This product has been repaid
Repayment day: 02/05/2023
Repayment amount: 485.457 EUR
Barrier was hit 24/04/2023
    Multi Barrier Reverse Convertible with Conditional Coupon

    Duerr AG, Valeo SE, Volkswagen AG, Continental AG, Bayerische Motoren Werke AG, Mercedes-Benz Group AG

    Coupon p.a.: 20.3892% | Autocallable | Memory | Währung: EUR | Laufzeit: 24.04.2023

    Product Overview

    Underlyings
    Key figures
    Bonus amount per interval
    5.09% (50.973 EUR)
    Call interval (in months)
    3
    Distance to Barrier

    Life Cycle

    Initial FixingFirst trading dateBarrier hitLast trading dateFinal fixingRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

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