Spotify Technology S.A.
Coupon p.a.: 14.20%Strike: 438.65 USDUSDLow StrikeMaturity: 14/12/2026
%
USD Nominal
%
USD Nominal
Spread
Spotify Technology S.A.: 477.94 USD|Last Update:
Spread
Spotify Technology S.A.: 477.94 USD|Last Update:
Coupon (Coupon p.a.) | 10.6894% (14.20%) |
Next Coupon Payment | 3.55% (21/09/2026) |
Accrued Interest | 1.18% (11.833 USD) |
Yield Max | 10.52% |
Yield Max p.a. | 24.59% |
Distance to Strike | 8.22% |
Initial Reference Price | 516.06 USD |
Low Strike | 438.65 USD (85.00%) |
Ratio | 2.27972 |
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.