Banco Santander SA
Coupon p.a.: 6.00%Barrier: 6.111 EUREURMaturity: 26/02/2027
%
EUR Nominal
%
EUR Nominal
Spread
Banco Santander SA: 10.384 EUR|Last Update:
Spread
Banco Santander SA: 10.384 EUR|Last Update:
Coupon (Coupon p.a.) | 6.0333% (6.00%) |
Next Coupon Payment | 6.03% (05/03/2027) |
Accrued Interest | 1.02% (10.167 EUR) |
Yield Max | 9.12% |
Yield Max p.a. | 10.77% |
Strike | 11.11 EUR |
Barrier | 6.111 EUR (55.00%) |
Distance to Barrier | 41.14% |
Ratio | 90.009 |
Barrier Reverse Convertibles (BRCs) are structured products, which are characterized by a fixed coupon and a certain safety buffer. As a result, investors are protected against price setbacks up to the barrier, while the profit potential is limited to the coupon.