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Prémiový dluhový cenný papír 2,8 % EURO STOXX 50® Deep Barrier 5


ISIN:
XS1845338554

Date: 2023/03/28 00:00:00
Bid Ask
91.13 -
Difference 0.09% (0.08)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueCH
Current coupon2.800%
Coupon stylefix
Coupon payment date2019/08/17
Coupon payment periodannually
Value date2018/08/17
Maturity2023/08/17
Repayment value0.00
CurrencyCZK
Nominal value10,000
Accrued Interest171.89
Investor tolerance1 (scale 1-7)
Last trading day2023/08/10

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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 5?
  • Interesting fixed yield of 2.8% p.a. paid out 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 the EURO STOXX 50® index provider based on the closing prices of the underlying assets at relevant stock exchanges on 10 August 2018.
  • The Premium Bond does not guarantee a return on the invested amount and the investor can lose the whole investment or part of it.
  • The Premium Bond Holder bears the issuer´s credit risk.
  • Barrier for nominal value payout: 45% of the fixed initial value (see Note) of the EURO STOXX 50® index
  • Issuer´s costs valid at the issue date: you will find the precise expression in the Key Information Document.
You will find more information in the leaflet.

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 Prémiový dluhový cenný papír 2,8% EURO STOXX 50® Deep Barrier 5 which pays out annual yield of 2.8% and the payout of its nominal value is derived from the market rate trend of the leading European EURO STOXX 50® stock index is designed right for you.

The Prémiový dluhový cenný papír 2.8% EURO STOXX 50® Deep Barrier 5 offers an attractive fixed yield of 2.8% per annum.

The EURO STOXX 50® index is the leading 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, Airbus, Allianz, Anheuser-Busch InBev, BASF, Bayer, BNP Paribas, Daimler, Sanofi, SAP, Siemens, Telefonica, Total or Unilever.

  • Issuer: Credit Suisse AG ( S&P's A / Moody's A1 / Fitch A) 
  • Underlying asset: EURO STOXX 50® stock index
  • Subscription period: 10 July 2018 (9.00) – 10 August 2018 (16.00)
You will find more information in the leaflet.

Payment notes

How does the Prémiový dluhový cenný papír 2.8% EURO STOXX 50® Deep Barrier 5 work?
  • The return of the nominal value of the Premium Bond at its maturity date is based on the market rate trend of the main European EURO STOXX 50® stock index.
  • The initial value (see Note) of EURO STOXX 50® index shall be fixed on 10 August  2018.
  • The trend of the EURO STOXX 50® index shall be observed from 11 August 2018 until 10 August 2023 (daily closing price).
  • 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® index, touching the barrier is not 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® index.
  • If during monitoring the value of EURO STOXX 50® index (daily closing price) does not fall bellow 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 the EURO STOXX 50® index (daily closing price) falls below the barrier of 45% of its initial value (see Note) and at the last monitoring date it will not return above 100% of its initial value, the nominal value of the Premium Bond reduced by the total percentage loss of the EURO STOXX 50® stock index from the date of setting the initial value (10 August 2018) until the last monitoring date (10 August 2023) shall be paid out at the maturity date.
  • If during monitoring the value of the EURO STOXX 50® index (daily closing price) falls 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.
What situations may arise at the maturity – see the leaflet 
 

Settlement

  • The Premium Bond maturity date is 17 August 2023
  • 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
  • Currency: Czech crown (CZK)
  • The nominal value of one Premium Bond is: CZK 10,000
  • Price at subscription: 100%, free of charge
  • Price for the provision of early redemption: 2% of the transaction volume
  • Liquidity: daily according to the Exchange Rate List of Česká spořitelna 
  • 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
  • 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.
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Note: The initial value will be calculated by the EURO STOXX 50® index provider based on the closing prices of the underlying assets at relevant stock exchanges on 10 August 2018.
Note 2: You will find the precise expression of the distributor´s costs in the Instruction for Subscription of PDCP 2,8% EURO STOXX 50® Deep Barrier 5.

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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