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ERSTE Memory Express Bond on OMV AG 22-27


ISIN:
AT0000A2UWE0
WKN:
EB0F6A

2024/11/01 12:30:26
Bid Ask
90.70 -
Difference 0.30% (0.28)

General attributes

IssuerErste Group Bank AG
Product typeExpress bonds
TypeMemory
CurrencyEUR
UnderlyingOMV
Underlying ISINAT0000743059
Underlying currencyEUR
Price underlying38.34 EUR
Date2024/11/01 12:04:14
Strike Date2022/01/28
Maturity2027/01/31
Strike price48.7416 EUR
Coupon/express payment6.750%
Coupon stylevariable
Coupon barrier33.3424 EUR
Coupon barrier in %65.00%
Current redemption barrier51.2960 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-12.96 EUR
Current redemption barrier distance in %-33.79%
Final redemption barrier31.6820 EUR
Final redemption barrier in %65.00%
Final redemption barrier distance6.66 EUR
Final redemption barrier distance in %17.37%
Nominal amount1,000.00

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Final TermsPDF Download
Key Information DocumentPDF Download

Productnews

2023/06/06

Corporate Action OMV AG

Legal note

This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market. Erste Group Bank AG acts solely in the function as market maker and continues to provide bid and ask prices (but is legally not obliged).
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Our analysts say...


Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

2024/11/01 12:30:26
Bid Ask
90.70 -
Difference 0.30% (0.28)

General attributes

IssuerErste Group Bank AG
Product typeExpress bonds
TypeMemory
CurrencyEUR
Stock exchangeVIE, STU
UnderlyingOMV
Underlying ISINAT0000743059
Underlying stock exchangeVIE
Underlying currencyEUR
Price underlying38.34 EUR
Date2024/11/01 12:04:14
Issue date2022/01/31
Strike Date2022/01/28
Maturity2027/01/31
Strike price48.7416 EUR
Coupon/express payment6.750%
Coupon stylevariable
Coupon barrier33.3424 EUR
Coupon barrier in %65.00%
Current redemption barrier51.2960 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance-12.96 EUR
Current redemption barrier distance in %-33.79%
Final redemption barrier31.6820 EUR
Final redemption barrier in %65.00%
Final redemption barrier distance6.66 EUR
Final redemption barrier distance in %17.37%
No of shares for redemption20
Nominal amount1,000.00
Quantono
First trading day2022/01/31
Last trading day2027/01/25

Express bonds | Description

This memory express bond refers to the share of OMV AG (underlying). It offers an interest payment which depends on the performance of the underlying. The bond has a term of five years, if there is no early redemption. The redemption at maturity depends on the closing price of the underlying on the last valuation date.

Interest payments: Interest of 6.75 % on the nominal amount is paid on the annual interest payment dates (31/01), if the closing price of the underlying at the respective valuation date is at or above the coupon barrier (65.00 % of the strike price). Otherwise, there is no interest payment. If the interest payment has not been triggered at one or several interest payment dates but has been triggered at a later interest payment date, the interest payments of the earlier periods are paid retrospectively (memory function).

Redemption: The bond will be redeemed on 31/01/2027 if there is no automatic early redemption. There is an automatic early redemption, if the closing price of the underlying is at or above the early redemption barrier (100.00 % of the strike price) on one of the valuation dates (24/01/2023, 24/01/2024, 24/01/2025, 26/01/2026). In this case investors receive the respective early redemption amount and the respective interest amount due at this time.

If there is no early redemption the bond will be redeemed at maturity as follows:

  1. If the closing price of OMV AG on the last valuation date (25/01/2027) is at or above the final redemption barrier, the bond is redeemed at 100.00 % of the nominal amount (plus the relevant interest amount).

  2. If the closing price of OMV AG on the last valuation date is below the final redemption barrier, investors receive shares (defined by the ratio of nominal amount / strike price) of the underlying delivered. Fractions of shares are settled in cash. Furthermore, there is no interest payment at maturity.

The issuer and its affiliates may - without being obliged to - act as market maker for the underlying.

Price information

Today open91.40
Today high91.70
Today low91.35
Close (previous day)91.18
Spread in %-
Spread absolute-
Spread harmonised-
High price (52 weeks)96.00
Low price (52 weeks)79.40

Performance

Performance YTD in %+4.56%
Performance 1 month in %-0.36%
Performance 6 months in %+1.81%
Performance 1 year in %+5.22%
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-8.65%


2024/11/01 12:30:26
Bid Ask
90.70 -
Difference 0.30% (0.28)

Date: 2024/11/01 12:04:14
Underlying Quote
38.34 EUR
Difference +0.63% (0.24)

General attributes underlying

NameOMV
ISINAT0000743059
Stock exchange (underlying)VIE
Currency (underlying)EUR
Start value underlying48.7416
Price38.34
Time24/11/01 - 12:04:14
Change in %0.63%
Today high38.54
Today low38.10
High price (52 weeks)48.14
Low price (52 weeks)36.18
Interactive chart


Information about previous performance does not guarantee future performance.
Source: FactSet

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Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

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By agreeing to this hereto, the Interested Party confirms that
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