Product was called
・
Repayment day: 11/03/2024Bonus amount per interval | 1.87% (18.75 CHF) |
Call interval (in months) | 3 |
Distance to Barrier | – |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | Novartis/Sandoz Basket | – | – | ||
- | Swiss Re AG | 139.5575 CHF | |||
- | Zurich Insurance Group Ltd | 556.0730 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.