Multi Callable Barrier Reverse Convertible Bayerische Motoren Werke AG, Dr. Ing. H.c. F. Porsche AG, Mercedes-Benz Group AG, Porsche Automobil Holding SE, Volkswagen AG Coupon p.a.: 12.00% · Issuercallable · EUR · Maturity: 20/09/2027

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.