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7.45 % Vontobel Protect Reverse Convertible Bond on Wienerberger AG 19-20


ISIN:
DE000VE4G769
WKN:
VE4G76

2019/12/23 08:11:35
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeReverse convertibles
CurrencyEUR
UnderlyingWIENERBERGER
Price underlying24.50 EUR
Date2020/11/23 17:35:12
Strike Date2019/12/23
Maturity2020/12/30
Coupon7.450%
Strike26.6400 EUR
Barrier21.3100 EUR
Barrier in %80.00%
Barrier reachedyes / 2020/03/06

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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
Advantages Risks you should be aware of
  • Investors receive a fixed coupon of 7.45 % p.a.
  • Additional risk buffer in case of a falling share price of Wienerberger AG.
  • Redemption at 100 % of nominal amount if the barrier is not touched or broken (also intraday) or if the barrier is touched or broken but the underlying quotes at or above the strike price on the valuation date.
  • Bank Vontobel Europe AG will set quotes for this product during the term, nevertheless, is not obliged to it.
  • Profit is capped at 7.45 % 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 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.


2019/12/23 08:11:35
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeReverse convertibles
Stock exchangeFRA, STU
UnderlyingWIENERBERGER
Underlying ISINAT0000831706
Underlying stock exchangeVIE
Underlying currencyEUR
Price underlying24.50 EUR
Date2020/11/23 17:35:12
Issue date2019/12/23
Coupon7.450%
Strike26.6400 EUR
Barrier21.3100 EUR
Barrier in %80.00%
Barrier reachedyes / 2020/03/06
Number of share for redemption in shares37
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This protect reverse convertible bond issued by Vontobel Financial Products GmbH refers to the share of Wienerberger AG (underlying). It has a fixed term (maturity date: 30/12/2020) and a risk buffer (= barrier; "protect"). At maturity investors receive an interest payment of 7.45 % p.a. based on the nominal amount 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, 23/12/2019 (incl.) to 23/12/2020 (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 23/12/2020 (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.

Information on the product during the term can be found on the issuer's website:
https://zertifikate.vontobel.com/DE/Produkt/DE000VE4G769

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 %-


2019/12/23 08:11:35
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2020/11/23 17:35:12
Underlying Quote
24.50 EUR
Difference -0.08% (-0.02)

General attributes underlying

NameWIENERBERGER
ISINAT0000831706
Stock exchange (underlying)VIE
Currency (underlying)EUR
Start value underlying26.6400
Price24.50
Time20/11/23 - 17:35:12
Today high24.98
Today low24.50
High price (52 weeks)28.38
Low price (52 weeks)11.50


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

Recent research



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