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3,55 % CS Multi Fix Kupon Express Anleihe auf EURO STOXX 50® / Gold 21-26


ISIN:
DE000CS8E028
WKN:
CS8E02

2021/12/23 08:09:10
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerCredit Suisse AG
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
UnderlyingEuro Stoxx 50
GOLD FIXING
Strike Date2021/12/23
Maturity2026/12/29
Coupon/express payment3.550%
Coupon stylefix
Current redemption barrier in %100.00%
Final redemption barrier in %50.00%
Nominal amount1,000.00

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Final TermsPDF Download

Productnews

2023/03/21

Crucial event: important notice on the current situation of Credit Suisse

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Our analysts say...


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

Underlyings

Underlying Name and ISINCurrencyPrice underlyingCurrent red. barrCurr.red. barr. dist %Final red. barr.Final red. barr. dist %
Euro Stoxx 50
EU0009658145		EUR4,207.164,265.8600-1.40%2,132.930049.30%
GOLD FIXING
-		USD1,927.351,805.20006.34%902.600053.17%
Advantages Risks you should be aware of
  • Fixed earnings of 3.55 % per year
  • Possible annual early redemption at 100.00 % of nominal amount
  • Chance of a positive return even with slightly falling underlying prices
  • Additional buffer of 50.00 % in case of of falling underlying prices
  • Credit Suisse Bank (Europe), S.A., Madrid will set quotes for this product during the term without being legally obliged to do so.
  • The risk of capital loss depends on the underlying with the worst performance (worst-of). For this product with worst-of structure despite several underlyings there is no risk diversification by spreading the market risk as for a conventional basket product; instead there is a risk concentration.
  • If the final redemption barrier is broken during the term, capital loss is possible.
  • Investors bear the risk of the issuer Credit Suisse AG.
  • The earnings are capped at 17.75 %, even if the underlyings perform better.
  • During the term the bond price will not vary 1:1 with the underlyings 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 Credit Suisse 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.

2021/12/23 08:09:10
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerCredit Suisse AG
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
Stock exchangeFRA
UnderlyingEuro Stoxx 50
GOLD FIXING
Issue date2021/12/29
Strike Date2021/12/23
Maturity2026/12/29
Coupon/express payment3.550%
Coupon stylefix
Current redemption barrier in %100.00%
Final redemption barrier in %50.00%
Nominal amount1,000.00
Quantono
First trading day2021/12/29
Last trading day2026/12/23

Express bonds | Description

This express bond of Credit Suisse AG refers to the EURO STOXX 50® price index and the LBMA gold fixing p.m. (underlyings). Regardless of the performance of the underlyings, there is an annual interest payment of 3.55 % p.a. The bond will be redeemed on 29/12/2026 if there is no automatic early redemption.

There is an automatic early redemption, if the closing price of EURO STOXX 50® price index and the LBMA gold fixing p.m. are at or above the redemption barrier on one of the valuation dates (23/12/2022, 27/12/2023, 23/12/2024, 23/12/2025). In this case investors receive the respective early redemption amount of 100.00 % of the nominal amount on the early repayment date.

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

  1. If the daily closing price of the EURO STOXX 50® price index and the gold fixing are always at or above the final redemption barrier during the observation period, investors receive 100.00 % of the nominal amount plus the interest payment of 3.55 % for the final year.

  2. The daily closing price of the EURO STOXX 50® price index or the gold fixing quotes below the final redemption barrier during the observation period, however all underlyings quote at or above the strike price on the last valuation date, then the redemption is also at 100.00 % of the nominal amount plus the interest payment of 3.55 % for the final year.

  3. If the daily closing price of the EURO STOXX 50® price index or the gold fixing quotes below the final redemption barrier during the observation period and at least underlying quotes below the strike price on the last valuation date, then the redemption amount equals the nominal amount multiplied by the performance of the underlying with the worst performance (worst-of), plus the interest payment of 3.55 % for the final year. In this case there is a capital loss.


Information on the product during the term can be found on the issuer's website: https://derivative.credit-suisse.com/at/at/de/detail/cs-multi-fix-kupon-express-anleihe-auf-euro-stoxx-50-Gold-21-26/DE000CS8E028/CS8DEX

Price information

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


2021/12/23 08:09:10
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2023/09/22 17:50:00
Underlying Quote
4,207.16 EUR
Difference -0.13% (-5.43)

General attributes underlying

NameEuro Stoxx 50
ISINEU0009658145
Stock exchange (underlying)-
Currency (underlying)-
Price4,207.16
Time23/09/22 - 17:50:00
Start value underlying4,265.8600
Strike price426.8600
Current redemption barrier4,265.8600
Current redemption barrier distance-58.70
Current redemption barrier distance in %-1.40%
Final redemption barrier2,132.9300
Final redemption barrier distance2,074.23
Final redemption barrier distance in %49.30%
No of shares for redemption-
Today high4,218.69
Today low4,178.44
High price (52 weeks)4,491.51
Low price (52 weeks)3,249.57
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Information about previous performance does not guarantee future performance.
Source: FactSet

Know-How

In our know-how area you can find all relevant details on the different types of certificates. The tutorial gives you selected information about the functionality of structured products and assists you in making your investment decision.

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