Product was called
・
Repayment day: 24/09/2024Bonus amount per interval | 2.06% (20.625 EUR) |
Call interval (in months) | 3 |
Strike | 29.39 EUR |
Barrier | 19.104 EUR (65.00%) |
Distance to Barrier | – |
Ratio | 34.02518 |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | AXA SA | 33.645 EUR |
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.