Auto-Call Note linked to China and Taiwan paying 15% per year
Posted on Friday, January 20, 2012 in Structured Notes.
The Note is an Auto-Call structure linked to two indices, where in flat to rising equity markets, investors may receive a conditional semi-annual snowballing coupon of 7.5%.
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
10th February 2012
Investment Term
5 Years
Minimum Investment USD 50,000
Snowballing semi-annual conditional coupon of 7.5%
Issuer
Commerzbank
Tags: Commerzbank, investment