Prémiový dluhový cenný papír PROFIT 20

ISIN: AT0000A20F28  

2020/10/26 00:00:00
Bid Ask
95.13 -
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 2021/05/25
Coupon payment period at maturity
Yield to maturity p.a. (before capital gains tax) -
Value date 2018/04/11
Maturity 2021/05/25
Repayment value 97
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
- -

An interesting yield potential of up to 15 % in three years with a min. 97% return on the nominal value of PDCP PROFIT 20 at its maturity date. 

Every rationally thinking person looks for ways of how to most effectively increase the value of his money. For many it is important to know beforehand what the trend of the investment might be, and most of all what is its yield potential and market risk taken. If these parameters are also important to you, then the Prémiový dluhový cenný papír PROFIT 20 is here for you. It is designed for clients who do not require regular yield payments, but prefer their investments grow depends on the development of equity markets. At the same time, they are willing to accept the volatility of these markets, which can lead to the final value of the investment below the level of its nominal value.

The yield of the three-year Prémiový dluhový cenný papír PROFIT 20 stems from the trend of highly reputable global companies which are marked above all by the low fluctuation in the value of their shares and paying out a high long-term dividend yield.

Payment notes

How does the Prémiový dluhový cenný papír PROFIT 20 work?

  • The yield of the three-year PDCP PROFIT 20 depends on the trend of STOXX® Global ESG Leaders Select 50 EUR index.
  • On 11/05/2018 the initial value of the underlying asset will be fixed.
  • The underlying asset is monitored quarterly. Every quarter the value of the underlying asset is fixed on the observation day.
  • The average value of the underlying asset is calculated from the sum total of these 12 values gained during observation. It is compared with its initial value.
  • During the duration of the premium bond the negative value may also be included.
  • The total payment value is calculated at the maturity date as follows: 100 % of nominal value of the premium bond + participation 100% × (average value from 12 observations of the underlying asset/initial value – 1).
  • Even with bigger market drop, the minimum return of the premium bond at its maturity date is 97% of its nominal value (see Note).
  • The maximum level of the premium is fixed at 15 % of the nominal value of the PDCP PROFIT 20, for the duration of i.e. in 3 years.
  • The regular observation and averaging of the obtained values partly protect the investor from any sharp fall in the prices of the monitored underlying asset just before the maturity date. The total yield does not only depend on the closing value of the observed underlying asset, but also on its everage value during  the whole period. Regular observation, however can also reduce the result yield (for example when the underlying asset rises just before maturity).

Examples of scenarios at maturity – see the leaflet

  • The Premium Bond maturity date is 25rd May 2021
  • Česká spořitelna pays out the yield and 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
  • Liquidity: daily according to the Česká spořitelna

Note: Payment of the guaranteed amount depends on the issuer's ability to meet its warranty obligations.

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.