Product was called
・
Repayment day: 08/05/2023Bonus amount per interval | 2.00% (20.00 EUR) |
Call interval (in months) | 3 |
Call Level | 17.435 EUR (28/04/2023) |
Initial Reference Price | 17.435 EUR |
Low Strike | 15.256 EUR (87.50%) |
Ratio | 65.54798 |
Callable Reverse Convertibles are characterized by pre-determined coupon payments, regardless of the performance of the underlying asset. The callable attribute allows for early redemption under certain circumstances, which is why the coupon is generally higher than for traditional reverse convertibles.