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6.00 % Erste Group Protect Multi Schweiz 2018-2020

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Bid Ask
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Difference - (-)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Strike Date2018/11/29
Barrier in %70.00%
Barrier reachedno

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Legal note

This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market. Erste Group Bank AG acts solely in the function as market maker and continues to provide bid and ask prices (but is legally not obliged).


Underlying Name and ISINCurrencyStrikeBarrierPrice underlyingBarrier distance in %No of shares for redemption

Secondary market

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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Bid Ask
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Difference - (-)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
Issue date2018/11/30
Barrier in %70.00%
Barrier reachedno
Nominal amount1,000.00

Reverse convertibles | Description

This Protect Multi Reverse Convertible refers to the shares of Novartis AG, Nestle SA and Roche Holding AG (underlyings) and is in Swiss Franc (CHF). The bond has a term of two years (maturity 30/11/2020) and a risk buffer (=barrier; "protect").

Investors receive independently of the performance of the underlyings a fixed coupon of 6.00 % p.a. on the nominal value in CHF on the annual payment dates.

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

1. All underlyings are above the barrier (70.00 % of the strike price) throughout the observation period, 29/11/2018 (excl.) to 23/11/2020 (incl.) based on closing prices. Investors then receive the nominal value in CHF at maturity.

2. At least one underlying falls at or below its barrier during the observation period. However, on the valuation date all underlyings are at or above their strike price. In this case, investors receive the nominal value in CHF.

3. The barrier is touched or broken by at least one underlying during the observation period and on the valuation date the closing price of at least one underlying is below its strike price. In this case, investors receive a fixed number of shares of the underlying with the worst performance. Fractions of a share are settled in cash. 

Price information

Today open-
Today high-
Today low-
Close (previous day)-
Spread in %1.00 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)-
Low price (52 weeks)-


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

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Bid Ask
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Difference - (-)

Date: 2020/12/03 12:14:11
Underlying Quote
81.26 CHF
Difference -0.81% (-0.66)

General attributes underlying

Stock exchange (underlying)SWX
Currency (underlying)CHF
Time20/12/03 - 12:14:11
Start value underlying79.4800
Barrier distance25.62
Barrier distance in %31.53%
No of shares for redemption12
Today high82.08
Today low81.23
High price (52 weeks)96.38
Low price (52 weeks)65.09

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

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