Prémiový dluhový cenný papír 3,4 % EURO STOXX 50® Deep Barrier 9

ISIN: XS1902039210  

 
2019/12/06 00:00:00
Bid Ask
99.51 -
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 CH
Current coupon 3.400%
Coupon style fix
Coupon payment date 2020/01/30
Coupon payment period annually
Yield to maturity p.a. (before capital gains tax) -
Value date 2019/01/30
Maturity 2024/01/30
Repayment value 0
Currency CZK
Nominal value 10,000
Capital gains tax -
EU withholding tax Yes
Accrued Interest 293.72
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 the Prémiový dluhový cenný papír 3,4 % EURO STOXX 50® Deep Barrier 9?

  • Interesting fixed yield of 3.4% p.a. paid out annually regardless of the underlying asset trend.
  • Attractive 45% barrier level of the initial value (see Note) of the EURO STOXX 50® stock index.
  • The Premium Bond is issued in Czech crowns and the investor does not bear the currency risk.
  • EURO STOXX 50® is a widely diversified index representing best quality European companies.
  • Electronic version of the prospectus is published on the Issuer´s website www.credit-suisse.com or on www.investicnicentrum.cz/prospekty.
  • Electronic version of the Notification of Key information is published on the website https://docs.credit-suisse.com/.

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Note. The initial value will be calculated by the EURO STOXX 50® index provider based on the closing prices of the underlying assets at relevant stock exchanges on 23 January 2019.
Note 2: Product risk weight on a scale of 1 to 7, from a potentially lower risk and yield of 1 to a potentially higher risk and yield of 7, assuming that you will keep the product until its maturity date. The real risk may significantly differ in case you sell the product prematurely.

  • The Premium Bond does not guarantee a return on the invested amount and the investor can lose the whole investment or part of it.
  • The 100% return of the nominal value of the Premium Bond at the maturity date depends on the market rate trend of EURO STOXX 50® index.
  • The Premium Bond Holder bears the issuer´s credit risk.
  • The product is subject to English law.
  • If you use the portfolio method of investment advice ask your banker or investment specialist to assess whether this product should become part of your investment portfolio. The prices are quoted in percentages of the nominal value.
  • The buying price means the client is selling, the selling price means the client is buying.
  • The nominal value of one Premium Bond is: CZK 10,000
  • Minimum investment: 1 piece
  • Currency: Czech crown (CZK)
  • Subscription period: 3 January (9.00) – 23 January 2019 (16.00)
  • Price at subscription: 100%, free of charge
  • Issue date: 30 January 2019
  • Initial value fixing date: 23 January 2019
  • Observation: from 24 January 2019 until 23 January 2024, daily closing prices
  • Maturity date: 30 January 2024
  • Fixed yield: 3.4% p.a., paid out regardless on the trend of the underlying asset, every year at 30 January, with the convention of the following working day
  • Barrier for the nominal value payout: 45% of the fixed initial value (see Note) of the EURO STOXX 50® index
  • Liquidity: daily according to current market prices in the Exchange Rate List of Česká spořitelna, a.s.
  • Distributor´s costs valid at the issue date: 0.3% p.a., you will find the precise expression in the Instruction for Subscription of PDCP 3.4% EURO STOXX 50® Deep Barrier 9
  • Issuer´s costs valid at the issue date: you will find the precise expression in the Notification of Key Information
  • Price for the provision of early redemption: 2% of the transaction volume
Description

Are you looking for an interesting investment opportunity with high fixed yield? Do you trust the force of European economy and expect its stable development? Then you might be interested in investing in five-year Prémiový dluhový cenný papír 3.4% EURO STOXX 50® Deep Barrier 9, which pays out annual yield of 3.4% and the payout of its nominal value is derived from the market rate trend of the leading European EURO STOXX 50® stock index.

Prémiový dluhový cenný papír 3.4% EURO STOXX 50® Deep Barrier 9 offers an attractive fixed yield of 3.4% per annum.

The EURO STOXX 50® index is the leading European stock index which includes fifty largest companies with the highest liquidity in Eurozone countries operating across all important sectors. Among the most prominent companies belong e.g. AXA, Airbus, Allianz, Anheuser-Busch InBev, BASF, Bayer, BNP Paribas, Daimler, Sanofi, SAP, Siemens, Telefonica, Total or Unilever.

Payment notes

How does the Prémiový dluhový cenný papír 3,4 % EURO STOXX 50® Deep Barrier 9 work?

  • The return of the nominal value of the Premium Bond at its maturity date is based on the market rate trend of the main European EURO STOXX 50® stock index.
  • The initial value (see Note) of the EURO STOXX 50® index shall be fixed on 23 January 2019.
  • The EURO STOXX 50® index trend shall be observed from 24 January 2019 to 23 January 2024 (daily closing price).
  • The yield of 3.4% p.a. of the nominal value of the Premium Bond is being paid out annually and is paid always which means regardless of the trend of the underlying asset of the EURO STOXX 50® stock index.
  • The payout of the Premium Bond nominal value depends on the trend of the underlying asset, i.e. on the market rate trend of the main European EURO STOXX 50® stock index.
  • The barrier level is set at 45% of the fixed initial value (see Note) of the EURO STOXX 50® index, touching the barrier is not considered breaking it.
  • The distance of 55% between the initial value and low set barrier creates a “safety cushion” for a possible fall of the EURO STOXX 50® index.
  • If during Observation Period the value of the EURO STOXX 50® index (daily closing price) does not fall below the barrier of 45% of its initial value (see Note), the nominal value of the Premium Bond shall be paid out at the maturity date.
  • If during the Observation Period the value of the EURO STOXX 50® index (daily closing price) falls below the barrier of 45% of its initial value (see Note) and at the last date of the Observation Period it will not return above 100% of its initial value, the nominal value of the Premium Bond reduced by the total percentage loss of the EURO STOXX 50® stock index from the date of setting the initial value (23 January  2019) until the last observation date (23 January 2024) shall be paid out at the maturity date.
  • If during the Observation Period the value of the EURO STOXX 50® index (daily closing price) falls below the barrier of 45% of its initial value (see Note) but at the last date of the Observation Period shall be above its initial value, 100% of the nominal value of the Premium Bond shall be paid out at the maturity date.

What situations may arise at the maturity – see the leaflet

Settlement
  • The Premium Bond maturity date is 30 January 2024
  • Česká spořitelna pays out the yield and the nominal value
  • It takes three working days to settle the buying and selling of the Premium Bond
Secondary market
  • Minimum purchased quantity: 1 piece
  • Price at subscription: 100%, free of charge
  • The Premium Bond can be sold even prior to the maturity date for the price in the Česká spořitelna Exchange Rate List which you will find here at the Investment Centre/Exchange Rate Lists
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Note. The initial value will be calculated by the EURO STOXX 50® index provider based on the closing prices of the underlying assets at relevant stock exchanges on 23 January 2019.

 
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.