|Date: 2023/09/25 10:49:47|
|Type of bond||Erste Group structured bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon payment date||2025/11/30|
|Coupon payment period||annually|
|Yield to maturity p.a. (before tax)||-|
|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.|
This bond refers to the STOXX Global Select Dividend 100 Index (the underlying). It has a fixed maturity of seven years and falls due on 30/11/2025 (due date). During the life of the bond no interest accrues, and the investors do not receive any ongoing return (such as for example dividends). The redemption at the end of maturity depends on the performance of the underlying and may amount to a minimum of 100.00 % of nominal value (minimum redemption price) and to a maximum of 150.00 % of nominal value (maximum redemption price). The investor can participate in the positive performance of the underlying up to a cap of 50.00 %. Beyond the cap investors do not participate in the positive performance of the underlying.
During the life of the bond no interest accrues.
|This bond will be redeemed on 30/11/2025.|
|The bond will be issued on a continuous basis and publicly offered in Germany. 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 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.|
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