the issue date.
    You will find an example in the leaflet.
  • If the automatic early repayment is not made and at the date of fixing the closing value of individual underlying shares the price of any of the shares does not fall below the barrier of 55% of their initial value, the nominal value of the Premium Bond and the total yield of 16% (equivalent of four half a year yields of 4% (see Note)) shall be paid out at the maturity date.
  • If there is not an automatic early repayment made and at the date of fixing the closing value of the individual underlying shares the price of at least one of the underlying shares falls below the barrier of 55% of its initial value, then at the maturity date the payout of the nominal value of the Premium Bond shall be reduced by the loss of the worst of the four shares since the date of fixing its initial value until the date of fixing its closing value. The investor shall lose more than 45% of his investment and no yield shall be paid out to him. 
    You will find an example in the leaflet.

Settlement

  • The maturity date shall be 27 February 2020
  • Liquidity: daily according to Česká spořitelna Exchange Rate List 

Secondary market

  • minimum purchased amount: 1 piece
  • price at subscription: 100%, free of charge
  • currency: Czech crown (CZK)
    --------------------------------------
    Note 1: Any potential yields from the Premium Bond are paid out in a lump sum at its early or regular maturity date, the consolidated interest is not claimed.
    Note 2: Risk weight of the product is 6 (on a scale of 1 to 7 from the potentially lower risk and yield of 1 to the potentially higher risk and yield of 7).
    Note 3: The initial prices of underlying shares were fixed on 20 February 2018 at following values: MICROCHIP TECHNOLOGY INC 84,86 USD, ABB LTD 23,74 CHF, MITSUBISHI ELECTRIC CORP 1829,5 JPY, FANUC CORP 27465 JPY.

Underlying

ABB LTD
CH0012221716

ABB (ASEA Brown Boveri) is a multinational engineering company, founded in 1988, with its headquarters in the Swiss city of Zurich. ABB serves global clients with their power and automation products.

MITSUBISHI ELECTRIC CORP NPV
JP3902400005
Mitsubishi Electric Corporation is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi.
Mitsubishi Electric manufactures electric and architectural equipment, and is a major worldwide producer of photovoltaic panels
FANUC CORP
JP3802400006
FANUC is a group of companies, principally FANUC Corporation of Japan, Fanuc America Corporation of Rochester Hills, Michigan, USA, and FANUC Europe Corporation S.A. of Luxembourg, that provide automation products and services such as robotics and computer numerical control systems. FANUC is one of the largest makers of industrial robots in the world. FANUC had its beginnings as part of Fujitsu developing early numerical control (NC) and servo systems.
MICROCHIP TECHNOLOGY INC.
US5950171042
Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality.

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