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7.50 % Erste Group Protect Multi e-commerce 2018-2019 (II)


ISIN:
AT0000A253W1
WKN:
EB0FLK

2019/11/13 12:15:34
Bid Ask
99.10 -
Difference -0.05% (-0.05)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingEBAY
AMAZON
ALIBABA
Strike Date2018/12/20
Maturity2019/12/21
Coupon7.500%
Barrier in %50.00%
Barrier reachedno

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Final TermsPDF Download
Key Information DocumentPDF Download




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

Underlyings

Underlying Name and ISINCurrencyStrikeBarrierPrice underlyingBarrier distance in %No of shares for redemption
EBAY
US2786421030
USD27.990013.995035.0760.09%-
AMAZON
US0231351067
USD1,460.8300730.41501,778.0058.92%-
ALIBABA
US01609W1027
USD135.110067.5550186.9763.87%-
Advantages Risks you should be aware of
  • The investor receives a fixed coupon of 7.50 % p.a.
  • Additional risk buffer of 50.00 % 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 7.50 % 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.


2019/11/13 12:15:34
Bid Ask
99.10 -
Difference -0.05% (-0.05)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingEBAY
AMAZON
ALIBABA
Issue date2018/12/21
Coupon7.500%
Barrier in %50.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This Protect Multi Reverse Convertible refers to the shares of Ebay Inc, Amazon.com Inc and Alibaba Group Holding Ltd (underlyings). The bond has a term of one year (maturity 21/12/2019) and a risk buffer (=barrier; "protect").

Investors receive regardless of the performance of the underlyings a fixed coupon of 7.50 % p.a. on the nominal value (EUR 1.000) upon maturity.

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

1. The closing prices of all underlyings are always above the barrier (50.00 % of the strike price) during the observation period, 20/12/2018 (excl.) - 16/12/2019 (incl.). In this case investors receive the nominal amount.

2. At least one underlying is at or below its barrier during the observation period. However, all underlyings are at or above the strike price on the valuation date. Then, investors receive the nominal amount.

3. At least one underlying has touched or broken the barrier and at least one underlying is below its strike price on the valuation date. Then the redemption amount equals the nominal amount multiplied by the performance of the underlying which had the worst performance.

Price information

Today open99.65
Today high99.65
Today low99.60
Close (previous day)99.65
Spread in %1.00 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)104.20
Low price (52 weeks)51.67

Performance

Performance YTD in %+0.66%
Performance 1 month in %-0.35%
Performance 6 months in %-2.26%
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2019/11/13 12:15:34
Bid Ask
99.10 -
Difference -0.05% (-0.05)

Date: 2019/11/12 22:00:00
Underlying Quote
35.07 USD
Difference -0.51% (-0.18)

General attributes underlying

NameEBAY
ISINUS2786421030
Stock exchange (underlying)NMS
Currency (underlying)USD
Price35.07
Time19/11/12 - 22:00:00
Start value underlying27.9900
Strike27.9900
Barrier13.9950
Barrier distance21.08
Barrier distance in %60.09%
No of shares for redemption-
Today high35.3689
Today low34.97
High price (52 weeks)42.00
Low price (52 weeks)26.01


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

Recent research



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INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.

The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.