Hypoteční zástavní listy ČS VAR IV/2022
|Type of bond||Mortgage bonds|
|Issuer type||financial institution|
|Country of issue||CZ|
|Coupon payment date||2012/06/12|
|Coupon payment period||semi annually|
|Yield to maturity p.a. (before capital gains tax)||-|
|Capital gains tax||-|
|EU withholding tax||No|
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|
|Mortgage bonds with a flexible coupon VAR IV / 2022 are intended above all for investors who want to profit from the growth in interest rates. In view of the guarantee of the entire principal before each coupon payment period, the coupon is also suitable for clients who do not have a clear idea about when they will require the invested money (investment horizon 6 months to 13 years). HZL VAR IV / 2022 is a bond with a flexible coupon which is fixed twice a year according to current market rates. It is a suitable instrument for a period of growing rates: whereas traditional bonds with a fixed coupon suffer during a growth in interest rates (their price falls, the coupon does not grow), on the contrary, a bond with a flexible coupon brings its holder higher profits (the coupon grows, the price stagnates).|
|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.|