An interesting yield potential of up to 30% in five years with a minimum 100% return on the nominal value (see Note) of the PD MULTI 13 at its maturity date.

The global “multi asset” investment strategy uses a broad spectrum of underlying assets ranging from bonds, shares to commodities and applies a flexible approach to the management of the market risks taken and the yield potential. This complex investment method is used for the PD MULTI 13, whose yield depends on the trend of Global Multi Asset Strategy EUR index.

• Issuer: SG Issuer
• Guarantor : Société Générale SA (S&P's A / Moody's A1 / Fitch A+)
• Underlying: Global Multi Asset Strategy EUR Index
• Subscription period: 08/06/2020 (9.00)–24/06/2020 (16.00)

Please, find more information in the leaflet.

How does the Prémiový dluhopis MULTI 13 work?

• The yield of the five-year PD MULTI 13 depends on the trend of global Global Multi Asset Strategy EUR.
• The initial value of the underlying asset shall be determined on 24 June 2020.
• The underlying asset is observed annually. Each year its value is recorded on the observation day.
• The average value of the underlying asset is calculated from these 5 values acquired during observation. This is then compared to its initial value.
• The total amount of the payout at maturity is calculated: 100% of the nominal value of the PD MULTI 13 + participation 100% x (average value of 5 observations of the underlying asset/initial value – 1).
• Even with a greater fall in the underlying asset at least 100% of the PD MULTI 13 nominal value (see Note) is always paid out at maturity thanks to the guarantee.
• For the duration of the PD MULTI 13 its price may fall even below 100% of its nominal value with regard to the trend in the underlying asset and market conditions.
• The maximum amount of the premium is fixed at 30% of the Premium Bond nominal value for the duration of the PD MULTI 13, i.e. for 5 years.
• Regular annual observation and averaging of the acquired index values partly protect the investor from any sharp fall of the prices of the observed underlying asset just before maturity. The total yield does not depend only on the closing value of the observed underlying asset, but on the continuous value of the underlying asset throughout the duration of the PD MULTI 13. However regular observation can also reduce the resulting yield (if for example there is a rise in the underlying asset just before maturity).

You will find examples of scenarios at maturity in the leaflet

• Maturity of the Premium Bond is 1 July 2025
• Česká spořitelna pays out the yield and the nominal value
• Liquidity: daily according to current market prices in the Exchange Rate List of Česká spořitelna, a.s.
• It takes three working days to settle the buying and selling of the Premium Bond