Multi Callable Barrier Reverse Convertible
Zurich Insurance Group Ltd, Roche Holding AG, Geberit AG, ABB/Accelleron Basket
Coupon p.a.: 6.25% | Issuercallable | Currency: CHF | Maturity: 08/04/2024%
%
Spread
Spread
Bonus amount per interval | 1.56% (15.625 CHF) |
Call interval (in months) | 3 |
Distance to Barrier | 13.41% |
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.