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 you might be interested in investing in five-year Prémiový dluhový cenný papír 3.6% EURO STOXX 50® Deep Barrier 10, which pays out annual yield of 3.6 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 3.6% EURO STOXX 50® Deep Barrier 10 with the option of automatic early repayment provides the possibility to gain an interesting fixed yield amounting to 3.6% p.a. 

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.

How does the Prémiový dluhový cenný papír 3.6% EURO STOXX 50® Deep Barrier 10 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 21 March 2019.
• The EURO STOXX 50® index trend shall be observed from 22 March 2019 to 21 March 2024 (daily closing price).
• The yield of 3.6% 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 49% of the fixed initial value (see Note) of the EURO STOXX 50® index, touching the barrier is not considered breaking it.
• Automatic early repayment for the duration of the Premium Bond may arise once a year if the value of the underlying index at the relevant date of observation equals or is above the current valid barrier for early repayment.
• If the condition for automatic early repayment is not met, the investor shall receive a yield of 3.6% of its nominal value and the Premium Bond continues to the next date of possible early repayment.
• If the Premium Bond is repaid early, the investor shall receive 100% of it s nominal value and a yield of 3.6% p.a. of its nominal value. 
  See the example in the leaflet
• If there is no automatic early repayment and during observation the value of EURO STOXX 50® index (daily closing price) never falls below the barrier of 49% of its fixed initial value (see Note), 100% of the Premium Bond nominal value shall be paid out at the maturity date in which case the fixed yield of 3.6% of its nominal value is paid out annually.
• If there is no automatic early repayment and during observation the value of EURO STOXX 50® index (daily closing price) falls below the barrier of 49% of its fixed initial value (see Note) however at the last observation date it increases to or is above of 85% of its fixed initial value (see Note) then 100% of the Premium Bond nominal value shall be paid out at the maturity date in which case the fixed yield of 3.6% p.a. of its nominal value shall be paid annually.
  See the example in the leaflet
• If there is no automatic early repayment and during the observation the value of the EURO STOXX 50® stock index falls (daily closing price) below the barrier of 49% of its fixed initial value (see Note) and is below 85% of its fixed initial value on the last observation day (see Note), then at the maturity date the nominal value of the Premium Bond is paid out decreased by the total percentage loss of the EURO STOXX 50® stock index as of the date of fixing the initial value (21 March 2019)&

• The Premium Bond maturity date is 28 March 2024
• 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

• Minimum purchased quantity: 1 piece
• 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 21 March 2019.
Note 2: Product risk weight: 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.