Banking on the earnings opportunities of the EURO STOXX 50® Index with capital security:
The new Bank Austria GarantAnleihe on the EURO STOXX 50® Index
- The new Bank Austria GarantAnleihe 2016-2023 Serie 118 offers earnings opportunities of either 14 or 28 percent over the whole term depending on the performance of the index
- Capital security thanks to repayment of at least 100 percent of the nominal value at the end of the term
- The capital is invested for a total of 7 years, and the bond can be sold under normal market conditions at its current price
The EURO STOXX 50® (Price) Index (EUR) is the underlying instrument for the current Bank Austria GarantAnleihe. Calculated in Euro, it comprises the price development of the 50 largest companies in the Eurozone. Investors participate in any positive performance of internationally renowned companies from different countries and sectors in the Eurozone.
Christian Noisternig, Bank Austria Head of the department Private Customers, Corporate Customers and Independent Professions: "With the new Bank Austria GarantAnleihe on the EURO STOXX 50® Index we offer investors the chance to benefit easily from interesting opportunities on the equity market in these times of low interest rates and to participate in the positive performance of the leading European share index. The integrated capital security limits the term-end risk within the meaning of a security-oriented investment."
EURO STOXX 50® has recently responded strongly to the current challenging economic conditions and thus offers long-term opportunities for any renewed positive development of the share price, if the fundamental strengths of the companies will prevail again. The Bank Austria GarantAnleihe offers the opportunity to participate in such a positive trend.
When valuating performance, the closing price of the index is determined on the value observation date at the beginning of the term and on the value observation date at the end of the term. The closing price on the observation date at the end of term is compared to the closing price on the observation date at the beginning of the term. Consequently, the following repayment options exist:
Positive performance of the index:
In the event the closing price at the end of term has increased by up to 14 percent compared to the beginning of term, the investor is repaid at the amount of EUR 1140 per bond. If the positive performance exceeds 14 percent, the fixed repayment amount is EUR 1280 per bond.
Capital security even if the performance of the index is negative:
In the event the closing price at the end of the term has dropped compared to the beginning of the term, the capital security takes effect and the investor is repaid at the nominal value of EUR 1000 per bond. The maximum repayment amount is EUR 1280 per bond. The capital is invested for a total of 7 years, and the bond can be sold under normal market conditions at its current price. The underlying instrument is a price index. This means that the dividend payments of the companies included in the index are not integrated in the calculation of the index.
Details on the issue:
Bank Austria GarantAnleihe 2016-2023 Serie 118 on the EURO STOXX 50® Index
Issuer: UniCredit Bank Austria AG
Underlying instrument: EURO STOXX 50® (Price) Index (EUR), ISIN: EU0009658145
Bloomberg Code: SX5E Index
Start of offer: 5 September 2016
Redemption: 11 October 2023
Issue Price: 100% + 3% front-end load
Denomination: EUR 1000
Observation dates: 7 October 2016 and 4 October 2023
Listing: Third Market of Vienna Stock Exchange
Fees and charges: Custodial fee: 0.235% p.a. + 20% VAT on the market value, no less than EUR 3.92 p.a. + 20% VAT per securities position; but no less than EUR 26.28 + 20% VAT per securities account.
Selling fees: 0.7% of the sale value, but no less than EUR 23.50
The information on the Bank Austria GarantAnleihe 2016-2023 Serie 118 on the EURO STOXX 50® Index is product information only and does not constitute investment advice or an investment recommendation, a product recommendation, an offer or solicitation to buy or sell this bond, or a solicitation to make an offer. It is intended solely as introductory information and is not a substitute for advice provided on the basis of the investor’s individual circumstances and knowledge. Every capital investment involves a certain degree of risk. The value of the investment and the earnings generated by the investment can change suddenly and considerably during the term and therefore cannot be guaranteed. There is a possibility that the investor may not get back the total amount of capital invested.
Enquiries: UniCredit Bank Austria Media Relations
Matthias Raftl, Tel.: +43 (0) 5 05 05-52809;