Barrier Reverse Convertible
Adidas AG
Coupon p.a.: 8.25% | Barrier: 87.46 EUR | Currency: EUR | Maturity: 19/08/2024%
%
Spread
Adidas AG: 207.43 EUR|Last Update:
Spread
Adidas AG: 207.43 EUR|Last Update:
Coupon (Coupon p.a.) | 10.3125% (8.25%) |
Accrued Interest | 0.73% (7.333 EUR) |
Yield Max | 2.07% |
Strike | 159.02 EUR |
Barrier | 87.46 EUR (55.00%) |
Distance to Barrier | 57.71% |
Ratio | 6.28852 |
Barrier Reverse Convertibles (BRCs) are structured products, which are characterized by a fixed coupon and a certain safety buffer. As a result, investors are protected against price setbacks up to the barrier, while the profit potential is limited to the coupon.