Invest with 93% percent minimum redemption value at maturity:
The new “HVB bond with 93% minimum repayment 10/2029” based on the “Thematic Strategy Index”
- New bond with 93% minimum repayment based on the “Thematic Strategy Index” offers scope to take maximum benefit from positive index developments
- Minimum 93% repayment of face value by issuer at maturity
- Bond matures after eight years and can be sold under normal market conditions, either on the exchange or over the counter.
The basis for development of the “HVB bond with 93% minimum repayment 10/2029” is the “Thematic Strategy Index”. The index tracks the performance of the “Allianz Thematica – IT – EUR” equity fund, taking into account a flexible hedging system. The “Thematic Strategy Index” consists of two components, the “Allianz Thematica – IT – EUR” and the “HVB 3 Months Rolling Euribor Index” money market index. The "Allianz Thematica – IT – EUR" is an equity fund with the objective of long-term income growth while adhering to a dynamic risk budget. The multi-theme fund invests worldwide and is oriented towards trends and innovations that are constantly being evolved and adapted. This gives investors the opportunity to invest in current topics. Social and ecological aspects, such as the reduction of CO2 emissions, are also taken into account in the investment decision. The “HVB 3 Months Rolling Euribor Index” money market index is calculated by UniCredit Bank and reflects the performance of an investment that is renewed every three months at an interest rate corresponding to the three-month Euribor.
The aim of the “Thematic Strategy Index” is to participate in the performance of the “Allianz Thematica – IT – EUR” equity fund in a risk-optimised manner, taking into account a flexible hedging system. For this purpose, the system determines the participation of the controlling “Thematic Strategy Index” in the equity fund on the basis of the volatility (fluctuation in value) of the “Allianz Thematica – IT – EUR” equity fund. The higher the volatility of the equity fund, the higher the proportion invested in the money market index. The lower the volatility of the equity fund, the higher the proportion invested in the fund.
Mauro Maschio, Member of the Board “Privatkundenbank” of UniCredit Bank Austria: “With the new HVB bond with 93% minimum repayment based on the ‘Thematic Strategy Index’, we are offering investors an interesting investment opportunity to invest in current trends and innovations and thereby participate in the performance of the equity fund 'Allianz Thematica - IT - EUR ' in a risk-optimised manner. Social and ecological aspects are naturally also taken into account in the investment decision.”
The closing value (reference price) of the “Thematic Strategy Index” (base value) is determined on the initial observation date, 25/10/2021. This is used to calculate the base price (93% of the reference price).
The reference prices from the first and last observation dates are then used to calculate the performance of the index. If, on the last observation date, the reference price of the index is the same as or more than the base price, redemption ensues per bond on the redemption date, 29/10/2029, at the nominal value of EUR 1000 plus positive or minus negative performance on a percentage basis multiplied by the nominal value. This means that the repayment amount on the redemption date may also be less than the nominal value of EUR 1000 but will amount to no less than EUR 930 per bond. Should the index's reference price be less than the base price on the last observation date, then redemption will be paid at the minimum redemption amount of EUR 930 per bond. Any loss is therefore limited to a maximum of 7% of the face value.
The capital is invested for a total of eight years and the bond can be sold under normal market conditions, either on the exchange or over the counter. The underlying “Thematic Strategy Index” is calculated in euro. UniCredit Bank AG is the index sponsor and index calculation agent.
The issue in detail: “HVB bond with 93% minimum repayment 10/2029” based on the “Thematic Strategy Index |
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ISIN: | DE000HVB5TF1 |
Issuer: | UniCredit Bank Austria AG |
Base value: | Thematic Strategy Index (EUR) |
Offer: | 13 September to 22 October 2021 (14:00), subject to early closure |
Redemption: | 29 October 2029 |
Issue price: | 100% |
Purchase fees (premium): | 4% |
Denomination: | EUR 1000 |
Observation dates: | Initial: 25 October 2021; final: 22 October 2029 |
Participation factor: | 100% |
Minimum repayment at maturity: | 93% |
Listing: | Expectation is from 28 October 2021 to 19 October 2029, Stuttgart (OTC) |
Expenses and fees: | Custody fee: 0.235% + 20% VAT of market value annually, minimum EUR 3.92 annually + 20% VAT per unit but minimum EUR 26.28 + 20% VAT per securities account |
Transaction fee: | 0.7% of sale value (minimum EUR 63) plus full amount of third party costs |
Disclaimer:
This advertisement is for publicity purposes only, and does not constitute investment advice or an investment recommendation, product recommendation, solicitation to buy or sell this bond or solicitation to make such an offer. It serves only as initial information, and is no substitute for advice or information based on the investor's individual circumstances and knowledge. Every capital investment is associated with risk. The value of the investment and the amount of yields may fluctuate suddenly and to a considerable extent, and therefore cannot be guaranteed. There is a possibility that the investor may not receive the entire amount invested. Total loss of the capital invested is possible. Investors are exposed to the risk that the issuer may not be able to meet its obligations under "HVB bond with 93% minimum repayment 10/2029", for example in the event of insolvency (debt default/overindebtedness) or an official order. This default risk also applies if, in the event of financial distress of the issuer, a creditor participation procedure (bail-in) is officially initiated by the competent resolution authority. Total loss of the capital invested is possible. There is no deposit guarantee for securities.
This advertisement does not constitute a prospectus within the meaning of the EU Prospectus Regulation - (EU) 2017/1129. Only the information contained in the published Final Terms of the Structured Bonds and the Base Prospectus dated 31 May 2021, including any amendments or additions approved by the Federal Financial Supervisory Authority (BaFin) and communicated to the Financial Market Authority (FMA), is legally binding and authoritative. The approval of the prospectus is neither a recommendation nor any other endorsement to acquire these securities of UniCredit Bank Austria AG. It is recommended that these documents be reviewed carefully before making any investment decision in order to fully understand the potential risks and rewards of making an investment decision. The Final Terms and the Base Prospectus as well as prospectus supplements are available free of charge at https://www.onemarkets.at/content/onemarkets-relaunch-at/de/productpage.pdf?document=FT_ DE000HVB5TF1.pdf or at www.onemarkets.at/basisprospekte (for investors in Austria) and www.onemarkets.de/basisprospekte (for investors in Germany and Luxembourg) and at UniCredit Bank Austria AG, Rothschildplatz 1, 1020 Vienna, and in the branches of UniCredit Bank Austria AG.
The basic information sheet for the aforementioned "HVB bond with 93% minimum repayment 10/2029" is available free of charge in the branches of UniCredit Bank Austria AG and at https://www.onemarkets.at/kid/DE000HVB5TF1.
Bank Austria is happy to advise you on all opportunities, risks and expenses incurred.
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Enquiries:
UniCredit Bank Austria Press Office
Matthias Raftl, Tel.: +43 (0)5 05 05-52809;
Email: matthias.raftl@unicreditgroup.at