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Wiener Städtische 3.50 % Subordinated Notes


ISIN:
AT0000A1VKJ4

Date: 2019/11/14 17:22:56
Bid Ask
110.70 112.70
Difference 0.00% (0.00)

General attributes

Type of bondCorporate bonds Austria
Bond stylesubordinated
Issuer typecorporate
Country of issueAT
Current coupon3.500%
Coupon stylefix
Coupon payment date2020/05/11
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)1.68
Value date2017/05/11
Maturity2027/05/11
Repayment value100.00
CurrencyEUR
Minimum unit1,000

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Scale: ABS REL         Instrument

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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: Erste Group Bank AG
Advantages Risks you should be aware of
  • 3.50 % coupon
  • Annual interest payments
  • Redemption at 100 % at maturity by Wiener Städtische Versicherung AG Vienna Insurance Group
  • Investors bear the issuer risk of Wiener Städtische Versicherung AG Vienna Insurance Group
  • In the event of insolvency of Wiener Städtische Versicherung AG Vienna Insurance Group the claims of the investors of this subordinated bond are settled only after satisfaction of those of all non-subordinated debt instruments.
  • Redemption at 100 % of nominal value is only valid if there is no insolvency of Wiener Städtische Versicherung AG Vienna Insurance Group. In these cases, there are no further interest payments and the redemption can be limited or there is no redemption at all. A total loss is possible.
  • A mandatory suspension of interest payments may result, inter alia, as a result of a solvency capital event (see § 3 (3) of the Final Terms). A solvency capital event occurs if the issuer's own funds are not sufficient to meet the applicable capital requirements.
  • Redemption at 100 % applies only at maturity or in the event of an early redemption event by the issuer (see § 5 (3) of the Final Terms). A premature sale by the investor may lead to capital loss.

Description

The Wiener Städtische 3.50 % Subordinated Notes has a term of 10 years. The interest of 3.50 % p.a. is paid annually. The redemption is at 100 % at maturity by Wiener Städtische Versicherung AG Vienna Insurance Group (issuer risk). Wiener Städtische Versicherung AG Vienna Insurance Group has no rating.

Conflicts of interest
Please refer to the Folder and the Prospectus for conflicts of interest.

Payment notes

This bond pays a coupon of 3.50 % p.a.

Settlement

This bond is redeemed on 11/05/2027 at 100 % of nominal amount.

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

Legal note

The content on this page is for informational purposes only for existing investors. This product is not offered for subscription and is not a public offering.

Underlying


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