Nordea Bank AB (publ) issues 8 new index certificates bear series on 10 March 2010

09.03.10 11:49 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 8 new index certificate bear series on 10 March 2010 under its warrant programme. The underlying asset of the index certificate is a futures contract linked to Dow Jones Euro Stoxx 50 (Price)Index, Dow Jones STOXX600 Sector Index, DAX Index or OMXH25 Index. The index certificates are put certificates. The index certificates are redeemed by cash payment. Upon expiry of a index certificate bear, the possible net value is paid in cash to the holder of the certificate.

 

Index certificate bear specific terms and conditions

 

All index certificates are issued under the warrant programme of Nordea Bank AB (publ) dated 6 October 2009. The base prospectus for the warrant programme and the final terms for each warrant and certificate serie are available at the issuer’s website: www.nordea.fi/warrantit. The following terms only summarize the final terms and the base prospectus.

 

Please notice that the Final Terms of the issue are released only in English.

 

 

Issuer

Nordea Bank AB (publ)

Instrument name

Index Certificate Bear (put)

Underlying asset

A futures contract linked to Dow Jones Euro Stoxx 50 (Price) Index, Dow Jones STOXX600 Sector Index, DAX Index or OMXH25 Index.

Cash Settlement Amount

Accumulated value on the expiration date

Leverage Factor

Yes (see final terms)

Closing Price

Accumulated value on the expiration date, if no early expiration event has occurred (see final terms).

Closing Price Determination Date

The earliest of the following dates:

1.     Expiration Date: See Table 2;

2.     The date declared expiration date according to Expiration Date Determination Day; or

3.     If the value of the underlying contract rises 50% or more in one day it constitutes an early expiration event.

Market place

Nasdaq OMX Helsinki

Barrier Level     

150% of the underlying contracts reference price the previous trading day.

Reference Source

Dow Jones Euro Stoxx 50 (Price) Index and STOXX600 Sector Indices:

EUREX

DAX Index:

Deutche Börse Group

OMXH25 Index:

Nasdaq OMX Helsinki Ltd.

Reference price determination method

Valuation time for underlying instrument and currency is local time Helsinki 19:00.

Exercise procedure

The Bank carries out automatic cash settlement

Listing currency

EUR

Total number of certificates

1 000 000 (see Table 2 below)

Trading lot

1 certificate

Market Maker

Nordea Bank operates as the Market Maker.

 

Market Maker undertakes to provide bid and ask quotation for the Certificates during the time Certificates are subject to trading on a regulated market, multilateral trading facility or other market place. The undertaking is valid in the continuous trading of the regulated market, multilateral trading facility or other marketplace.

 

The difference between bid and ask quotation is at most (maximum spread):

 

Four (4) percent or

0,10 EUR, if ask price is < 2 EUR

 

Quotations concern a minimum amount of five hundred Certificates. No bid quotation is given for Certificates that have a market value less than ten (10) cents. Market Maker is entitled to define the values of the parameters affecting the market making quotation. Market Maker is not liable to maintain its duties as Market Maker, if trading with the underlying asset has ceased.

 

Market Maker reserves the right to temporarily decline to quoting bid and ask prices during a period in which the Market Maker hedges its own position in an Underlying Assets and at such time as the Market Maker believes there are to be significant difficulties in quoting bid and ask prices due to technical reasons.

 

In conjunction with such limitation of the Market Maker’s obligation to quote bid and ask prices, the Market Maker shall notify parties on the market regarding the limitation through a notice via the regulated market/multilateral trading facility/marketplace.

Additional information on the underlying asset and underlying company

Additional information on the company and the development of the value of the underlying asset is available on the website of the OMX Nordic Exchange Helsinkihttp://omxgroup.com/nordicexchange , www.nasdaqomx.comand www.stoxx.com and www.deutsche-boerse.com.

 

Additional information on the volatility of the underlying asset is available from the issuer, tel. +358 9 369 49134.

 

The investors should analyse information on the company issuing the index before making decisions on certificates.

                                          

The index certificates bull to be issued:

 

Table 1

 

Certificate Trading

code

Certificate ISIN code

Underlying

index

Underlying

ISIN

code

Under-

lying

instrument

currency

Additional
Information
on the
underlying

BEAR OMXH25X2 NF

FI4000009790

 

HEX

 

FI0008900212

 

EUR

www.nasdaq
omx.com

BEAR DAX X2 NF

FI4000009808

 

DAX INDEX

 

DE0008469008

EUR

www.deutsche-boerse.com
 

BEAR ESX50 X2 NF

FI4000009816

 

DJ EURO STOXX 50 INDEX

 

EU0009658145

EUR

www.stoxx.com

 

BEAR BANKS X2 NF

FI4000009824

DJ STOXX 600 BANKS

 

EU0009658806

 

EUR

www.stoxx.com

 

BEAR BARES X2 NF

FI4000009832

DJ STOXX 600 BASIC RESOURCES

 

EU0009658624

 

EUR

www.stoxx.com

 

BEAR OILG X2 NF

FI4000009840

DJ STOXX 600 OIL&GAS

 

EU0009658780

 

EUR

www.stoxx.com

 

BEAR TEL X2 NF

FI4000009857

DJ STOXX 600 TELECOMUNICATIONS

 

EU0009658947

 

EUR

www.stoxx.com

 

BEAR HCAR X2 NF

FI4000009865

DJ STOXX 600 HEATHCARE

 

EU0009658723

 

EUR

www.stoxx.com

 

 

 

Table 2

 

Certificate

Trading code

Initial Price

Ty-pe

Manage-

ment Fee

Total

number

of certificates

Issue

date

Expiration

Date

Settlement

Date

BEAR OMXH25X2 NF

25

P

0,6%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR DAX X2 NF

25

P

0,6%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR ESX50 X2 NF

25

P

0,6%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR BANKS X2 NF

25

P

0,8%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR BARES X2 NF

25

P

0,8%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR OILG X2 NF

25

P

0,8%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR TEL X2 NF

25

P

0,8%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

BEAR HCAR X2 NF

25

P

0,8%

 

1 000 000

10.3.2010

10.2.2015

17.2.2015

 

 

Helsinki, 9 March 2010

 

NORDEA BANK AB (publ)

 

 

Tommi Saarnio 

 

For further information, please contact Tommi Saarnio +358 9 369 49354