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8.00% p.a. JB Barrier Reverse Convertible (60%) on Commerzbank AG

  • Valor 45628398
  • ISIN CH0456283982
  • Symbol FBBNJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles








as of:
Barrier hit event occurred on 06/03/2020.
Performance since issue n.a.
max. return 115.99%
max. return p.a. n.a.
Distance to strike (%) -121.16%
Distance to barrier Barrier touched on: 06/03/2020
Delta 0.143
multiple Underlyings No
days to maturity 0
SSPA VaR* 16.32%
Summary Risk Indicator (SRI)*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 48.30
Daily low (bid) 44.80
52 Week high (bid) 103.20
52 Week low (bid) 42.20
Alltime high (bid) 103.20
Alltime low (bid) 42.20
Worst performing underlying n.a.
Performance of the underlying since issue n.a.
Initial fixing date 21/03/2019
Issue date 21/03/2019
Maturity date 23/03/2020
Redemption date 30/03/2020
Callability No
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Commerzbank AG
Issue price 100.00
Currency EUR
Listing Yes
Coupon p.a. 8.00%
Next coupon payment n.a.
Strike 7.013
Barrier (%) 60.00%
Barrier observation continuous
Quanto No
Payment Scenario Barrier Reverse Convertibles
market expectation
  • Underlying moving sideways or slightly rising
  • Falling volatility
  • Underlying will not breach barrierduring product lifetime
  • Should the barrier never be breached, the nominal plus coupon is paid at redemption
  • Due to the barrier, the probability of maximum redemption is higher; the coupon, however, is smaller than for a Reverse Convertible
  • If the barrier is breached the product changes into a Reverse Convertible
  • The coupon is paid regardless of the underlying development
  • Reduced risk compared to a direct investment into the underlying
  • With higher risk levels, multiple underlyings (“Worst-of”) allow for higher coupons or lower barriers
  • Limited profit opportunity(cap)

Commerzbank AG

  • Ticker SymbolCBK GY
  • Valor21170377
  • ISINDE000CBK1001

3.34 EUR

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