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8.25 % ERSTE Protect Reverse Convertible on Infineon Technologies AG 19-20


ISIN:
AT0000A283V0
WKN:
EB0FQK
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General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingINFINEON
Price underlying19.986 EUR
Date2020/06/02 14:20:08
Strike Date2019/05/31
Maturity2020/05/31
Coupon8.250%
Strike16.0840 EUR
Barrier12.8672 EUR
Barrier in %80.00%
Barrier reachedyes / 2020/03/16

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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).

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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General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingINFINEON
Underlying ISINDE0006231004
Underlying stock exchangeGER
Underlying currencyEUR
Price underlying19.986 EUR
Date2020/06/02 14:20:08
Issue date2019/05/31
Coupon8.250%
Strike16.0840 EUR
Barrier12.8672 EUR
Barrier in %80.00%
Barrier reachedyes / 2020/03/16
Number of share for redemption in shares62
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This Protect Reverse Convertible refers to the share of Infineon Technologies AG (underlying). It has a fixed term (maturity date: 31/05/2020) and a risk buffer (= barrier; "protect"). At maturity investors receive an interest payment of 8.25 % p.a. based on the nominal amount (1,000 EUR) regardless of the performance of the underlying.

The repayment of the nominal amount depends on the performance of the underlying.

1. If the underlying is above the barrier (80.00 % of the strike price) throughout the observation period, 31/05/2019 (excl.) to 28/05/2020 (incl.), investors receive 100.00 % of the nominal amount.

2. If the underlying is at or below the barrier at least once during the observation period, also intraday, then the barrier is touched or broken. If the closing price of the underlying is at or above the strike price on 28/05/2020 (valuation date), investors still receive 100.00 % of the nominal amount.

3. If the barrier is touched or broken and the closing price of the underlying is below the strike price on the valuation date, investors receive shares according to the ratio (nominal amount / strike price). Fractions of shares 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

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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Date: 2020/06/02 14:20:08
Underlying Quote
19.986 EUR
Difference +5.99% (1.13)

General attributes underlying

NameINFINEON
ISINDE0006231004
Stock exchange (underlying)GER
Currency (underlying)EUR
Start value underlying16.0840
Price19.986
Time20/06/02 - 14:20:08
Today high20.11
Today low19.45
High price (52 weeks)23.065
Low price (52 weeks)10.132


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

Recent research



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