This product has been repaid
Repayment day: 26/12/2023
Repayment amount: 1,000.00 USD
    Callable Barrier Reverse Convertible

    Alcoa Corporation

    Coupon p.a.: 18.50% | Barrier: 21.23 USD | Issuercallable | Currency: USD | Maturity: 18/12/2023

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    4.62% (46.25 USD)
    Call interval (in months)
    3
    Strike
    42.46 USD
    Barrier
    21.23 USD (50.00%)
    Distance to Barrier
    Ratio
    23.55158

    Life Cycle

    Initial FixingFirst trading dayLast 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.