Banco Santander SA
Coupon p.a.: 9.00%Barrier: 7.672 EUREURMaturity: 19/07/2027
%
EUR Nominal
%
EUR Nominal
Spread
Banco Santander SA: 12.860 EUR|Last Update:
Spread
Banco Santander SA: 12.860 EUR|Last Update:
Coupon (Coupon p.a.) | 9.10% (9.00%) |
Next Coupon Payment | 9.10% (26/07/2027) |
Accrued Interest | 1.32% (13.25 EUR) |
Yield Max | 7.36% |
Yield Max p.a. | 8.41% |
Strike | 11.803 EUR |
Barrier | 7.672 EUR (65.00%) |
Distance to Barrier | 40.34% |
Ratio | 84.72422 |
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.