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Prémiový dluhový cenný papír 3,3 % EURO STOXX 50® Deep Barrier 7


ISIN:
XS1853064530

Date: 2019/12/11 00:00:00
Bid Ask
98.63 -
Difference -0.14% (-0.14)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueLU
Current coupon3.300%
Coupon stylefix
Coupon payment date2019/11/16
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)-
Value date2018/11/16
Maturity2023/11/16
Repayment value0.00
CurrencyCZK
Nominal value10,000
Capital gains tax-
Accrued Interest27.50
Investor tolerance4 (scale 1-7)
Last trading day2023/11/08

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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 3.3% EURO STOXX 50® Deep Barrier 7?

  • Interesting fixed yield of 3.3% 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.
  • 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
    .

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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 9 November 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 100% return of the nominal value of the Premium Bond at the maturity date depends on the market rate trend of EURO STOXX 50® index.
  • The Premium Bond Holder bears the issuer´s credit risk.
  • If you use the portfolio method of investment advice ask your banker or investment specialist to assess whether this product should become part of your investment portfolio.
  • The product is subject to English law.
  • 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: SG Issuer (S&P's A)
  • Guarantor: Société Générale SA (S&P's A / Moody's A2 / Fitch A+)
  • Underlying asset:  EURO STOXX 50® stock index
  • Subscription period: 8 October (9.00) – 9 November 2018 (16.00)
  • Price at subscription: 100%, free of charge
  • Issue date: 16 November 2018
  • Initial value fixing date: 9 November 2018
  • Observation period: from 12 November until 9 November 2023, daily closing prices
  • Maturity date: 16 November 2023
  • Fixed yield: 3.3% p.a., ., paid out regardless on the trend of the underlying asset, every year at 16 November, with the convention of the following working day
  • Barrier for the nominal value payout: 45% of the fixed initial value (see Note) of the EURO STOXX 50® index
  • Product risk weight: 4 (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, assuming that you will keep the product until its maturity date. The real risk may significantly differ in case you sell the product prematurely).
  • Price for the provision of early redemption: 2% of the transaction volume
  • Distributor´s costs valid at the issue date: about 0,576% p.a., you will find the precise expression in the Instruction for Subscription of PDCP 3.3% EURO STOXX 50® Deep Barrier 7
  • Issuer´s costs valid at the issue date: you will find the precise expression in the Notification of Key Information

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? If you rank among more experienced investors then you might be interested in investing in five-year Prémiový dluhový cenný papír 3.3% EURO STOXX 50® Deep Barrier 7, which pays out annual yield of 3.3% and the payout of its nominal value is derived from the market rate trend of the leading European EURO STOXX 50® stock index.

Prémiový dluhový cenný papír 3.3% EURO STOXX 50® Deep Barrier 7 offers an attractive fixed yield of 3.3% 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.

Payment notes

How does the Prémiový dluhový cenný papír 3.3% EURO STOXX 50® Deep Barrier 7 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 the EURO STOXX 50® index shall be fixed on 9 November 2018.
  • The daily closing price of the EURO STOXX 50® index in relation to the barrier shall be observed daily from 12 November 2018 to 9 November 2023 (Observation Period). 
  • The yield of 3.3% 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 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 Observation Period the value of the 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 the Observation Period 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 date of the Observation Period 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 (9 November 2018) until the last observation date (9 November 2023) shall be paid out at the maturity date).
  • If during the Observation Period 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 date of the Observation Period 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 16 November 2023
  • Česká spořitelna pays out the yield and the nominal value
  • price for arranging the repurchase: 2% of the trade volume
  • It takes three working days to settle the buying and selling of the Premium Bond

Secondary market

  • Minimum purchased quantity: 1 piece
  • Liquidity: daily according to the Exchange Rate List of Česká spořitelna
  • Price at subscription: 100%, free of charge
  • 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

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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 9 November 2018.


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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