Bank Austria’s new Floater-Obligation 2013–2015 Serie 64 bond offers an attractive interest rate and security of capital at maturity
The 2-year floater bond with a short term and a variable interest rate meets the needs of corporate investments but is also suitable for private customers who are interested in a short-term investment. The interest rate will be adjusted to the 3-month EURIBOR plus 0.4 percentage points p.a.1) on a quarterly basis over the entire term of the bond and paid every quarter. The Floater-Obligation 2013–2015 Serie 64 bond is denominated in units of EUR 1,000. The minimum investment is EUR 3,000. With this bond, investors will be able to invest their money at an above market interest rate for a reasonable period of time while benefiting from a possible increase of the 3-month EURIBOR. If investors expect the 3-month EURIBOR to be constant or to rise in the next two years, the floater bond will be the right investment.
Security for capital and interest
Interest on the floater bond will be paid on a quarterly basis on specified dates. The floater bond will be repaid at the nominal value of 100 per cent only at the end of the term pursuant to the conditions of issue. Bank Austria is liable with its entire assets for the payment of interest and capital. The bond may be sold at the relevant price before maturity; the market price is influenced by market interest rate levels, liquidity, the debtor’s rating, and by the laws of supply and demand. Even if the investment is held for only a short time there is a risk that investors may get back less than the amount originally invested.
Enquiries: Bank Austria Media Relations Austria
Matthias Raftl, tel. +43 (0) 50505 52809
Details of the issue:
Floater-Obligation 2013–2015 Serie 64 of UniCredit Bank Austria AG
from 11 March 2013, continuous issue
EUR 1,000 (minimum investment EUR 3,000)
2 years (11 March 2013 to 10 March 2015)
3-month EURIBOR + 0.4 percentage points p.a.
Interest rates are adjusted to the 3-month EURIBOR (according to Reuters site EURIBOR01) on a quarterly basis two business days before the new interest period.
on 11 June, 11 September, 11 December and 11 March of every year, with the first payment due on 11 June 2013
on 11 March 2015 at 100 %
An application is being filed for a listing on the Third Market of the Vienna Stock Exchange (Wiener Börse)
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This security is a continuous issue under the base prospectus published for the offering programme of UniCredit Bank Austria AG covering the issue of non-equity securities pursuant to Section 1 (1) 4b of the Austrian Capital Markets Act (Kapitalmarktgesetz – KMG)
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At the current market price
1) Based on the nominal value of 100%. Taxation: 25% Austrian capital yields tax (Kapitalertragsteuer – KESt) will be deducted by the bank from interest income (final taxation) of private and business assets of individual investors with unlimited tax liability in Austria, and of specific corporate investors with limited tax liability in Austria. An additional 25% Austrian capital gains tax will be deducted from realised capital gains. Interest income and capital gains of corporate investors with unlimited tax liability in Austria are subject to 25% Austrian corporation tax (Körperschaftsteuer – KöSt). It should be noted that the tax treatment depends on an investor’s personal circumstances and that information is provided on the basis of the current legal situation, which may be subject to change.
This information does not constitute investment advice or a recommendation. Nor does it in particular constitute an offer or solicitation to buy or sell this floater bond. It is provided only as initial information and cannot replace advice tailored to the investor’s knowledge and specific circumstances. Every investment of capital involves a degree of risk. Your relationship manager will be pleased to provide you with further details of the Floater- Obligation 2013-2015 Serie 64 bond of UniCredit Bank Austria. This information does not constitute a prospectus within the meaning of the Austrian Capital Markets Act (Kapitalmarktgesetz – KMG). The only legally binding and relevant information is that which is provided in the published final terms and conditions of the Base Prospectus of 26 June 2012 including any amendments and additions. The final terms and conditions and the Base Prospectus, together with any subsequent additions thereto, have been published and are available at www.bankaustria.at, from UniCredit Bank Austria AG, Schottengasse 6-8, A-1010 Vienna, and in branches of UniCredit Bank Austria AG.