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VK1 Index Certificate - Details

Product Details

Type Euro Medium Term Note
Form Book-entry global certificate, no physical certificates
ISIN DE000A0BNUQ3
Minimum subscription 25 certificates
Issuer Varengold Wertpapierhandelsbank AG, Hamburg
Index Manager EU-regulated portfolio manager
Currency EUR
Issue Volumen Issue Volume: 800.000 Certificates
Issue Price 100 EUR per certificate
Matjurity Date 15/02/2013
Front Up Fee 5.50%
Management Fee 4.35% p.a.
Incentive Fee 20%
Issue Price 102.53 (as at 08/10) plus front up fee
Redemption Price 102.53 (as at 08/10)

Existing counter-trade business:
Counter-trades are carried out with Barclays Bank plc., London, in order to generate the redemption amount owed by Varengold Wertpapierhandelsbank AG as the issuing company of the VK1 index certificate to the holders of such certificates. In this case, the securities trade bank Varengold Wert-papierhandelsbank shall only be obliged to pay to the holders of the certificates the redemption amount resulting from the certificates if Barclays Bank plc., London, fulfils its payment obligations arising from counter-trade as well.