Date: 2023/03/31 11:05:00 | |
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Bid | Ask |
50.15 | - |
Difference | 5.12% (2.48) |
Type of bond | Structured bonds and notes |
Bond style | senior |
Issuer type | financial institution |
Country of issue | DE |
Current coupon | - |
Coupon style | variable |
Coupon payment date | 2024/02/02 |
Coupon payment period | at maturity |
Value date | 2021/02/02 |
Maturity | 2024/02/02 |
Repayment value | 0.00 |
Currency | CZK |
Nominal value | 10,000 |
Accrued Interest | - |
Investor tolerance | 6 (scale 1-7) |
Last trading day | 2024/01/26 |
Advantages | Details you should be aware of |
What does PDCP E-COMMERCE AUTOCALL offer?
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Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market!
The target market defines the set of investors (retail clients) for whom the investment product is intended.
This investment product is intended for investors who:
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PDCP E-COMMERCE AUTOCALL with the option of automatic early repayment provides the opportunity to gain an attractive annual yield of 8% (see Note). The total yield for its three-year duration can then reach up to 24%.
The payout of the yield and the nominal value of PDCP E-COMMERCE AUTOCALL is based on the price trend of shares of three important companies the activity of which focuses on the offer of goods and advertising on the internet – Amazon, Alibaba and eBay. In addition, the construction of PDCP E-COMMERCE AUTOCALL allows its early repayment and payout of an attractive yield in case of a slight decrease or stagnation of the underlying assets. The product may end already after the first year and subsequently each year for its duration until the maturity date.
Issuer: Goldman, Sachs & Co. Wertpapier GmbH
Guarantor: The Goldman Sachs Group, Inc. (S&P's BBB+ / Moody's A3 / Fitch A)
Underlying shares: Amazon.com, Inc., Alibaba Group Holding Limited and eBay Inc.
Subscription period: 5 January 2021 (9.00)–26 January 2021 (16.00)
For more information see the leaflet |
How does PDCP E-COMMERCE AUTOCALL work?
You will find more information and the examples in the leaflet |
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Note: PDCP E-COMMERCE AUTOCALL pays out potential yields in a lump sum at its early or regular maturity date, the consolidated interest is not claimed.
Note 2: Product risk weight is 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. The product risk weight is a guide for a comparison of the risk rate of this product compared with other products. It shows how likely it is that you can lose money as a consequence of movements on the markets, or because the issuer will be unable to pay the money.
Note 3: You will find the precise expression of product costs in the PDCP E-COMMERCE AUTOCALL Subscription Instruction |
EBAY INC US2786421030 | eBay Inc. operates the most well-known online auction website for more than 183 million users worldwide. The company was founded in 1995 by Pierre Omidyar, a computer science graduate. He introduced as one of the first the C2C (Customer To Customer) model to e-commerce, based on the interaction between two customers when one offers and the other can buy – the transaction can then take place only via the web application without the direct intervention of the application operator. Using eBay you can buy goods for a fixed price or organise a simple auction. The nature of the goods offered is highly diverse and involves ordinary and used items to rare or luxury goods. Although many similar projects have appeared (such as the Czech Aukro), eBay still maintains the position of global leader in this type of service. Its income comes from retail charges, publication of offers and advertising. The service is very popular particularly in Germany and Britain, and about 60% of sales take place outside the US. In 2019 the company’s income reached almost 11 billion USD. |
AMAZON COM INC US0231351067 | Amazon.com, Inc. is a global leader in e-commerce, also providing cloud and database solutions. This American company was founded in 1994 by Jeff Bezos, who since 2017 has been considered to be the richest man on the planet. The biggest online retailer in the world started his career selling books and later expanded his offer to music, film, electronics, clothing, food, furniture etc. The company also offers subscription services under the Amazon Prime Video brand and also its own media content. The company wants to target future investments at the development of technologies, fintech and the development of logistics. It employs more than 1.1 million people worldwide. In 2019 the company’s income amounted to more than 280 billion USD, its income for 2020 is estimated at being 100 billion USD higher. |
ALIBABA GROUP HOLDING LTD. SP. ADR US01609W1027 | This biggest Chinese company was founded in 1999 by former English language teacher Jack Ma. Within several years of its existence it ranked among 3 of the biggest companies operating in IT and e-commerce. It provides internet infrastructure services and an online financial service. The group also operates the AliPay mobile payment system, which is one of the biggest payment systems for e-commerce on the global market. The group has also been expanded by its AliExpress online retail service which connects the seller directly to the buyer and is currently the biggest Chinese e-shop. This online retailer offers a broad range of goods such as toys, clothing, footwear, jewellery, cosmetics, electronics, car components, household goods, etc. The company’s total income for the 2019/2020 fiscal year (at 31 March 2020) was ca 509 billion CYN, i.e. ca 43 billion USD. Alibaba employs more than 122,000 people |
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