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Erste Group EURO STOXX® Banks Express Bond V 2018-2023


ISIN:
AT0000A23QU1
WKN:
EB0FKN

2021/02/25 15:10:31
Bid Ask
100.90 -
Difference 1.09% (1.10)

General attributes

IssuerErste Group Bank AG
Product typeExpress bonds
TypeClassic
CurrencyEUR
UnderlyingEURO STOXX® Banks
Underlying ISINEU0009658426
Underlying currencyEUR
Price underlying86.67 EUR
Date2021/02/25 15:18:00
Strike Date2018/10/29
Maturity2023/10/30
Strike price97.0100 EUR
Coupon/express payment6.250%
Coupon stylevariable
Current redemption barrier97.0100 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-10.34 EUR
Current redemption barrier distance in %-11.93%
Final redemption barrier58.2060 EUR
Final redemption barrier in %60.00%
Final redemption barrier distance28.46 EUR
Final redemption barrier distance in %32.84%
Nominal amount1,000.00

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Final TermsPDF Download
Key Information DocumentPDF Download


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).


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

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

2021/02/25 15:10:31
Bid Ask
100.90 -
Difference 1.09% (1.10)

General attributes

IssuerErste Group Bank AG
Product typeExpress bonds
TypeClassic
CurrencyEUR
Stock exchangeVIE, STU
UnderlyingEURO STOXX® Banks
Underlying ISINEU0009658426
Underlying stock exchange-
Underlying currencyEUR
Price underlying86.67 EUR
Date2021/02/25 15:18:00
Issue date2018/10/30
Strike Date2018/10/29
Maturity2023/10/30
Strike price97.0100 EUR
Coupon/express payment6.250%
Coupon stylevariable
Current redemption barrier97.0100 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-10.34 EUR
Current redemption barrier distance in %-11.93%
Final redemption barrier58.2060 EUR
Final redemption barrier in %60.00%
Final redemption barrier distance28.46 EUR
Final redemption barrier distance in %32.84%
No of shares for redemption-
Nominal amount1,000.00
Quantono
First trading day2018/10/30
Last trading day2023/10/23

Express bonds | Description

This Express-Bond refers to the EURO STOXX® Banks Price Index. The bond will be redeemed on 30/10/2023 if there is no automatic early redemption.

The EURO STOXX® Banks Price Index is an equity index containing 27 large stock-exchange listed financial institutions in Europe. The index represents companies with a market capitalization of 550 Billion EUR. Further information on the index can be found at https://www.stoxx.com/index-details?symbol=sx7e.

There is an automatic early redemption, if the closing price of the EURO STOXX® Banks Price Index is at or above the redemption barrier on one of the valuation dates. In this case investors receive the respective early redemption amount (100.00 % + 6.25 % for each year) on the repayment date (30/10).

If the Express-Bond has not been redeemed on any of the previous early repayment dates, there are two possibilities at maturity:

1. If the closing price of the EURO STOXX® Banks Price Index is at or above the final-redemption-barrier on the last valuation date (23/10/2023), then investors receive the nominal amount of 100 % + 31.25 % (equals 5 x 6.25 %).

2. If the closing price of the EURO STOXX® Banks Price Index is below the final-redemption-barrier on the last valuation date (23/10/2023) then investors receive a redemption amount according to the performance of the index. There is no interest payment at maturity. In this case there is a capital loss.

Price information

Today open100.55
Today high101.90
Today low100.55
Close (previous day)100.55
Spread in %0 %
Spread absolute-
Spread harmonised-
High price (52 weeks)100.60
Low price (52 weeks)46.60

Performance

Performance YTD in %+7.48%
Performance 1 month in %+8.94%
Performance 6 months in %+27.04%
Performance 1 year in %-0.05%
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2021/02/25 15:10:31
Bid Ask
100.90 -
Difference 1.09% (1.10)

Date: 2021/02/25 15:18:00
Underlying Quote
86.67 EUR
Difference +2.08% (1.77)

General attributes underlying

NameEURO STOXX® Banks
ISINEU0009658426
Stock exchange (underlying)-
Currency (underlying)EUR
Start value underlying97.0100
Price86.67
Time21/02/25 - 15:18:00
Change in %2.08%
Today high87.00
Today low85.36
High price (52 weeks)94.85
Low price (52 weeks)48.15


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

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Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

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By agreeing to this hereto, the Interested Party confirms that
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