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7.00 % ERSTE Protect Reverse Convertible on BMW AG 19-20

ISIN:
AT0000A28DB8
WKN:
EB0FQ0

2019/06/17 08:07:11
Bid Ask
- 100.00
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingBMW
Price underlying62.56 EUR
Date2019/06/17 12:18:51
Strike Date2019/06/28
Maturity2020/06/28
Coupon7.000%
Strike-
Barrier-
Barrier in %80.00%
Barrier distance-
Barrier distance in %-
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
Advantages Risks you should be aware of

  • Investors receive a fixed coupon of 7.00 % p.a.
  • Additional risk buffer in case of a falling share price of BMW AG.
  • Redemption at 100 % of nominal value if barrier is not touched or broken (also intraday) or if barrier is touched or broken but the share quotes at or above the strike price on the observation date.
  • Erste Group Bank AG will set quotes for this product during the term, nevertheless, is not obliged to it.

  • Profit is capped at 7.00 % p.a. even if the underlying shows a better performance.
  • By an allocation of shares, the value of the shares is less than the face value of the bond, therefore a significant loss can occur. A total loss of invested capital is possible.
  • Delivered shares cause additional costs (e.g. security deposit fees, transaction fees upon sale).
  • During the term fluctuations are possible and premature sale may lead to capital loss. Limitation of trading of this reverse convertible is possible.
  • This Protect 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 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.


2019/06/17 08:07:11
Bid Ask
- 100.00
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingBMW
Underlying ISINDE0005190003
Underlying stock exchangeGER
Underlying currencyEUR
Price underlying62.56 EUR
Date2019/06/17 12:18:51
Issue date2019/06/28
Issue price100.00%
Coupon7.000%
Strike-
Barrier-
Barrier in %80.00%
Barrier distance in %-
Barrier distance-
Barrier reachedno
Number of share for redemption in shares-
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This Protect Reverse Convertible refers to the share of BMW AG (underlying). It has a fixed term (maturity date: 28/06/2020) and a risk buffer (= barrier; "protect"). At maturity investors receive an interest payment of 7.00 % 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, 28/06/2019 (excl.) to 25/06/2020 (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 25/06/2020 (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 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 %-


2019/06/17 08:07:11
Bid Ask
- 100.00
Difference 0.00% (0.00)

Date: 2019/06/17 12:18:51
Underlying Quote
62.56 EUR
Difference +0.16% (0.10)

General attributes underlying

NameBMW
ISINDE0005190003
Stock exchange (underlying)GER
Currency (underlying)EUR
Start value underlying-
Price62.56
Time19/06/17 - 12:18:51
Today high62.86
Today low62.19
High price (52 weeks)87.18
Low price (52 weeks)61.14


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

Recent research



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