Product was called
・
Repayment day: 22/05/2023Bonus amount per interval | 4.50% (45.00 EUR) |
Call interval (in months) | 3 |
Distance to Barrier | – |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | Air France-KLM | 8.134 EUR | |||
- | Deutsche Lufthansa AG | 6.207 EUR |
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.