This is a 5 year product paying in Euro issued by Commerzbank AG. It is Express Certificate Plus linked to the performance of Facebook Inc, Novo Nordisk A/S, PayPal Holdings Inc and Philip Morris International Inc from 07/11/2018 to the last observation date 07/11/2023 and will be monitored at monthly periods. The product will pay 11 additional 0.51% 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 monthly date, from period 12, 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 0.51% (on the relevant date when the autocall is triggered). Otherwise the product will pay a coupon of 0.51% 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 0.51% so long as the worst performing underlying is at or above 65% . If the European protection barrier of 50% 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 FB NOVO B PYPL PM 0.51 - 11.07.2023
The product has matured at 1/13/2020. Investing in this product at issue price would have resulted in a total return of 0.49%
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