Commerzbank AG
Coupon p.a.: 7.00%Strike: 26.40 EUREURLow StrikeMaturity: 16/04/2027
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EUR Nominal
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EUR Nominal
Spread
Commerzbank AG: 38.64 EUR|Last Update:
Spread
Commerzbank AG: 38.64 EUR|Last Update:
Coupon (Coupon p.a.) | 7.0389% (7.00%) |
Next Coupon Payment | 7.03% (23/04/2027) |
Accrued Interest | 1.21% (12.056 EUR) |
Yield Max | 5.78% |
Yield Max p.a. | 6.85% |
Distance to Strike | 31.67% |
Initial Reference Price | 35.20 EUR |
Low Strike | 26.40 EUR (75.00%) |
Ratio | 37.87879 |
Reverse convertibles are structured products that perform particularly well in sideways or slightly down markets. Due to the fixed coupon, a positive return can be achieved even in such markets. However, the upside potential is limited to the coupon.