This product has been repaid
Repayment day: 19/12/2022
Barrier was hit 12/05/2022
    Callable Barrier Reverse Convertible

    Varta AG

    Cedola p.a.: 8,00% | Barriera: 74,20 EUR | Callable (dall'emittente) | Valuta: EUR | Scadenza: 12/12/2022

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    2.00% (20.00 EUR)
    Call interval (in months)
    3
    Strike
    134.90 EUR
    Barrier
    74.20 EUR (55.00%)
    Distance to Barrier
    Ratio
    7.4129

    Life Cycle

    Initial FixingFirst trading dayBarrier hitLast trading dateFinal fixingRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

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