Product was called
Repayment day: 19/02/2024
    Callable Barrier Reverse Convertible

    STMicroelectronics NV

    Cedola p.a.: 9,25% | Barriera: 22,465 EUR | Callable (dall'emittente) | Valuta: EUR | Scadenza: 12/08/2024

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    2.31% (23.125 EUR)
    Call interval (in months)
    3
    Strike
    44.93 EUR
    Barrier
    22.465 EUR (50.00%)
    Distance to Barrier
    Ratio
    22.25684

    Life Cycle

    Initial FixingFirst trading dayCalledRedemption

    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.