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Date: 2024/05/03 09:45:00
Bid	Ask
-	100.00
Difference	0.00% (0.00)

General attributes

Type of bond	Structured bonds and notes
Bond style	senior
Issuer type	financial institution
Country of issue	CZ
Current coupon	-
Coupon style	fix
Coupon payment date	2025/05/14
Coupon payment period	annually
Value date	2024/05/21
Maturity	2029/05/21
Repayment value	0.00
Currency	CZK
Nominal value	10,000
Accrued Interest	0.00
Yield to maturity p.a. (before capital gains tax)	-
Investor tolerance	4 (scale 1-7)
Last trading day	2029/05/14

Basic bond documents (prospectuses, supplements,..)

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CZ Flyer

CZ Key Information Documents of structured bonds and notes

Scale: ABS REL Instrument

Interactive chart

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The chart is composed of values which are the arithmetic average values of bid / ask (MID) from previous working day. Performances under 12 month have only little informative value. Information about previous performance does not guarantee future performance.

Source: Česká spořitelna, a. s.

Advantages

Details you should be aware of

What does PDCP PACIFIC AUTOCALL offer

Option to obtain an interesting total yield of up to 28.75% in 5 years.
A fixed yield of 5.75% p.a. from its nominal value is paid out annually regardless of the development of the underlying asset for the duration period of PDCP PACIFIC AUTOCALL, i.e. to the date of early or final maturity date.
PDCP PACIFIC AUTOCALL can be automatically repaid early after the first year of its duration period, or during one of the following annual observations, if the underlying indexes are at or above the valid early repayment barrier at the observation date.
An attractive barrier level of 49% of the initial value (see Note 2) of the underlying indexes.
The automatic early repayment barrier decreases over time: 100% (after a year), 95% (after two years), 90% (after three years) and 85% (after four years). The repayment barrier in the final year at the level of 80% works effectively as an additional protective element.
PDCP PACIFIC AUTOCALL is issued in Czech crowns, the investor does not bear the currency risk.

Electronic version of the Basic Prospectus is published on the Issuer´s website https://prospectus.vontobel.com/ or on www.investicnicentrum.cz/prospekty.
Electronic version of the Notification of Key Information is published on the website https://derinet.vontobel.ch/api/kid?isin=DE000VD3E4D3&language=cs.

Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market!

The target market defines the set of investors (retail clients) for whom the investment product is intended.

This investment product is intended for investors who:

have sufficient knowledge and/or experience regarding structured products and shares.

seek investment profit

are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes.

In the event of an unfavorable development of the investment, they are able to bear loss up to the amount corresponding to the product's risk indicator specified in General attributes.

are interested in holding the product until the maturity specified in General attributes.

This investment product is not intended for investors (negative product target market), who:

do not have sufficient knowledge regarding structured investment instruments and shares

are unable to bear the loss of invested funds indicated in the Key Information Document (KID) in the event of an unfavorable development of the investment

The client's compatibility with the product's target market will be evaluated during the purchase process.
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The PDCP PACIFIC AUTOCALL holder bears the credit risk of the issuer and guarantor.
The 100% return on the nominal value of PDCP PACIFIC AUTOCALL at the maturity date depends on the development of the market exchange rates of the S&P 500 and Nikkei 225 underlying indexes.

Více informací naleznete v letáku.

Description

PDCP PACIFIC AUTOCALL with the option of automatic early repayment makes it possible to gain an attractive fixed annual yield of 5.75% (see Note). The total yield in its five-year duration may then reach as much as 28.75%.

The payment of the nominal value of PDCP PACIFIC AUTOCALL is subject to the development of the prices of two key global stock market indexes: S&P 500 and Nikkei 225, which include the biggest publicly traded American and Japanese companies. In addition, the structure of PDCP PACIFIC AUTOCALL makes its early repayment possible even in case of the slight fall or stagnation of the underlying indexes. PDCP PACIFIC AUTOCALL can be repaid early already after the first year and subsequently every year for its duration period depending on the fulfilment of conditions for early repayment.

Issuer: Vontobel Financial Products GmbH
Guarantor: Vontobel Holding AG (Moody‘s A2)
Underlying: S&P 500 a Nikkei 225
Subscription period: 16. 04. 2024 (9.00)–⁠14. 05. 2024 (16.00)

Payment notes

How does PDCP PACIFIC AUTOCALL work

The return on the nominal value of PDCP PACIFIC AUTOCALL depends on the development of market exchange rates of the S&P 500 and Nikkei 225 stock market indexes.
The initial value (see Note 2) of the S&P 500 and Nikkei 225 underlying indexes shall be determined on 14 May 2024.
The observation of the development of the S&P 500 and Nikkei 225 indexes takes place from 15 May 2024 to 14 May 2029 (the daily closing index prices are decisive).
A yield of 5.75% p.a. of the nominal value of PDCP PACIFIC AUTOCALL is paid out annually for its duration period and is paid out always, i.e. regardless of the development of the underlying indexes.
The barrier is determined at 49% of the fixed initial value (see Note 2) of the underlying indexes, touching the barrier is not considered breaking it.
For the duration period of PDCP PACIFIC AUTOCALL, it can be automatically repaid early once a year if at the observation date the value of both underlying indexes will be equal or higher than the comparable value of the underlying index at the relevant observation date.
If the condition of automatic early repayment is not met, the investor will receive an annual yield of 5.75% of its nominal value and PDCP PACIFIC AUTOCALL continues to the next possible repayment date.
If PDCP PACIFIC AUTOCALL is automatically repaid early, the investor will receive 100% of its nominal value and an annual yield of 5.75% of its nominal value. With early repayment the claim to later annual yields ends.
If there is no automatic early repayment and during the observation, the value does not fall of even one of the underlying indexes (daily closing price) below the barrier of 49% of its initial value (see Note 2), 100% of the nominal value of PDCP PACIFIC AUTOCALL and the final fixed yield of 5.75% p.a. of its nominal value is paid out on the maturity date.

More information you will find in the leaflet.

Settlement

Maturity shall be 21.05.2029
Česká spořitelna pays out the yield and the nominal value
It takes two working days to settle the buying and selling of the Premium Bond

Secondary market

Minimum purchased amount: 1 piece
Price for early redemption: according to the current Price List (balance at the bond issue date: 2% of the transaction volume)
Selling price: 100%, no fee
Liquidity: daily according to current market prices, indications in the Česká spořitelna, a. s. Exchange Rate List

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Note: PDCP PACIFIC AUTOCALL pays out interest yields always once a year for the duration period of PDCP PACIFIC AUTOCALL, i.e. until the early or final maturity date.
Note 2: The initial value will be calculated for the provider of the S&P 500 and Nikkei 225 indexes based on the closing prices of the underlying assets at the relevant stock markets on 14 May 2024.
Note 3: On a scale from 1 to 7, from the potentially lower risk and yield 1 to the potentially higher risk and yield 7 provided that you keep the product until the maturity date. The actual risk may differ substantially if you sell early. The risk-weight of the product is a guide for comparing the rate of risk of this product in comparison with other products. It shows how likely it is that you will lose money as a result of market fluctuations or because the issuer will not be able to pay out the money.
Note 4: You will find the precise expression of the product costs in the PDCP PACIFIC AUTOCALL Subscription Order.

Underlying

S&P 500
US78378X1072

S&P 500 includes 500 of the biggest American companies across all sectors traded on the stock market. The index portfolio represents for example the following key companies: Apple, Microsoft, NVIDIA (technology), Berkshire Hathaway, Bank of America, Citigroup (finance), Eli Lilly & Co., Johnson & Johnson (health care), Meta, Alphabet, Broadcom (communications), Amazon, Coca-Cola, Procter & Gamble (consumer goods).

NIKKEI 225
JP9010C00002

Nikkei 225 is the main Japanese stock market index, which includes 225 of the most significant equity titles of Japanese companies traded on the Tokyo Stock Exchange. Part of the index is many globally leading Japanese companies such as Bridgestone, Canon, Honda, Mitsubishi, Nissan, Nintendo, Sony or Toyota. It is the technology and consumer goods sectors that dominate the index portfolio.

Know-How

In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.