Product was called
Repayment day: 19/09/2022
    Callable Barrier Reverse Convertible

    Mercedes-Benz Group AG

    Kupon p.a.: 6,75% | Barriere: 48,26 EUR | Issuercallable | Währung: EUR | Laufzeit: 12.06.2023

    Product Overview

    Underlying
    Key figures
    Bonus amount per interval
    1.68% (16.875 EUR)
    Call interval (in months)
    3
    Strike
    74.25 EUR
    Barrier
    48.26 EUR (65.00%)
    Distance to Barrier
    Ratio
    13.46801

    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.