Prémiový dluhový cenný papír 3,75 % EURO STOXX 50® Deep Barrier 11

ISIN: XS1968455854  

 
2019/11/15 00:01:10
Bid Ask
97.17 -
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 LU
Current coupon 3.750%
Coupon style fix
Coupon payment date 2020/06/19
Coupon payment period annually
Yield to maturity p.a. (before capital gains tax) -
Value date 2019/06/19
Maturity 2024/06/19
Repayment value 0
Currency CZK
Nominal value 10,000
Capital gains tax -
EU withholding tax Yes
Accrued Interest 157.29
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

What does the Prémiový dluhový cenný papír 3.75% EURO STOXX 50® Deep Barrier 11 offer?

  • Possibility to gain an interesting total yield amounting to 18.75% in five years.
  • Fixed yield of 3.75% p.a. of its nominal value is paid out annually regardless on the trend of the underlying asset, every year as at 19 June (with the convention of the following working day) until the maturity day or early maturity date
  • Attractive 49% barrier level of the initial value (see Note) of the EURO STOXX 50® stock index.
  • The Premium Bond can be automatically paid out early with a paid out yield of 3.75% already after the first year of its duration (or at one of the following annual observations), provided that the underlying index at the observation date is at or above the currently valid barrier for early repayment.
  • Barrier for automatic early repayment is decreasing over in time and during the last year it works efficiently as an additional safety cushion.
  • 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  http://prospectus.socgen.com/ or on www.investicnicentrum.cz/prospekty.
  • Electronic version of the Notification of Key information is published on the website https://regulatory.sgmarkets.com/#/priips/kid, or you can find it on the investment portal www.investicnicentrum.cz.

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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 12 June 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 and guarantor´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 buying price means the client is selling, the selling price means the client is buying.
  • Issuer: SG Issuer (S&P's A)
  • Guarantor: Société Générale SA (S&P's A / Moody's A2 / Fitch A+)
  • Underlying asset: EURO STOXX 50® stock index
  • Subscription period: 16 May 2019 (9.00) – 12 June 2019 (16.00)
  • Minimum investment: 1 piece
  • Price at subscription: 100%, free of charge
  • Initial value fixing date: 12 June 2019
  • Observation period: from 13 June 2019 to 12 June 2024, daily closing prices
  • Fixed yield: 3.75% p.a., paid out regardless on the trend of the underlying asset, every year as at 19 June (with the convention of the following working day) until the maturity date or early maturity date 
  • Barrier for the nominal value payout: 49% of the fixed initial value (see Note) of the EURO STOXX 50® index
  • Dates of possible automatic early repayment: 19 June 2020, 21 June 2021, 20 June 2022, 19 June 2023, 19 June 2024
  • Comparative values for automatic early repayment: see the leaflet
  • Liquidity: daily according to current market prices shown in the Exchange Rate List of Česká spořitelna, a.s.
  • Distributor´s costs valid as at the issue date: 0.4% p.a., you will find the precise expression in the Instruction for Subscription of PDCP 3.75% EURO STOXX 50® Deep Barrier 11
  • Issuer´s costs valid as at the issue date: you will find their 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 a 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 3.75% EURO STOXX 50® Deep Barrier 11, which pays out annual yield of 3.75% 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 3.75% EURO STOXX 50® Deep Barrier 11 with the option of automatic early repayment provides the possibility to gain an interesting fixed yield amounting to 3.75% p.a.

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 3.75% EURO STOXX 50® Deep Barrier 11 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 12 June 2019.
  • The EURO STOXX 50® index trend shall be observed from 13 June 2019 to 12 June 2024 (daily closing price).
  • The yield of 3.75% 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 barrier level is set at 49% of the fixed initial value (see Note) of the EURO STOXX 50® index, touching the barrier is not considered breaking it.
  • Automatic early repayment for the duration of the Premium Bond may arise once a year if the value of the underlying index at the relevant date of observation equals or is above the current valid barrier for early repayment.
  • If the condition for automatic early repayment is not met, the investor shall receive an annual yield of 3.75% of its nominal value and the Premium Bond continues to the next date of possible early repayment.
  • If the Premium Bond is repaid early, the investor shall receive 100% of it s nominal value and the last yield of 3.75% p.a. of its nominal value.
    See the example in the leaflet
  • If there is no automatic early repayment and during observation the value of EURO STOXX 50® index (daily closing price) never falls below the barrier of 49% of its fixed initial value (see Note), 100% of the Premium Bond nominal value shall be paid out at the maturity date in which case the fixed yield of 3.75% of its nominal value is paid out annually.
  • If there is no automatic early repayment and during observation the value of EURO STOXX 50® index (daily closing price) falls below the barrier of 49% of its fixed initial value (see Note) however at the last observation date it increases to or is above of 85% of its fixed initial value (see Note) then 100% of the Premium Bond nominal value shall be paid out at the maturity date in which case the fixed yield of 3.75% p.a. of its nominal value shall be paid out annually.
    See the example in the leaflet
  • If there is no automatic early repayment and during the observation the value of the EURO STOXX 50® stock index falls (daily closing price) below the barrier of 49% of its fixed initial value (see Note) and is below 85% of its fixed initial value on the last observation day (see Note), then at the maturity date the nominal value of the Premium Bond is paid out decreased by the total percentage loss of the EURO STOXX 50® stock&
Settlement
  • The Premium Bond maturity date is 19 June 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 12 June 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.

 
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.