|Date: 2019/11/15 10:03:56|
|Type of bond||s Wohnbaubank variable bonds|
|Country of issue||AT|
|Coupon payment date||2020/02/07|
|Coupon payment period||quarterly|
|Yield to maturity p.a. (before capital gains tax)||-|
|Advantages||Risks you should be aware of|
|This floating-rate s Wohnbau bond pays the interest quarterly. The amount of interest paid is based on the development of the interest rates in the money market (3-month-EURIBOR). Interest income from residential convertible bonds of up to 4 % is exempt from capital withholding tax. |
Conflicts of interest
Erste Group Bank AG or affiliated companies (collectively "Erste Group") are involved in the share capital of s Wohnbaubank AG. Furthermore employees of Erste Group are in the Supervisory Board of s Wohnbaubank AG. The interests of the Erste Group and those of the bondholders may differ. Erste Group may from time to time have business relationships (e.g. investment, consulting and financial transactions) as part of the ordinary course of business, which may have negative effects on the development of the price of this convertible bond of s Wohnbaubank AG. Erste Group Bank AG is an affiliated company to the intermediary Sparkassen and Erste Bank der oesterreichischen Sparkassen AG.
|The interest is according 3-month-EURIBOR, minimum coupon 0.70 % p.a., max. coupon as follows:|
01.04.2015 - 06.08.2020: 2.00 % p.a.
07.08.2020 - 06.08.2025: 3.00 % p.a.
07.08.2025 - 06.08.2030: 4.00 % p.a.
Interest is paid quarterly on 07.02., 07.05., 07.08., 07.11., the first interest payment is on 07.08.2015.
|The bond is redeemed on 07.08.2030 at 100 %, if there is no conversion.|
The admission for Third Market als Multilateral Trading Facility (MTF) has been requested.
|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.|
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