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Prémiový dluhopis EURCZK 6


ISIN:
XS2558280967

Date: 2024/06/21 00:00:00
Bid Ask
95.39 -
Difference 0.00% (0.00)

General attributes

Type of bondStructured bonds and notes
Bond stylesenior
Issuer typefinancial institution
Country of issueLU
Current coupon-
Coupon stylefloating
Coupon payment date2026/03/30
Coupon payment periodat maturity
Value date2023/03/30
Maturity2026/03/30
Repayment value100.00
CurrencyCZK
Nominal value10,000
Accrued Interest-
Yield to maturity p.a. (before capital gains tax)-
Investor tolerance2 (scale 1-7)
Last trading day2026/03/23

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Scale: ABS REL         Instrument

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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 Prémiový dluhopis EURCZK 6

  • Are you expecting a slight strengthening of the Czech crown against the Euro. 
  • You can obtain an interesting total yield of up to 27% in 3 years, if at the date of final observation the exchange rate of the Czech crown against the Euro equals or is below 100% of its initial value, i.e. the crown strengthens or remains at the same level. 
  • If the Czech crown weakens slightly against the Euro and the observed exchange rate of the Czech crown against the Euro rises at the final observation date by a maximum of 4.00% of its initial value, the investor will be paid out a yield of 9%. If the Czech crowns weakens more significantly against the Euro (by more than 4%) no yield is paid out.
  • The return on Prémiový dluhopis EURCZK 6 at its maturity date is at least 100% of its nominal value (see Note).
  • Prémiový dluhopis is issued in Czech crowns, the investor does not bear the currency risk.
  • You can sell the prémiový dluhopis (premium bond) at any time even before the maturity date for the market price, nevertheless in such a case the 100% return of its nominal value is not guaranteed (see Note) and the investor may realise a loss.

  • Electronic version of the Basic Prospectus is published on the issuer´s website  http://prospectus.socgen.com/,  or at  www.investicnicentrum.cz/prospekty. 
  • Electronic version of the Notification of Key Information is published on the website https://regulatory.sgmarkets.com//priips/kid or you can find it on the investment portal www.investicnicentrum.cz. 
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:
  • have sufficient knowledge and/or experience regarding bonds.
  • seek investment profit
  • are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes.
  • In the event of an unfavorable development of the investment, they are able to bear the possible loss, which is ilustrated by performance scenarios, see Key Information Document (KID).
  • are interested in holding the product until the maturity specified in General attributes.
This product is not intended for investors (negative product target market) who are unable to bear the possible loss of invested funds in the event of an unfavorable development of the investment.
The client's compatibility with the product's target market will be evaluated during the purchase process.
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  • The holder of Prémiový dluhopis EURCZK 6 bears the credit risk of the issuer and guarantor. 
  • Prémiový dluhopis EURCZK 6 provides full capital protection only at the maturity date.
  • Be aware of the risk of inflation. Investors should be aware that the fair value of the investment, including any real yield may fall with regard to how the inflation reduces its value. 
     
    You will find more information in the leaflet.
  • Description

    Prémiový dluhopis EURCZK 6 allows you to make a profit on the strengthening and slight weakening of the Czech crown against the Euro with a return of minimum of 100% of its nominal value (see Note). It can reach up to a 27% total yield in its three-year duration. 

    • Guarantor: Société Générale (S&P's A / Moody's A1 / Fitch A)
    • Underlying asset: the EUR/CZK exchange rate according to the Bloomberg fixing at 3:00 pm London time (i.e. at 4:00 pm CET)
    • Subscription period: 20 February 2023 (9:00) – 23 March 2023 (23:59)

    You will find more information in the leaflet.

    Payment notes

    How Prémiový dluhopis EURCZK 6 works
    • The yield of the three-year Prémiový dluhopis EURCZK 6 depends on the development of the EUR/CZK exchange rate.
    • The initial value of the EUR/CZK exchange rate is set on 23 March 2023 as Bloomberg fixing at 3:00 pm London time (i.e. at 4:00 pm CET).
    • The final value of the EUR/CZK exchange rate is set on 23 March 2026 as Bloomberg fixing at 3:00 pm London time (i.e. at 4:00 CET).
    • If the Czech crown strengthens against the Euro or remains at the same level at the final observation date then 100% of the nominal value of Prémiový dluhopis EURCZK 6 and a yield of 27% will be paid out at the maturity date. 
    • If the Czech crown weakens against the Euro by a maximum 4.00% of its initial value at the final observation date then 100% of the nominal value of Prémiový dluhopis EURCZK 6 and a yield of 9% will be paid out at the maturity date. 
    • If the Czech crown weakens against the Euro by more than 4% of its initial value at the final observation date then 100% of the nominal value of Prémiový dluhopis EURCZK 6 and a zero yield will be paid out at the maturity date. 

    Settlement

    • The maturity shall be on 30 March 2026

    Secondary market

    • Minimum purchased amount: 1 piece
    • Price at subscription: 100%, no fee
    • Liquidity: daily according to current market prices, indication in the Česká spořitelna, a.s. Exchange Rate List
    • Prémiový dluhopis (Premium Bond) can be sold even before the maturity date for the price of the Česká spořitelna Exchange Rate List which you will find here at the Investment Centre/exchange rate lists 
    • Price for early redemption: according to the current Price List (balance at the bond issue date: 2% of the transaction volume)
    -------------------------------------------------
    Note: The holder of Prémiový dluhopis EURCZK 6bears the credit risk of the issuer and guarantor.

    Note 2: The risk weight is on a scale from 1 to 7 from a potentially lower risk and yield of 1 to a potentially higher risk and yield of 7, provided that you keep the product until the maturity date. The actual risk may differ substantially if you sell prematurely. 

    Note 3: You will find the accurate expression of product costs in the Prémiový dluhopis EURCZK 6 Subscription Order. 


    Underlying

    EURO / CZECH KORUNA (EUR/CZK)
    EU0006169831
    -

    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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