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Vontobel Fix Kupon Express Bond on Voestalpine AG (II) 19-23


ISIN:
DE000VE3E4T7
WKN:
VE3E4T

2019/11/11 08:01:11
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
UnderlyingVOESTALPINE
Underlying ISINAT0000937503
Underlying currencyEUR
Price underlying24.50 EUR
Date2019/12/11 17:35:28
Strike Date2019/11/26
Maturity2023/12/04
Strike price24.5800 EUR
Coupon/express payment4.000%
Coupon stylefix
Current redemption barrier24.5800 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-0.08 EUR
Current redemption barrier distance in %-0.33%
Final redemption barrier12.2900 EUR
Final redemption barrier in %50.00%
Final redemption barrier distance12.21 EUR
Final redemption barrier distance in %49.84%
Nominal amount1,000.00

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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
  • Fixed earnings of 4.00 % per year
  • Possible early redemption at 100.00 % of nominal amount
  • Risk buffer (final-redemption-barrier of 50.00 %) against a falling share price of voestalpine AG
  • A fall of the share price at or below the barrier during the term has no influence on the redemption at the end of the 4th year, relevant is only the price on last observation day.
  • Bank Vontobel Europe AG will set quotes for this product during the term without being legally obliged to do so.
  • If the closing price of voestalpine AG is at or below the barrier (50.00 %) on the last observation day, there are losses for the investors. A total loss of invested capital is possible.
  • Investors bear the risk of the guarantor Vontobel Holding AG.
  • The earnings are capped at 16.00 %, even if the underlying performs better.
  • During the term the bond price will not vary 1:1 with the underlying and premature sale may lead to capital loss.
  • This express 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.

2019/11/11 08:01:11
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
Stock exchangeFRA, STU
UnderlyingVOESTALPINE
Underlying ISINAT0000937503
Underlying stock exchangeVIE
Underlying currencyEUR
Price underlying24.50 EUR
Date2019/12/11 17:35:28
Issue date2019/11/26
Strike Date2019/11/26
Maturity2023/12/04
Strike price24.5800 EUR
Coupon/express payment4.000%
Coupon stylefix
Current redemption barrier24.5800 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-0.08 EUR
Current redemption barrier distance in %-0.33%
Final redemption barrier12.2900 EUR
Final redemption barrier in %50.00%
Final redemption barrier distance12.21 EUR
Final redemption barrier distance in %49.84%
No of shares for redemption40
Nominal amount1,000.00
Quantono
First trading day2019/11/27
Last trading day2023/11/27

Express bonds | Description

This express bond refers to the share of voestalpine AG. Regardless of the performance of the underlying, there is an annual interest payment of 4.00 % p.a. The bond will be redeemed on 04/12/2023 if there is no automatic early redemption.

There is an automatic early redemption, if the closing price of the underlying is at or above the strike price on the valuation date (27/11/2020, 29/11/2021, 28/11/2022). Then the early redemption amount of 100.00 % is paid on the repayment date.

If the express bond has not been redeemed early, there are two possibilities at maturity:

1. If the closing price of voestalpine AG is above the final-redemption-barrier on the last valuation date (27/11/2023), investors receive the nominal amount (1,000 EUR) plus the interest payment of 4.00 % p.a. for the last year.

2. If the closing price of voestalpine AG is at or below the final-redemption-barrier on the last valuation date (27/11/2023), a predetermined number of shares of the underlying is delivered, in addition the interest rate of 4.00 % p.a. for the final year is paid. Fractions of shares are settled in cash. In this case there is a capital loss.

Information on the product during the term can be found on the issuer's website: https://zertifikate.vontobel.com/DE/Produkt/DE000VE3E4T7

Price information

Today open100.00
Today high100.00
Today low100.00
Close (previous day)100.00
Spread in %0 %
Spread absolute-
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 %-


2019/11/11 08:01:11
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2019/12/11 17:35:28
Underlying Quote
24.50 EUR
Difference +0.25% (0.06)

General attributes underlying

NameVOESTALPINE
ISINAT0000937503
Stock exchange (underlying)VIE
Currency (underlying)EUR
Start value underlying24.5800
Price24.50
Time19/12/11 - 17:35:28
Change in %0.25%
Today high24.62
Today low24.02
High price (52 weeks)31.09
Low price (52 weeks)19.015


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

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