|Date: 2022/10/05 16:52:43|
|Type of bond||Erste Group senior bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon style||step up|
|Coupon payment date||2023/03/03|
|Coupon payment period||annually|
|Yield to maturity p.a. (before capital gains tax)||-|
|Advantages||Risks you should be aware of|
The ERSTE USD Stufenzins Anleihe 22-27 has a term of 5 years and offers a coupon payment that steps up during the term from initially 1.00 % p.a. to 2.50 % p.a. in US Dollar (USD). The bond is redeemed on 03/03/2027 at 100 % of nominal amount in USD.
If there is a settlement account in USD, coupon payments and the redemptions are in USD, otherwise there is an automatic conversion to EUR.
|This bond pays interest in US Dollar (USD) as follows:|
03/03/2022 (incl.) – 03/03/2023 (excl.): 1.00 % p.a.
03/03/2023 (incl.) – 03/03/2024 (excl.): 1.25 % p.a.
03/03/2024 (incl.) – 03/03/2025 (excl.): 1.75 % p.a.
03/03/2025 (incl.) – 03/03/2026 (excl.): 2.00 % p.a.
03/03/2026 (incl.) – 03/03/2027 (excl.): 2.50 % p.a.
Interest is paid annually.
|This bond is redeemed on 03/03/2027 at 100 % of nominal amount in US Dollar (USD).|
|During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.|
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