3.40 % ERSTE Fixzins-Anleihe 24-29

3.40 % ERSTE Fixzins-Anleihe 24-29
ISIN: AT0000A3B020

2024/05/09 11:54:45
Bid	Ask
98.55	-
Minimum yield	-
Difference	-0.11%(-0.11)

General attributes
Type of bond	Erste Group bonds
Bond style	senior
Issuer type	financial institution
Country of issue	AT
Current coupon	3.400%
Coupon style	fix
Coupon payment date	2025/04/02
Coupon payment period	annually
Yield to maturity p.a. (before capital gains tax)	3.15
Value date	2024/04/02
Maturity	2029/04/02
Repayment value	100
Currency	EUR
Nominal value	50,000
Capital gains tax	-
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

Why buy a senior ERSTE 3.40% Fixed Income Bond / 2029

An investment product issued by one of the major European financial services providers and one of the biggest retail banks in Central Europe.
A fixed yield of 3.40% p.a. is paid annually. Yield payment date: always at 2 April, specifically from 2 April 4 2025 to 2 April 2029.
Nominal value payment (viz. Note) at the maturity date of the senior ERSTE 3.40% Fixed Income Bond / 2029.
Quick availability of funds. You can sell the senior bond under the standard market conditions through Česká spořitelna at any time before maturity for the market price. However, in such case the real price may fluctuate below the price for which the client purchased the investment. So the investor may make a loss.

Full information on the senior bond is presented in the Issuer’s Bond Prospectus which is posted on the Erste Group Bank AG website at www.erstegroup.com or at www.investicnicentrum.cz/prospekty.

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 a possible partial loss.
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 a senior ERSTE 3.40% Fixed Income Bond / 2029 bears the issuer’s credit risk and the currency risk. Payment of its nominal value * depends on the issuer being able to meet its obligations that are related to the senior ERSTE 3.40% Fixed Income Bond / 2029 in the event of insolvency or for reasons of an administrative measure, as well as whether you keep the ERSTE 3.40% Fixed Income Bond / 2029 till its maturity date.

More information you will find in the leaflet.

Description
The senior ERSTE 3.40% Fixed Income Bond / 2029 makes it possible to gain a fixed annual coupon of 3.40%. Erste Group Bank AG is a strong banking group operating in Central and Eastern Europe. It offers financial and advisory services to retail and corporate clients through its network of more than 1,900 branches in seven countries (Austria, Czech Republic, Slovakia, Hungary, Romania, Serbia and Croatia). It is a reliable partner for individual clients, small and medium-sized enterprises, and big multinational companies, actively cooperates with the public sector, non-profit organisations and companies providing social overlap services. It is a leader in the introduction of digital technologies in financial services on the domestic market in Austria and in other countries where the Group operates. Erste Group Bank AG – quality, transparency and tradition of reputable issuer of investment products. Issuer: Erste Group Bank AG (S&P's A+ / Moody's A1 / Fitch A) Subscription period: 6. 3. 2024 (9.00) – 27. 3. 2024 (16.00) More information you will find in the leaflet.

Description

The senior ERSTE 3.40% Fixed Income Bond / 2029 makes it possible to gain a fixed annual coupon of 3.40%.

Erste Group Bank AG is a strong banking group operating in Central and Eastern Europe. It offers financial and advisory services to retail and corporate clients through its network of more than 1,900 branches in seven countries (Austria, Czech Republic, Slovakia, Hungary, Romania, Serbia and Croatia). It is a reliable partner for individual clients, small and medium-sized enterprises, and big multinational companies, actively cooperates with the public sector, non-profit organisations and companies providing social overlap services. It is a leader in the introduction of digital technologies in financial services on the domestic market in Austria and in other countries where the Group operates.

Erste Group Bank AG – quality, transparency and tradition of reputable issuer of investment products.

Issuer: Erste Group Bank AG (S&P's A+ / Moody's A1 / Fitch A)
Subscription period: 6. 3. 2024 (9.00) – 27. 3. 2024 (16.00)

More information you will find in the leaflet.

Payment notes
A fixed yield of 3.40% p.a. is paid annually.

Settlement
Maturity shall be 2. 4. 2029 Česká spořitelna pays out the yield and the nominal value It takes two working days to settle the buying and selling of the Premium Bond

Secondary market
Minimum purchased amount: 1 piece Price for the provision of early redemption: according to the current Price List (status as at the Premium Bond issue date: 2% of the transaction volume) Price at subscription: 101% + fee of 1.50% of the subscribed volume Liquidity: daily according to current market prices, indications in the Exchange Rate List of Česká spořitelna, a.s. ----------------------------------------- Note.: Payment of its nominal value depends on the issuer being able to meet its obligations that are tied to the senior ERSTE 3.40% Fixed Income Bond / 2029 in the event of insolvency or due to an administrative measure.

Secondary market

Minimum purchased amount: 1 piece
Price for the provision of early redemption: according to the current Price List (status as at the Premium Bond issue date: 2% of the transaction volume)
Price at subscription: 101% + fee of 1.50% of the subscribed volume
Liquidity: daily according to current market prices, indications in the Exchange Rate List of Česká spořitelna, a.s.

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Note.: Payment of its nominal value depends on the issuer being able to meet its obligations that are tied to the senior ERSTE 3.40% Fixed Income Bond / 2029

in the event of insolvency or due to an administrative measure.

Disclaimer
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.

Disclaimer

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.