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.
|Issuer||Nordea Bank AB (publ)|
|Instrument name||Index Certificate Bear (put)|
|Underlying asset||OMX Stockholm 30 Index|
|Cash Settlement Amount||Accumulated value on the expiration date|
|Closing Price||Accumulated value on the expiration date
(see more information in the Final Terms of the Index Certificates Bear).
|Closing Price Determination Date||Official Closing Price on Final Trading Day|
|Expiration Date/Final Trading Day||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 100% or more in one day it constitutes an Early Termination Event.
|Market place||Nasdaq OMX Helsinki|
|Reference Source||Nasdq OMX Stockholm 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|
|Translation Rate||EUR / SEK exchange rate|
|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
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
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:
|Certificate Trading code||Certificate ISIN code||Underlying index||Underlying ISIN code||Underlying instrument currency||Additional Information on the underlying|
|FI4000021894||OMX Stockholm 30 Index||SE0000337842||SEK||www.nasdaqomx.com|
|Certificate Trading code||Initial Price||Type||Management Fee||Total number of certi-ficates||Issue date||Expiration Date||Settlement Date|
Helsinki, 13 April 2011
NORDEA BANK AB (publ)
For further information, please contact Juha Mikkilä tel. +358-9-369 49354.