Product was called
・
Repayment day: 11/12/2023Bonus amount per interval | 2.75% (27.50 CHF) |
Call interval (in months) | 3 |
Distance to Barrier | – |
Graph | Underlying | Price (indicative) | Last Closing Price (indicative) | Performance | |
---|---|---|---|---|---|
- | Partners Group Holding AG | 1,293.8891 CHF | |||
- | Swiss Life Holding AG | 708.3879 CHF | |||
- | Zurich Insurance Group Ltd | 528.6814 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.