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6.00 % ERSTE Protect Multi Deutschland (II) 19-20

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Bid Ask
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Difference - (-)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Strike Date2019/09/27
Barrier in %60.00%
Barrier reachedyes / 2020/03/18

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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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General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
Issue date2019/09/30
Barrier in %60.00%
Barrier reachedyes / 2020/03/18
Nominal amount1,000.00

Reverse convertibles | Description

This protect multi reverse convertible bond refers to the shares of adidas AG, Infineon Technologies AG and Siemens AG (underlyings). The bond has a term of one year (maturity 30/09/2020) and a risk buffer (=barrier; "protect").

Investors receive regardless of the performance of the underlyings a fixed coupon of 6.00 % p.a. on the nominal value (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, 27/09/2019 (excl.) - 23/09/2020 (incl.). In this case investors receive the nominal amount.

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

3. The barrier was reached or broken of at least one underlying and the closing price of at least one underlying is below the strike price on the valuation date. In this case shares of the underlying, which had the worst performance, are delivered according to the ratio. Fractions of a share are settled in cash.

Price information

Today open-
Today high-
Today low-
Close (previous day)-
Spread in %1.02 %
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: 2020/10/20 17:35:04
Underlying Quote
281.60 EUR
Difference -0.88% (-2.50)

General attributes underlying

Stock exchange (underlying)GER
Currency (underlying)EUR
Time20/10/20 - 17:35:04
Start value underlying285.1000
Barrier distance-
Barrier distance in %-
No of shares for redemption3
Today high285.30
Today low281.20
High price (52 weeks)317.45
Low price (52 weeks)162.20

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

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