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Deutsche Lufthansa AG: 8.128 EUR|Last Update:
Bonus amount per interval | 10.20% (102.00 EUR) |
Call interval (in months) | 12 |
Next Coupon Payment | 10.20% (27/01/2027) |
Next Coupon Ex-Date | 21/01/2027 |
Call Level | 9.58 EUR (20/01/2027) |
Coupon Level | 5.748 EUR (20/01/2027) |
Strike | 9.58 EUR |
Barrier | 5.748 EUR (60.00%) |
Distance to Barrier | 29.28% |
Ratio | 104.38413 |
The uniqueness of Barrier Reverse Convertibles with conditional coupon lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying asset and thus conditional. To receive a coupon payment, the price of the underlying asset must trade at or above the respective coupon levels on the pre-determined observation dates. Like traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.