DE000VK9U209 · Vontobel
Multi Cash Collect con Barriera
The maxi coupon is a separate payment. Its observation and payment dates are shown separately from any recurring coupons. Observation: Sep 23, 2025. Payment: Sep 30, 2025.
How to read this structure
On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (50% of its initial level).
The next published autocall level is 100% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.
These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.
Underlyings and levels
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| BayerBAYN · EUR | 29.073 | 14.536550% | 14.536550% | 29.073100% |
| Eli LillyLLY · USD | 797.11 | 398.55550% | 398.55550% | 797.11100% |
| ModernaMRNA · USD | 34.82 | 17.4150% | 17.4150% | 34.82100% |
| Novo Nordisk A/SNOVOB · DKK | 448.4 | 224.250% | 224.250% | 448.4100% |
Prices and distances require current market data. Open the workspace for market information and your personal tools.
Open in workspace ↗Observation calendars
Coupon observations · 18
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Sep 23, 2025 | 1% | Sep 30, 2025 |
| Nov 21, 2025 | 50% | Nov 28, 2025 |
| Jan 23, 2026 | 50% | Jan 30, 2026 |
| Mar 24, 2026 | 50% | Mar 31, 2026 |
| May 22, 2026 | 50% | May 29, 2026 |
| Jul 24, 2026 | 50% | Jul 31, 2026 |
| Sep 23, 2026 | 50% | Sep 30, 2026 |
| Nov 23, 2026 | 50% | Nov 30, 2026 |
| Jan 22, 2027 | 50% | Jan 29, 2027 |
| Mar 22, 2027 | 50% | Mar 31, 2027 |
| May 24, 2027 | 50% | May 31, 2027 |
| Jul 23, 2027 | 50% | Jul 30, 2027 |
| Sep 23, 2027 | 50% | Sep 30, 2027 |
| Nov 23, 2027 | 50% | Nov 30, 2027 |
| Jan 24, 2028 | 50% | Jan 31, 2028 |
| Mar 24, 2028 | 50% | Mar 31, 2028 |
| May 24, 2028 | 50% | May 31, 2028 |
| Jul 24, 2028 | 50% | Jul 31, 2028 |
Autocall observations · 16
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 26, 2025 | 100% | Not available |
| Jan 26, 2026 | 100% | Not available |
| Mar 25, 2026 | 100% | Not available |
| May 25, 2026 | 100% | Not available |
| Jul 23, 2026 | 100% | Not available |
| Sep 23, 2026 | 100% | Not available |
| Nov 23, 2026 | 100% | Not available |
| Jan 22, 2027 | 100% | Not available |
| Mar 22, 2027 | 100% | Not available |
| May 24, 2027 | 100% | Not available |
| Jul 23, 2027 | 100% | Not available |
| Sep 23, 2027 | 100% | Not available |
| Nov 23, 2027 | 100% | Not available |
| Jan 24, 2028 | 100% | Not available |
| Mar 24, 2028 | 100% | Not available |
| May 24, 2028 | 100% | Not available |