Product was called
・
Repayment day: 05/07/2023Bonus amount per interval | 2.56% (25.625 CHF) |
Call interval (in months) | 3 |
Distance to Barrier | – |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | Alcon Inc. | 83.8362 CHF | |||
- | Lonza Group AG | 613.9852 CHF | |||
- | Sonova Holding AG | 309.7982 CHF |
Like the classic version, Multi Callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barriers. The callable attribute improves the yield because coupons are generally higher than for regular Multi BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.