Iberdrola SA
Coupon p.a.: 4.75%Barrier: 13.979 EURIssuercallableEURMaturity: 30/07/2027
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EUR Nominal
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EUR Nominal
Spread
Iberdrola SA: 19.205 EUR|Last Update:
Spread
Iberdrola SA: 19.205 EUR|Last Update:
Bonus amount per interval | 1.18% (11.875 EUR) |
Call interval (in months) | 3 |
Next Call Date | 01/02/2027 |
Next Coupon Payment | 1.18% (06/08/2026) |
Next Coupon Ex-Date | 04/08/2026 |
Strike | 19.97 EUR |
Barrier | 13.979 EUR (70.00%) |
Distance to Barrier | 27.21% |
Ratio | 50.07511 |
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.