ISIN: AT0000A1JWS5  

2020/10/26 00:00:00
Bid Ask
101.59 -
Minimum yield -
Difference 0.00%(0.00)
General attributes
Type of bond Structured bonds and notes
Bond style senior
Issuer type financial institution
Country of issue AT
Current coupon 0.000%
Coupon style variable
Coupon payment date 2021/03/22
Coupon payment period at maturity
Yield to maturity p.a. (before capital gains tax) -
Value date 2016/02/08
Maturity 2021/03/22
Repayment value 90
Currency CZK
Nominal value 10,000
Capital gains tax -
EU withholding tax Yes
Accrued Interest 0
since inception

Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of
- -

Attractive potential yield of up to 35% for five years with a minimum 90% return of the nominal value of PDCP PROFIT 2 at its maturity date.

Each rationally thinking person looks for ways of how to get the most effective return on his money. However that matter of how to evaluate and consider which investment solution is the best is not that simple. For many it is important to know beforehand what the trend of investment could be, and above all the yield potential, and the market risk involved. If these parameters are also important to you then the Prémiový dluhový cenný papír PROFIT 2 is here for you.

The yield of the five-year Prémiový dluhový cenný papír PROFIT 2 is based on the trend of reputable global companies which pay out a high dividend yield in the long term. 

They are represented by the STOXX® Global Select Dividend 100 share index which includes one hundred high quality companies from North America, Europe and Asie/Australia (such as Allianz, Intel, E.ON, TOTAL, Merck & Co., ROYAL DUTCH SHELL, ZURICH INSURANCE GROUP, GLAXOSMITHKLINE, Kimberly-Clark and others).

Payment notes

How does the Prémiový dluhový cenný papír PROFIT 2 work?

  • The yield of the five-year PDCP PROFIT 2 depends on the trend of the STOXX® Global Select Dividend 100 share index containing stocks with a high dividend yield. 
  • The initial value of the underlying asset shall be fixed on 10. March 2016.
  • The underlying asset is observed quarterly. Its value is fixed on the observation day every quarter of a year.
  • As part of the observation the average value of the underlying asset is calculated from the total of these 20 gained values. This value is compared to its initial value.
  • During the lifetime of the premium bond also a negative value may be included.
  • The total yield at the maturity is calculated as follows: 100% + (average of the values of the underlying asset from all the 20 observations /initial value of the underlying asset – 1), while the final average value of the underlying asset can be negative up to – 10 %.
  • The minimum return on the PDCP PROFIT 2 at the maturity date is 90% of its nominal value.
  • The maximum premium is fixed at 35% for the duration of the PDCP PROFIT 2, i.e. for 5 years.
  • Regular observations and the averaging of the obtained values partially protect the investor from any sharp fall of the prices of the observed underlying asset just before the maturity date. The total yield in fact does not depend just on the closing value of the underlying asset.

Examples of scenarios at maturity – see the leaflet

  • The maturity date of the Premium Bond (Prémiový dluhový cenný papír) is 22 March 2021
  • Česká spořitelna pays out the yield and the nominal value 
  • It takes 3 working days to settle the buying and selling of the Premium Bond
Secondary market
  • The minimum purchased quantity: 1 piece
  • The Bond can be sold even prior to the maturity date for the price according to Česká spořitelna Exchange Rate List which you can find here at the Investment Centre/Exchange Rate Lists
In the period before maturity, the bond price can fluctuate above and below the bond face value depending on the development of the interest rate and underlying asset. A bond can ben sold even before the maturity date, for the price pursuant to the pricelist of the issuer. Our consultants will give you detail information on the advantages and risks of investment in bonds. The information sources used are generally regarded as reliable, although Česká spořitelna and Erste Group Bank AG cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.