Auto-Call Note linked to China, Taiwan and Eurostoxx 50 paying 18% per year

Posted on Monday, November 28, 2011 in Stock Market.

The Note is an Auto-Call structure linked to three indices, where in flat to rising equity markets, investors may receive a conditional semi-annual snowballing coupon of 9.00%.
Underlying Indices are observed semi-annually and the snowballing coupon is paid just after the first Auto-Call Observation Date on which all Underlying Indices are at or above their initial levels.

Even if the Underlying Indices do not perform, the Notes continue to benefit from principal protection at maturity provided that all the Underlying Indices close at or above 50% (European Observation) from their initial levels, on the final valuation date. If this is not the case, principal is at risk.

Start Date
15th December 2011
Investment Term
5 Years
Minimum Investment
USD 50,000
Snowballing semi-annual conditional coupon of 9.00%

Issuer
Commerzbank


Tags: ,