Product was called
Repayment day: 23/05/2022
    Callable Barrier Reverse Convertible

    Novartis AG

    Coupon p.a.: 4.0044% | Barriere: 64.39 CHF | Issuercallable | Währung: CHF | Laufzeit: 15.08.2022

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    1.00% (10.011 CHF)
    Call interval (in months)
    3
    Strike
    80.49 CHF
    Barrier
    64.39 CHF (80.00%)
    Distance to Barrier
    Ratio
    12.4239

    Life Cycle

    Initial FixingFirst trading dayCalledRedemption

    Product Information

    Key Information Document
    Termsheet
    Base Prospectus

    About this product

    Like the classic version, callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barrier. The callable attribute improves the yield because coupons are generally higher than for regular BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.