Product was called
Repayment day: 20/05/2024
    Barrier Reverse Convertible with Conditional Coupon

    Apple Inc.

    Coupon p.a.: 8.35% | Barrière: 129.801 USD | Autocallable | Memory | Devise: USD | Maturité: 13.11.2025

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    0.69% (6.964 USD)
    Call interval (in months)
    1
    Call Level
    185.43 USD (13/05/2024)
    Coupon Level
    129.801 USD (13/08/2024)
    Strike
    185.43 USD
    Barrier
    129.801 USD (70.00%)
    Distance to Barrier
    Ratio
    5.39287

    Life Cycle

    Initial FixingFirst trading dateCalledRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

    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.