Nordea Bank AB (publ) issues 1 new index certificates bear series on 14 April 2011

13.04.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 1 new index certificate bear series on 14 April 2011under its warrant programme. The underlying asset of the index certificates is OMX Stockholm 30 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 2010. 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.

IssuerNordea Bank AB (publ)
Instrument nameIndex Certificate Bear (put)
Underlying assetOMX Stockholm 30 Index
Leverage Factor-1
Cash Settlement AmountAccumulated value on the expiration date
Closing PriceAccumulated value on the expiration date
(see more information in the Final Terms of the Index Certificates Bear).

 

 

Closing Price Determination DateOfficial Closing Price on Final Trading Day
Expiration Date/Final Trading DayThe 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 100% or more in one day it constitutes an Early Termination Event.
Market placeNasdaq OMX Helsinki
Reference SourceNasdq OMX Stockholm Ltd
Reference price determination methodValuation time for underlying instrument and currency is local time Helsinki 19:00.
Exercise procedureThe Bank carries out automatic cash settlement
Translation RateEUR / SEK exchange rate
Listing currencyEUR
Total number of certificates1 000 000 (see Table 2 below)
Trading lot1 certificate
Market MakerNordea 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 companyAdditional 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 

 

 

 

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 codeCertificate ISIN codeUnderlying indexUnderlying ISIN codeUnderlying instrument currencyAdditional Information on the underlying
BEAR 
OMXS30 NF
FI4000021894OMX Stockholm 30 IndexSE0000337842SEKwww.nasdaqomx.com

Table 2

Certificate Trading codeInitial PriceTypeManagement FeeTotal number of certi-ficatesIssue dateExpiration DateSettlement Date
BEAR 
OMXS30 NF
10P0.15%1,000,00014.4.201115.4.201622.4.2016

Helsinki, 13 April 2011

NORDEA BANK AB (publ)

Juha Mikkilä      
For further information, please contact Juha Mikkilä tel. +358-9-369 49354.