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15.50 % Vontobel Protect Österreich 20-21


ISIN:
DE000VP11FV1
WKN:
VP11FV1

2020/04/24 07:35:28
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeReverse convertibles
CurrencyEUR
UnderlyingOMV
ERSTE GROUP
RAIFFEISEN INT.
Strike Date2020/04/27
Maturity2021/05/04
Coupon15.500%
Barrier in %60.00%
Barrier reachedno

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Final TermsPDF 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
OMV
AT0000743059
EUR26.700016.020029.3645.44%37
ERSTE GROUP
AT0000652011
EUR18.200010.920024.4855.39%54
RAIFFEISEN INT.
AT0000606306
EUR15.43009.260016.6544.38%64
Advantages Risks you should be aware of
  • Investors receive a fixed coupon of 15.50 % p.a.
  • Additional risk buffer of 40.00 % in case of falling prices of the underlyings.
  • Vontobel Europe AG will set quotes for this product during the term, but is not obliged to.
  • Chance to make a profit even if underlying prices are slightly falling.
  • The earnings are capped at 15.50 % p.a. even if the underlyings perform better.
  • The risk of capital loss depends on the underlying with the worst performance (worst-of). For this product with worst-of structure despite several underlyings there is no risk diversification by spreading the market risk as for a conventional basket product; instead there is a risk concentration.
  • If according to the repayment terms shares are delivered upon maturity, capital loss may occur. Additionally, there are additional costs (e.g. security deposit fee, sales fees)
  • During the term price fluctuations of the bond are possible and premature sales may lead to capital loss. Limited trading of the bond is possible.
  • This protect reverse convertible bond is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Vontobel Holding AG may not be able to meet its obligations arising from the bond 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.


2020/04/24 07:35:28
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeReverse convertibles
Stock exchangeFRA, STU
UnderlyingOMV
ERSTE GROUP
RAIFFEISEN INT.
Issue date2020/04/27
Coupon15.500%
Barrier in %60.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This protect reverse convertible bond (worst-of) issued by Vontobel Financial Products GmbH refers to the shares of Erste Group Bank AG, OMV AG and Raiffeisen Bank International AG (underlyings). The bond has a term of one year (maturity 04/05/2021) and a risk buffer (=barrier; "protect").

Investors receive a fixed coupon of 15.50 % p.a. on the nominal amount upon maturity, regardless of the performance of the underlyings.

The repayment 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, 27/04/2020 (incl.) - 27/04/2021 (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 at or above the strike price. In this case investors receive the nominal amount.

3. The barrier was touched or broken by 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 with the worst performance (worst-of) are delivered according to the ratio. Fractions of a share are settled in cash.

Information on the product during the term can be found on the issuer's website: 
https://zertifikate.vontobel.com/DE/Produkt/DE000VP11FV1

Price information

Today open100.00
Today high100.00
Today low100.00
Close (previous day)100.00
Spread in %0 % %
Spread absolute0.00
Spread harmonised-
High price (52 weeks)100.00
Low price (52 weeks)100.00

Performance

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 %-


2020/04/24 07:35:28
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2020/12/03 12:18:31
Underlying Quote
29.36 EUR
Difference -0.68% (-0.20)

General attributes underlying

NameOMV
ISINAT0000743059
Stock exchange (underlying)VIE
Currency (underlying)EUR
Price29.36
Time20/12/03 - 12:18:31
Start value underlying26.7000
Strike26.7000
Barrier16.0200
Barrier distance13.34
Barrier distance in %45.44%
No of shares for redemption37
Today high29.84
Today low28.80
High price (52 weeks)51.82
Low price (52 weeks)16.325


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

Recent research



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