This is a 5 year product paying in Euro issued by Commerzbank AG. It is Express Certificate Plus linked to the performance of Total SA, Royal Dutch Shell PLC, ENI SPA and Statoil ASA from 12/12/2014 to the last observation date 12/12/2019 and will be monitored at semiannual periods. The product will pay 1 additional 4% coupon(s) if the underlying is at or above the 65% of its initial level , paid prior to early redemption periods. The product will mature early if on any semiannual date, from period 2, the worst performing underlying is at or above 100% of its initial level (on the relevant date). In this case the product will repay the initial investment plus a coupon of 4% (on the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 4% if the underlying is at or above the 65% of its initial level. If the product runs to maturity, it will repay the initial investment plus a coupon of 4% so long as the worst performing underlying is at or above 65% . If the European protection barrier of 65% has not been breached, the nominal value will be paid, otherwise the product will repay the initial investment less any negative worst performing underlying measured over the term of the product
Lyfecycle: Early Matured | Fair Value: Sign-in
CMZB Phoenix FP RDSA ENI STL 4 - 30.12.2019
Key Investment Document (KID)
The product has matured at 12/12/2016. Investing in this product at issue price would have resulted in a total return of 3.50%
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