Prémiový dluhový cenný papír HYDROGEN AUTOCALL

ISIN: XS2593341105  

 
2024/04/25 10:16:00
Bid Ask
83.18 -
Minimum yield -
Difference -1.07%(-0.91)
General attributes
Type of bond Structured bonds and notes
Bond style senior
Issuer type financial institution
Country of issue LU
Current coupon -
Coupon style variable
Coupon payment date 2026/06/09
Coupon payment period at maturity
Yield to maturity p.a. (before capital gains tax) -
Value date 2023/06/09
Maturity 2026/06/09
Repayment value 0
Currency CZK
Nominal value 10,000
Capital gains tax -
Accrued Interest -
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 PDCP HYDROGEN AUTOCALL offer?
 
  • Possibility to obtain an attractive yield of up to 27% in 3 years.
  • PDCP HYDROGEN AUTOCALL can be automatically repaid early already after the first year of its duration or the following year if at the date observation date the underlying index is on or above the valid barrier for early repayment.  
  • Interesting barrier level of 60% of the initial value (see Note 2) of the observed underlying index Solactive Hydrogen Selection AR 5% for payout of the nominal value of PDCP HYDROGEN AUTOCALL at its maturity date. 
  • Barrier for automatic early repayment is decreasing over in time: 100% (after a year), 90% (after two years).
  • PDCP HYDROGEN AUTOCALL is issued in Czech crowns, the investor does not bear the currency risk.  

  • Electronic version of the Basic 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 ttps://regulatory.sgmarkets.com//priips/kid or you can find on the investment portal www.investicnicentrum.cz.
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 structured products and shares.
  • 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 the possible loss, which is ilustrated by performance scenarios, see Key Information Document (KID).
  • are interested in holding the product until the maturity specified in General attributes.
This investment product is not intended for investors (negative product target market), who:
  • do not have sufficient knowledge regarding structured investment instruments and shares
  • are unable to bear the loss of invested funds indicated in the Key Information Document (KID) 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.
------------------------------------------
* PDCP HYDROGEN AUTOCALL does not guarantee a return on the invested amount and the investor could lose the whole investment or part of it.
* A 100% return on the nominal value of PDCP HYDROGEN AUTOCALL at the maturity date is not guaranteed as it depends on the market rate development of the underlying index – Solactive Hydrogen Selection AR 5%. 
* The holder of PDCP HYDROGEN AUTOCALL bears the issuer´s and guarantor´s credit risk.  
 
You will find more information in the leaflet.
Description
PDCP HYDROGEN AUTOCALL with the option of automatic early repayment provides an opportunity to gain an attractive annual yield of 9% (see Note). The total yield for its three-year duration may then reach up to 27%.

The payout of the yield and nominal value of PDCP HYDROGEN AUTOCALL is derived from the development of the Solactive Hydrogen Selection AR 5% share index. In addition, the construction of PDCP HYDROGEN AUTOCALL enables its early repayment and payout of an attractive yield in case of growth or limited decline of the underlying index already after the first year of its duration.  
 
Issuer: SG Issuer SA
Guarantor: Société Générale SA (Standard & Poor's A / Moody's A1 / Fitch A)
Underlying index: Solactive Hydrogen Selection AR 5%   
Subscription period: 10 May 2023 (9.00) – 2 June 2023 (23.59) 

You will find more information in the leaflet.
Payment notes
How PDCP HYDROGEN AUTOCALL works
    • The payout of potential yield and nominal value of the PDCP HYDROGEN AUTOCALL depends on the market rate development of the underlying index – Solactive Hydrogen Selection AR 5%.
    • For its duration the PDCP HYDROGEN AUTOCALL can be automatically paid out early per annum, if the value of the Solactive Hydrogen Selection AR 5% index at the observation date equals or is higher than the comparative value of the underlying index at the relevant observation date. 
    • If the automatic early repayment condition is not met, PDCP HYDROGEN AUTOCALL continues to the next date of possible repayment. 
    • If the PDCP HYDROGEN AUTOCALL is automatically repaid early, the  investor shall receive its nominal value and a yield of 9% (see Note) for each year that elapsed since the issue date.  
    • If the automatic early repayment is not made and at the date of fixing the closing value of the observed index it does not fall below the barrier of  60% of its initial value, 100% of the nominal value of PDCP HYDROGEN AUTOCALL and the total yield of 3 x 9 % = 27%  shall be paid out at the maturity date (see Note).
    • If the automatic early repayment is not made and at the date of fixing the closing value of the index the value of the observed index falls below the barrier of 60% of its initial value, at the maturity date of PDCP HYDROGEN AUTOCALL the 100% of its nominal value will be paid out minus the loss of the index as of the date of fixing its initial value to the date of fixing its closing value. The investor will lose more than 40% of the investment and the yield will not be paid out. 
 
You will find more information in the leaflet.
Settlement
  • Maturity shall be 09.06.2026
  • 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 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: 100%, without a fee 
  • Liquidity: daily according to current market prices, indications in the Exchange Rate List of Česká spořitelna, a.s.
-----------------------------------------

Note: PDCP HYDROGEN AUTOCALL pays out potential yields in a lump sum at its early or regular maturity date whereas the consolidated interest bearing is not claimed.

Note 2: The initial value will be calculated based on the closing prices of the underlying assets on 2 June 2023.

Note 3: You will find the precise expression of product costs in the PDCP HYDROGEN AUTOCALL Subscription Instruction.

Note 4: Product risk weight is on 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 PDCP HYDROGEN AUTOCALL until the 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.