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3.00 % Erste Group AUD Festzinsanleihe 2018-2023


ISIN:
AT0000A20D46

Date: 2019/11/13 12:44:50
Bid Ask
103.258 -
Difference 0.07% (0.07)

General attributes

Type of bondErste Group senior bonds
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon3.000%
Coupon stylefix
Coupon payment date2020/04/20
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)1.73
Value date2018/04/20
Maturity2023/04/20
Repayment value100.00
CurrencyAUD
Minimum unit1,000

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Final TermsPDF Download

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
  • Interesting fixed coupon amounting to 3.00 % p. a. in Australian Dollar
  • Interest is paid annually
  • Investors could benefit from a stronger Australian Dollar compared to the Euro
  • Redemption is at 100 % of nominal amount at maturity by Erste Group Bank AG
  • Euro-investors bear the currency risk of Australian Dollar to Euro, as the bond is listed in Australian Dollar
  • The redemption at 100 % of nominal amount in Australian Dollar only applies at maturity (if an AUD settlement account exists, the coupon payments and redemption is in AUD, otherwise there is an automatic conversion to Euro).
  • Investors bear the issuer risk of Erste Group Bank AG.
  • During the term price fluctuations are possible, which means that the sale of the bond prior to maturity may result in a loss.
  • The coupons and redemption are paid in AUD, therefore the investors incur additional costs (by having a foreign currency account or by the conversion to Euro).
  • This bond is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Erste Group Bank AG may not be able to meet its obligations arising from the bond in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.

Description

The 3.00 % Erste Group AUD Festzinsanleihe 2018-2023 has a term of 5 years. The coupon is fixed at 2.50 % p.a in Australian Dollar (AUD). The bond is redeemed on 20/04/2023 at 100 % of nominal amount in AUD.

If there is a settlement account in AUD, coupon payments and the redemptions are in AUD, otherwise there is an automatic conversion to EUR. 

Payment notes

This bond pays a fixed interest of 3.00 % p. a. in Australian Dollar (AUD).

Settlement

This bond is redeemed on 20/04/2023 at 100 % of nominal amount in Australian Dollar (AUD).

Secondary market

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

Underlying


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