Product was called
Repayment day: 08/05/2023
    Multi Callable Barrier Reverse Convertible

    Zurich Insurance Group Ltd, Swiss Re AG, Swiss Life Holding AG, AXA SA, Allianz SE

    Coupon p.a.: 6.0056% | Issuer callable | Devise: CHF | Maturité: 31.07.2023

    Product Overview

    Underlyings
    Key figures
    Bonus amount per interval
    1.50% (15.014 CHF)
    Call interval (in months)
    3
    Distance to Barrier
    Strike
    186.52 EUR
    Barrier
    93.26 EUR (50.00%)
    Ratio
    5.36136
    Strike
    18.30 EUR
    Barrier
    9.15 EUR (50.00%)
    Ratio
    54.64481
    Strike
    406.90 CHF
    Barrier
    203.50 CHF (50.00%)
    Ratio
    2.45761
    Strike
    78.66 CHF
    Barrier
    39.33 CHF (50.00%)
    Ratio
    12.71294
    Strike
    356.20 CHF
    Barrier
    178.10 CHF (50.00%)
    Ratio
    2.80741

    Life Cycle

    Initial FixingFirst trading dateCalledRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

    Like the classic version, Multi Callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barriers. The callable attribute improves the yield because coupons are generally higher than for regular Multi BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.