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10.50 % ERSTE Protect Multi Streaming 19-20


ISIN:
AT0000A28DA0
WKN:
EB0FQ8

2019/12/11 18:15:36
Bid Ask
90.35 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingAMAZON
NETFLIX
SPOTIFY
Strike Date2019/06/27
Maturity2020/06/28
Coupon10.500%
Barrier in %60.00%
Barrier reachedno

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Key Information DocumentPDF Download




Information about previous performance does not guarantee future performance.
Source: FactSet
Advantages Risks you should be aware of
  • The investor receives a fixed coupon of 10.50 % p.a.
  • Additional risk buffer of 40.00 % in case of falling prices of the underlyings.
  • Erste Group Bank AG will set quotes for this product during the term, but is not obliged to.
  • The exchange rate of the currency of the multi protect reverse convertible (EUR) and the currency of the underlyings (USD) has no direct impact on the redemption amount.
  • The earnings are capped at 10.50 % p.a. even if the underlyings have a better performance.
  • In case the redemption is below 100.00 % of the nominal amount, capital loss may occur.
  • During the term price fluctuations of the bond are possible and premature sales may lead to capital loss. Limited trading of the product is possible.
  • This Protect Multi Reverse Convertible 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 Protect Multi Reverse Convertible in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.

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.

2019/12/11 18:15:36
Bid Ask
90.35 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingAMAZON
NETFLIX
SPOTIFY
Issue date2019/06/28
Coupon10.500%
Barrier in %60.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This Protect Multi Reverse Convertible refers to the shares of Amazon.com Inc, Netflix Inc and Spotify Technology SA (underlyings). The bond has a term of one year (maturity 28/06/2020) and a risk buffer (=barrier; "protect").

Investors receive regardless of the performance of the underlyings a fixed coupon of 10.50 % p.a. on the nominal amount (EUR 1.000) upon maturity.

The redemption of the nominal amount at maturity depends on the performance of the underlyings:

1. The closing prices of all underlyings are always above the barrier (60.00 % of the strike price) during the observation period, 27/06/2019 (excl.) - 22/06/2020 (incl.). In this case investors receive the nominal amount.

2. At least one underlying is at or below its barrier during the observation period. Then the redemption amount equals the nominal amount multiplied by the performance of the underlying which had the worst performance. In this case the redemption amount can be below the nominal amount or even be zero, whereas the maximum amount for redemption is 100.00 % of the nominal amount.

Price information

Today open90.85
Today high90.85
Today low90.85
Close (previous day)90.85
Spread in %0 %
Spread absolute-
Spread harmonised-
High price (52 weeks)100.00
Low price (52 weeks)76.95

Performance

Performance YTD in %-
Performance 1 month in %-0.11%
Performance 6 months in %-9.15%
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2019/12/11 18:15:36
Bid Ask
90.35 -
Difference 0.00% (0.00)

Date: 2019/12/11 22:00:00
Underlying Quote
1,748.72 USD
Difference +0.55% (9.51)

General attributes underlying

NameAMAZON
ISINUS0231351067
Stock exchange (underlying)NMS
Currency (underlying)USD
Price1,748.72
Time19/12/11 - 22:00:00
Start value underlying1,904.2800
Strike1,904.2800
Barrier1,142.5680
Barrier distance606.15
Barrier distance in %34.66%
No of shares for redemption-
Today high1,750.00
Today low1,735.7102
High price (52 weeks)2,035.80
Low price (52 weeks)1,307.00


Information about previous performance does not guarantee future performance.
Source: FactSet

Recent research



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