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

09.03.10 12:09 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 8 new index certificate bull 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 call certificates. The index certificates are redeemed by cash payment. Upon expiry of a index certificate bull, the possible net value is paid in cash to the holder of the certificate.

Index certificate bull 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 Bull (call)

Underlying asset

A futures contract linked to Dow Jones STOXX600 Sector Index, DAX Index, or OMXH25 Index.

Cash SettlementAmount

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 falls 50% or more in one day it constitutes an early expiration event. 

Market place

Nasdaq OMX Helsinki

Barrier Level

50% 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 Helsinki http://omxgroup.com/nordicexchange andwww.nasdaqomx.com, 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
instru-
ment
curren-
cy

Additional Information
on the underlying

BULL OMXH25X2 NF

FI4000009899

OMXH25
INDEX

FI0008900212

EUR

www.nasdaqomx.com

BULL DAX X2 NF

FI4000009907

DAX INDEX

DE0008469008

EUR

www.deutsche-
boerse.com

BULL ESX50 X2 NF

FI4000009915

DJ EURO
STOXX 50
INDEX

EU0009658145

EUR

www.stoxx.com

BULL BANKS X2
NF

FI4000009923

DJ STOXX 600
BANKS

EU0009658806

EUR

www.stoxx.com

BULL BARES X2
NF

FI4000009931

DJ STOXX 600
BASIC
RESOURCES

EU0009658624

EUR

www.stoxx.com

BULL OILG X2 NF

FI4000009949

DJ STOXX 600
OIL&GAS

EU0009658780

EUR

www.stoxx.com

BULL TEL X2 NF

FI4000009956

DJ STOXX 600
TELECOMUNI
CATIONS

EU0009658947

EUR

www.stoxx.com

BULL HCAR X2 NF

FI4000009964

DJ STOXX 600
HEATHCARE

EU0009658723

EUR

www.stoxx.com

Table 2

 

Certificate Trading
code

Initial
Price

Type

Manage-
ment
Fee

Total
number of
certificates

Issue date

Expiration
Date

Settlement
Date

BULL OMXH25X2
NF

25

C

0,6%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL DAX X2 NF

25

C

0,6%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL ESX50 X2 NF

25

C

0,6%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL BANKS X2
NF

25

C

0,8%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL BARES X2
NF

25

C

0,8%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL OILG X2 NF

25

C

0,8%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL TEL X2 NF

25

C

0,8%

1 000 000

10.3.2010

10.2.2015

17.2.2015

BULL HCAR X2 NF

25

C

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.