This product has been terminated
Ordinary termination day: 06/02/2020
Repayment day: 13/02/2020
    Barrier Reverse Convertible with Conditional Coupon

    EURO STOXX 50® Index

    Cedola p.a.: 5,60% | Barriera: 1.867,21 EUR | Autocallable  | Memoria | Step Down | Valuta: EUR | Scadenza: 06/02/2024

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    5.60% (56.00 EUR)
    Call interval (in months)
    12
    Call Level
    ()
    Coupon Level
    2,715.936 EUR (06/02/2024)
    Strike
    3,394.92 EUR
    Barrier
    1,867.21 EUR ()
    Distance to Barrier
    Ratio
    0.29456

    Life Cycle

    Initial FixingFirst trading dateRedemption

    Product Information

    Key Information Document
    Termsheet

    About this product

    The uniqueness of Barrier Reverse Convertibles with conditional coupon lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying asset and thus conditional. To receive a coupon payment, the price of the underlying asset must trade at or above the respective coupon levels on the pre-determined observation dates. Like traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.