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ERSTE Bonus Pro Bond on Porsche AG 23-24


ISIN:
AT0000A345R5
WKN:
EB09S8

2024/03/28 12:40:33
Bid Ask
78.85 79.85
Difference -0.81% (-0.65)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingPORSCHE AG
Price underlying93.30 EUR
Date2024/03/28 12:38:14
Strike Date2023/05/30
Maturity2024/05/31
Coupon0.000%
Strike117.0000 EUR

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Legal note

This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market. Erste Group Bank AG acts solely in the function as market maker and continues to provide bid and ask prices (but is legally not obliged).


Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG

Secondary market

The bond will be issued on a continuous basis and publicly offered in Germany and Austria. From the issue date onwards the bond can basically be traded on a stock exchange or over-the-counter. Under normal trading conditions the issuer will continuously quote indicative prices. Listing at Börse Wien and at unofficial market of Stuttgarter Wertpapierbörse (Baden-Württembergische Wertpapierbörse) is scheduled. The decision about the admission to the respective market and the actual listing will be taken by the board of the respective stock exchanges. From admission onwards the bond can be traded on each stock exchange during trading hours.

 

2024/03/28 12:40:33
Bid Ask
78.85 79.85
Difference -0.81% (-0.65)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingPORSCHE AG
Underlying ISINDE000PAG9113
Underlying stock exchangeGER
Underlying currencyEUR
Price underlying93.30 EUR
Date2024/03/28 12:38:14
Issue date2023/05/31
Issue price100.00%
Coupon0.000%
Strike117.0000 EUR
Number of share for redemption in shares8
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This bonus pro bond refers to the share of Erste Group Bank AG (underlying). It has a fixed term of one year and a  possible yield of 22 % upon maturity. No interest will be paid during the term. 

The redemption at 122 % (= 100% nominal amount + 22 % bonus) upon maturity depends on the performance of the underlying.

  1. The underlying is at or above the strike price on the valuation date (24/05/2025). Then investors receive the redemption rate of 122 %.

  2. The underlying is below the strike price on the valuation date. Then investors receive shares of Dr. Ing. h.c. F. Porsche AG according to the ratio (nominal amount / strike). Fractions of shares are settled in cash. In this case there is a capital loss.

Price information

Today open80.20
Today high80.35
Today low79.25
Close (previous day)80.00
Spread in %1.25 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)-
Low price (52 weeks)-

Performance

Performance YTD in %+18.34%
Performance 1 month in %+12.36%
Performance 6 months in %+6.10%
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-20.75%


2024/03/28 12:40:33
Bid Ask
78.85 79.85
Difference -0.81% (-0.65)

Date: 2024/03/28 12:38:14
Underlying Quote
93.30 EUR
Difference -0.30% (-0.28)

General attributes underlying

NamePORSCHE AG
ISINDE000PAG9113
Stock exchange (underlying)GER
Currency (underlying)EUR
Start value underlying117.0000
Price93.30
Time24/03/28 - 12:38:14
Today high94.42
Today low93.10
High price (52 weeks)120.80
Low price (52 weeks)72.12


Information about previous performance does not guarantee future performance.
Source: FactSet

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