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Vontobel Fix Kupon Express Anleihe auf EURO STOXX® Banks (II) 20-24


ISIN:
DE000VP17MW2
WKN:
VP17MW

2020/04/27 07:52:46
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
UnderlyingEURO STOXX® Banks
Underlying ISINEU0009658426
Underlying currencyEUR
Price underlying61.43 EUR
Date2020/08/10 14:03:30
Strike Date2020/04/27
Maturity2024/05/07
Strike price52.7100 EUR
Coupon/express payment5.200%
Coupon stylefix
Current redemption barrier52.7100 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance8.72 EUR
Current redemption barrier distance in %14.20%
Final redemption barrier31.6300 EUR
Final redemption barrier in %60.00%
Final redemption barrier distance29.80 EUR
Final redemption barrier distance in %48.51%
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 5.20 % per year
  • Possible early redemption at 100.00 % of nominal amount
  • Risk buffer (final-redemption-barrier of 60.00 %) against a falling EURO STOXX® Banks index
  • A fall of the index price 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 the final valuation date.
  • 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 EURO STOXX® Banks is below the barrier (60.00 %) on the final valuation date, there are losses for the investors. A total loss of invested capital is possible.
  • In case of delivery of ETF units additional costs occur (e.g. securities deposit fee, sales fees).
  • Investors bear the risk of Vontobel Holding AG.
  • The earnings are capped at 20.80 %, even if the index 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.

2020/04/27 07:52:46
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerVontobel Financial Products GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
Stock exchangeFRA, STU
UnderlyingEURO STOXX® Banks
Underlying ISINEU0009658426
Underlying stock exchange-
Underlying currencyEUR
Price underlying61.43 EUR
Date2020/08/10 14:03:30
Issue date2020/04/27
Strike Date2020/04/27
Maturity2024/05/07
Strike price52.7100 EUR
Coupon/express payment5.200%
Coupon stylefix
Current redemption barrier52.7100 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance8.72 EUR
Current redemption barrier distance in %14.20%
Final redemption barrier31.6300 EUR
Final redemption barrier in %60.00%
Final redemption barrier distance29.80 EUR
Final redemption barrier distance in %48.51%
No of shares for redemption-
Nominal amount1,000.00
Quantono
First trading day2020/04/29
Last trading day2024/04/29

Express bonds | Description

This express bond of Vontobel Financial Products GmbH refers to the EURO STOXX® Banks index. Regardless of the performance of the underlying, there is an annual interest payment of 5.20 % p.a. The bond will be redeemed on 07/05/2024 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 redemption barrier on the valuation date (30/04/2021, 02/05/2022, 28/04/2023). Then the early redemption amount of 100.00 % of nominal amount is paid on the early repayment date.

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

1. If the closing price of EURO STOXX® Banks index is at or above the final-redemption-barrier on the last valuation date (29/04/2024), investors receive 100.00 % of the nominal amount plus the interest payment of 5.20 % p.a. for the final year.

2. If the closing price of EURO STOXX® Banks index is below the final-redemption-barrier on the last valuation date, investors receive units of the iShares EURO STOXX Banks 30-15 UCITS ETF determined on the final valuation date plus the interest payment of 5.20% p.a. for the final year. In this case there is a capital loss. The number of deliverable ETF units is calculated as the nominal amount multiplied by the performance of the underlying divided by the net asset value of the ETF. Fractions of units 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/DE000VP17MW2

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 %-


2020/04/27 07:52:46
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2020/08/10 14:03:30
Underlying Quote
61.43 EUR
Difference +0.95% (0.58)

General attributes underlying

NameEURO STOXX® Banks
ISINEU0009658426
Stock exchange (underlying)-
Currency (underlying)EUR
Start value underlying52.7100
Price61.43
Time20/08/10 - 14:03:30
Change in %0.95%
Today high62.42
Today low60.92
High price (52 weeks)102.81
Low price (52 weeks)48.15


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

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