Universal Music Group N.V., Spotify Technology S.A.

    Coupon p.a.: 12.00%  |  Issuercallable  |  Currency: USD  |  Maturity: 18/08/2025

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    USD Nominal

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    USD Nominal

    Product Overview

    Key figures

    Bonus amount per interval
    3.00% (30.00 USD)
    Call interval (in months)
    3
    Distance to Barrier
    53.85%

    Life Cycle

    • Initial Fixing
    • First trading day
    • Today
    • Last trading date
    • Final fixing
    • Redemption
    GraphUnderlyingPrice (indicative)Last Closing Price (indicative)Performance
    -Spotify Technology S.A.Price (indicative)
    Last Closing Price (indicative)463.5060 USDPerformance+5.36%
    -Universal Music Group N.V.Price (indicative)
    Last Closing Price (indicative)23.94 EURPerformance+1.21%

    Product Information

    About this product

    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.