|Date: 2022/12/02 17:29:46|
|Type of bond||Erste Group structured bonds|
|Issuer type||financial institution|
|Country of issue||AT|
|Coupon payment date||2023/09/30|
|Coupon payment period||annually|
|Yield to maturity p.a. (before tax)||-|
Initial value: ERSTE Garant Global ESG Leaders 20-32 (AT0000A2JAG4)
|Advantages||Risks you should be aware of|
This bond refers to the STOXX® Global ESG LEADERS Select 50 Price Index (the underlying). It has a fixed maturity of twelve years and falls due on 30/09/2032 (due date). During maturity there is an annual interest rate of 0.10 % p.a., 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 120.00 % of nominal value (maximum redemption price). The investor can participate in the positive performance of the underlying up to a cap of 20.00 %. Beyond the cap investors do not participate in the positive performance of the underlying.
During maturity there is an annual interest rate of 0.10 % p.a.
|This bond will be redeemed on 30/09/2032.|
|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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