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11.00 % ERSTE Protect Streaming II 20-21


ISIN:
AT0000A2GLN3
WKN:
EB0FWH

2020/09/18 18:25:51
Bid Ask
88.55 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
CurrencyEUR
UnderlyingAMAZON
NETFLIX
SPOTIFY
Strike Date2020/06/29
Maturity2021/06/30
Coupon11.000%
Barrier in %60.00%
Barrier reachedno

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Final TermsPDF Download
Key Information DocumentPDF Download




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

Underlyings

Underlying Name and ISINCurrencyStrikeBarrierPrice underlyingBarrier distance in %No of shares for redemption
AMAZON
US0231351067
USD2,680.38001,608.22802,954.9145.57%-
NETFLIX
US64110L1061
USD447.2400268.3440469.9642.90%-
SPOTIFY
LU1778762911
USD265.1400159.0840233.8931.98%-
Advantages Risks you should be aware of
  • You receive a fixed coupon of 11.00 % p.a. independent of the performance of the underlyings.
  • Additional risk buffer of 40 % in case of falling prices of the underlyings.
  • Chance to profit even if the share price is slightly falling.
  • Erste Group Bank AG will set quotes for this product during the term, but is not obliged to.
  • The exchange rate of the currency of the protect reverse convertible (EUR) and the currency of the underlyings has no direct impact on the redemption amount.
  • There is no capital guarantee for this product.
  • During the term price fluctuations of the reverse convertible are possible and premature sales may lead to capital loss. Limited trading of the product is possible.
  • The earnings are capped at 11.00 % p.a. even if the underlyings have a better performance.
  • The investor bears the issuer risk of Erste Group Bank AG.
  • In case the redemption is below 100.00 % of the nominal amount, capital loss may occur. A total loss of invested capital is possible.

Secondary market

The bond will be issued on a continuous basis and publicly offered in Germany, Austria, Romania and Croatia. 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 the unofficial market of Stuttgarter Wertpapierbörse (Baden-Württembergische Wertpapierbörse) and Börse Wien 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.


2020/09/18 18:25:51
Bid Ask
88.55 -
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeReverse convertibles
Stock exchangeVIE, STU
UnderlyingAMAZON
NETFLIX
SPOTIFY
Issue date2020/06/30
Issue price100.00%
Coupon11.000%
Barrier in %60.00%
Barrier reachedno
Quantono
Nominal amount1,000.00
CurrencyEUR

Reverse convertibles | Description

This protect reverse convertible refers to the shares of Amazom.com, NETFLIX INC and Spotify Technology SA. The protect reverse convertible has a fixed term (maturity date: 30/06/2021) and a risk buffer (= barrier; "protect").

At maturity investors receive an interest payment of 11.00 % p.a. based on the nominal amount (EUR 1,000), regardless of the performance of the underlyings.

The repayment of the nominal value at maturity depends on the performance of the underlyings during the observation period.

The reverse convertible is redeemed at 100.00 % of nominal amount as long as

- the daily closing price of each underlying does not touch or fall below the barrier during the observation period. This ist also valid, if the final reference price of at least one underlying is below the strike price on the valuation date, but above the barrier.

- at least one underlying touches or falls below the barrier, but the final reference price of all underlyings on the valuation date is equal to or higher than the strike price.

If the closing price of at least one underlying is below its respective barrier at least once during the observation period, then investors receive a redemption amount that equals the nominal amount multiplied by the performance of the underlying which had the worst performance. In this case, the redemption amount can be below the nominal amount or even be zero, whereas the maximum amount for redemption is 100.00 % of nominal amount.

Price information

Today open89.05
Today high89.05
Today low89.05
Close (previous day)89.05
Spread in %1.12 %
Spread absolute1.00
Spread harmonised-
High price (52 weeks)100.00
Low price (52 weeks)87.30

Performance

Performance YTD in %-
Performance 1 month in %-6.75%
Performance 6 months in %-
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


2020/09/18 18:25:51
Bid Ask
88.55 -
Difference 0.00% (0.00)

Date: 2020/09/18 22:00:00
Underlying Quote
2,954.91 USD
Difference -1.79% (-53.82)

General attributes underlying

NameAMAZON
ISINUS0231351067
Stock exchange (underlying)NMS
Currency (underlying)USD
Price2,954.91
Time20/09/18 - 22:00:00
Start value underlying2,680.3800
Strike2,680.3800
Barrier1,608.2280
Barrier distance1,346.68
Barrier distance in %45.57%
No of shares for redemption-
Today high3,037.80
Today low2,905.54
High price (52 weeks)3,552.25
Low price (52 weeks)1,626.0318


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

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