Zu den Zinsanlagen gehören Kapitalforderungen jeder Art, z.B. Guthaben und Einlagen bei Banken und Bausparkassen, Schuldverschreibungen (Anleihen, Pfandbriefe, Obligationen), Gewinnobligationen, Genussscheine als Renditepapier, Zertifikate sowie Finanzinnovationen. Ohne Unterschied unterliegen alle Erträge aus Zinsanlagen ab 2009 der Abgeltungsteuer.

1. Zinsen

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Zinszuwächse bei auf- oder abgezinsten Wertpapieren

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Bestandsschutzregelung bei Erwerb vor 2009

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Zinsen beim Erben

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Xxxx xxxxxxxxxxxx Xxxxxxxxxx xxx Xxxxxx xxx xxx Xxxx xxx xxx Xxxxxxx xxx xxx xxx Xxxx xxxxxx xxx xxx xxx Xxxxxxxxxxxxxxx x xxxxxx xxx xxx xxx Xxxxxxxxxxxxxxx x xxxxx xxxxxxxx. Xxx xxxxxxxxxx Xxxxxx xxx xxx Xxxxxxx xxxxxx xxxxx xxxx Xxxxx xxxxxxx xxxxxxx, xxxx xxx xxxxxxxxxx xxx xxxxxxxxxxxxxxxxxxxxxxxxxx Xxxx xxx Xxxxxxxxxx xxxxxxxx xxx xxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxx xxxxxxxx xxxxxx. Xxxxx Xxxxxxxxxxxxxxxxx xxx xxxxxx xxxxxxxxx, xxxx xxx xxxxxxxxx Xxxxxxxxxxxxxxxxxxx xx xx xx XXxX xxxxx xxxx xxxxxxxxxx.

Xxxx xxx Xxxx xx Xxxxxxxxx xxx Xxxxxxxxxxxxxxx Xxxxxxxx xxx Xxx xxx Xxxxxxxxxxxxx xxx xxx xxx Xxxx xxxxx Xxxxxxxxxxxxxxxxxx xxxx xxxxx xxxxxxxxxxxx xxx, xxxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxx. Xxx xxxxxxxxxxxxx Xxxxxxxxxxxx xxxx xxx Xxxx xxxxxxx xxxxx xxxxxxxxx, xxxx xxx Xxxx xxxxx Xxxxxxxxxxxxxxxxxxxxx xxxxxxxxx xxxx xxxxx Xxxxxxxxxxxxxxxxxxxx xxxxxxx.

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Spareinlagen: Sparbuchzinsen bis 28. Februar abheben!

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2. Stückzinsen

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Xxxxxxxx x:
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Verrechnung von gezahlten Stückzinsen bei Ehegatten

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3. Negative Zinsen

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4. Zertifikate

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a) Zertifikate mit garantierter Kapitalrückzahlung (Garantiezertifikate)

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b) Zertifikate mit garantierter Mindestrückzahlung (Teilgarantiezertifikate)

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c) Zertifikate ohne garantierte Kapitalrückzahlung (Vollrisikozertifikate)

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Xxxx Xxxxxxxxxxx, xxx xxx xxx x.x.xxxx xxxxxxxx xxxxxx, xxxx Xxxxxxxxxxxx xxx Xxx. xx Xxxx x XXxXx:

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d) Vorsicht vor windigen Zertifikatekonstruktionen!

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  • Xxxxx xxx Xxxxxxxxxx xx Xxxx, xxxx xx xxx xx.x.xxxx xxxxxxx. Xxxx xxx xxx Xxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxxxx x xxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxxxxxxxxxx.
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Xxx xxx xxxx xxx Xxxxxx xxxxx Xxx Xxxxxxxxxxxxxxxx xxx xxxxxxx xxxxxxx, xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xx Xxxx xxxxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxx xxxxxxx xx xx XX xxxxxxxx xxx xxx Xxxxxxx xxxx xxx x.x.xxxx xxxxxxxxxx xxxxx xxxxxxxxx xxxx. Xx xxxx xxxx xxxx xx Xxxxxxxxxxx xxxx Xxxxxxxxxxxxxx xxx xx.x.xxxx xxxxxxxxxxx, xxxxxx xxx Xxxxxxx xxxxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxx xxxx xxxxxxxxx Xxxxx xxxxx xxxxxxxxx xxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XX X xxX xxxxxxxxxxxxx.

XXXXXXXXX: Xxxxx Xxx xx Xxxxxx xxxxx xxxxxxxxxx XxxxxxxxXxxxxxxxxxxx xxxx xxx xxxx xxx Xxxxxx xx xxx Xxxxxxxxxxx xxxxxx, xxxx xx xxx xxxx Xxxxxxxxxxxx: Xxxxxxxxx Xxx xxx Xxxxxxxxxx xx xxxxxx xxxx xxx Xxxxxx xxx Xxxxxxxxxxxxxxxxx. Xxxx xxxxxxx Xxx xxx Xxxxxxx xxxx xxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxxxxx xx xxx xxxxxxxxx x Xxxxxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxxxx.

Xxxxxxxx xxx xxxx xxxxxxx xxx Xxxxxxxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxxxxxx: Xxx Xxxxxxx xxxxxx xxxxxxxx xxx Xxxxxxxx xxx xxxx xxx Xxxx xxxx xxxxxxxxxxx Xxxxxxxxxxxx xxxxxxxx x xx xxx Xxxxxxx, xxxxx Xxxxxxxxx xxxxx xxxx Xxxxxx xxx xx Xxxxxxx xxxxxxxxxx. Xxxx xxx Xxxxxx xxxx Xxxxxxxxx xxxxxxxx xxx Xxxxxxxx x xxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxxx x xx xxx x.x.xxxx xxx xxxxxxxxxxxxxxx xxxxxxxxx xxx xxxxxx Xxxxxxxxxxxxxxx xxxxxxxxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XX X xxX xxxxxxxxxxxxx.

5. Finanzinnovationen

Xxx Xxxxxxx "Xxxxxxxxxxxxxxxx" xxxxxx xxx xxx Xxxx xxx xxxx. Xxxxxxxxxxxxxxxxxx xxxx Xxxxxxxxxxx, xxx xxxxx xxxxxx xxxxxxxxx Xxxxxx xxxxxxxxxxxxxxx xxx Xxxxxxxxxx xxxx xxxxxxxxxxx Xxxxxxxxxxxxx xxx xxxxxxxxxxxxx Xxxxxx xxxxxxxx, x. X. XxxxxxxxxxXxxxxxxx xXxxxxxxxxx, Xxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxx xXxxxxxxxXxxxxxxxx, Xxxxxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxx xXxxxxxxxxxxxxxxxxx, Xxxxxxxxxxxxxxx, xxxxxxxxxxxxxxxxx XxxxxxXxxxxxxxxxx, Xxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxx xXxxXxXxxxxxxxxxxx.

Xxx xxxx xxxx xxx Xxxxxxxxxxxxxxxxxx x xxxxxx xxx xxx xxxxxxxxxx Xxxxxxxx x xxx Xxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxxxxxx xxx xxxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx.

Xx xxxx xxxx xxxx xxxxxxxxx, xxx xxxx xxxx xx xxxxxxxx xxxxxxxxxxx x xxxx xxxx Xxxxxxx, xxx xxxxxx xxxxxxxxxxx xxxxxx:

  • Xxxxxxxxxxxxxxx xxx xxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxx xxx xxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxxx xxx Xxxxxxxxx xXxxxxxxxxxxxx. Xxx Xxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxxx.
  • Xxxxxxxxxxx xxx, xxxx xxx Xxxxxxx xxx xxxxx xxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxxxx, xxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxx xxx xx x xxxxxxxxx xxxxxx.
  • Xxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxx xxxxxx xxx xxxxxxx Xxxxxxxxxxxxxxxxxx xxx xxxxxxxx xxxxxx xxx xxxxxxx xxxxxxxxx Xxxxxxxxxxx xxxxxxxxxx xxxxxx. Xxxxxxxx xxxxxxx Xxxxxxxx xxx xxxx xxx xxxxxxx Xxxxxxxxxxxxxxxx x xxxx xxx Xxxxx xxx Xxxxxxxxxxxxxxxxxxxxx x xxxxxxxxxxxx xxxxxx. Xxxxx Xxxxxxxxxxxxxxxxxx xxxxx xxx Xxxx xxxxxxx xxxxxxxx xxx Xxxxxx xx Xxxxxx xxxxx xxx. xxxxxxxxxx "Xxxxxxxxxxxxxxxxxxxxxxxx" xxx. Xxx xxx Xxxxx xxx Xxxxxxxx xxxx xxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxx xxx Xxx. x Xxxx x XXxXx.
  • Xxxxxx xxx xxxxxx xxxxxx xxx Xxxxxxx xx Xxxxxxxxxxxxx xxx xxxx Xxxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxxxxxx.
  • Xxx Xxxxxxxxxxxx, xxx xxx Xxxx xxxxxxx xxxx, xxxxxxx xxx Xxxxxxxxxxxx xxxxx xxxx xxx Xxxxxxxxxxxxxx xxxxxxxxx xxxxxx.
  • Xxxxxxxxxxxxxxxxxx xxx Xxxx xxx Xxxxxxx xXxxxxxxxxx, Xxxxxxxxxxxx xxxxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxxxx xxxxxx. Xxxx xxx xxxx xxxxxxxxxx Xxxxx xxxxx xxxxxxxx.

6. Zerobonds

Xxxxxxxxx x xxxx XxxxxxxxxxXxxxxxxx xxxxxxx x xxxx xxxx xxxxxxxx Xxxxxxxxxxx, xxx xxxxx xxxxxxxx xxx Xxxxxxxx xxxxx Xxxxxx xxxxxxx xxxxxx. Xxx xxxxxx xxxxxxxxx, xxxxx xxxx xxxxx xxx x, xxxxxxxxxx xxx xxx Xxxxxxxxxxx xxx Xxxxxxxx xxxxxxxxxxxxxx. Xxx Xxxxxx xxx xxxxxx Xxxxxxxx xxxxxxx xx Xxxx xxx Xxxxxxxxxxxxxxxx, xxx xxxx xxx xxx Xxxxxxxxxxxxx xxx xxxxxxxxxxx Xxxxxx xxxxxxx. Xxx xxxxxxx xxxxxxxxxxx Xxxxxxxxxxx, xxxxxx xxxxxx xx Xxxxxxxxx xx xxxxxx xx xxx Xxxxxx xxxxxxxxx xxx xxxxxxx xxxxx xxxxxxxxx xxxxxxxx xxx Xxxxxxxx xxxxxxxx xxxxxx. Xxxxxxx xxx xxxxxxxxx Xxxxxxxxxxxxx xxxx xxx xxxxxxx xxxxx Xxxxxxx xxx xxxxxxxxxxx Xxxxxxxxxxxx xxxxxxx xxxxxx.

Xxxxxxxxx xxxxxx xxxxxx xxxxxxx Xxxxxxxx: Xxx xxxxxxxx Xxxxxxx xxx, xxxx xxxxxxxx xxx Xxxxxxxx xxxxx Xxxxxxxx xxxxxxxxxx xxxxxx xxxxxxx, xxxxxx xxxxxx Xxxxxx xxx Xxxxxxxxxxxx xxxxxxxxx. Xxxxxxxx xxxxxx Xxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxx xxxxxxx xxxxxxxxxx, xx xxx Xxxxxx xxxxxxx xxxxxxxxxxxx xxxxxxxxxxxx xxxxxx. Xxx xxxxxxxxxx xxxxxxxxxx Xxxxxxxxxxxxxxxxxx xxxx xxxxxxx xxxxx xxxxxxxxxx. Xxxx xxx Xxxxxxx xxxx Xxxxxxxxxx xxxxx xxx Xxxxxx xxx Xxxx xxx.

  • Xxx xxxx xxxxxx xxx xxxxxxxxxxxxxxxx Xxxxxx xxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxxx xxxxxx, xx xxxx xxx xx xxxx xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxx xxx Xxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx, xxxxxxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxx.
  • Xxx xxxx xxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxx xxxxxxxxxxx Xxxxxxxxxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxx xxxxxxxxxxxxxxx. Xxxx xxxx xxx xxxxxxxxxx Xxxxxxxxxx xxxxx, xxxxxxxxx Xxxxxxxxx Xxxxxxxxxxx, xxx xxxxxxxxxx xxxxx xxxxxxx xxxxxx. Xxxxxxxxx xxxx xx xxx xxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxxx, xxx xxxxxx xxxxx xxxxxxxxxxxxxxx xxxxxx. Xx xxxx xxxxxx xxxx Xxxxxxxxxxx xxx Xxxxxxxxxxx xxxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxx xxx xxxxxxx.
  • Xxx xxxx xxxxx xxx Xxxxxxxxxxxxx xxxxxxxxx xxx xx Xxxxxxx Xxxxxxxxxxx xxxxxxxxx xxx xxxxxxxx Xxxxxxxxxxxxxxxxxxxx xx Xxxxxx xxx "xxxxxxxxx Xxxxxxxxxx" xx xxxxxxxxxx. Xxxxxxxxxxxx xxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxxxxx xx xxxxxx Xxxx xxx xxxxxxxx xxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxx xx Xxxxxxx xxxx xx Xxxxxxxxx xxxxxxxxxx xxxxxx. Xx xxxx xxx xxxxxxxxxxx xxx xxxxx Xxxxxxxxxx xxxxx xxx Xxxxxxxxxxx xxxxxxxxxxxxxxx. Xxxxxxxxxxxx xxxxxxx xxx xxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx.
  • Xxx xxxx xxxxxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxxxxxx xxxx Xxxxxxx xxx Xxxxxxxxxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxxxx xxxxxxxxxx xxxxxx. Xxx xxxxxx xxxxxx xxx xx xx x xxxx. Xxxx xxx xxx. Xxxxxxxxxxxxx xxxxxxxxx. Xx xxxx xxxxxxxxxx xxx Xxxxxxxxxxx xxx xxxx xxx Xxxxxxxxxxxxxxx xxx xx x xxxxx. Xxxx xxx xxx. Xxxxxxxxxxxxxx.
  • Xxx xxxx xxxxxxx Xxxxxxxxxxxxxxxxxx xxx Xxxx xxx Xxxxxxx xxxxx xxx Xxxxxx xxxxxxxxx xxxxxx, xxxx xxx Xxxxxxx xxxx Xxxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxx. Xx xxxx xxx xxxx xxxxxxxx.
  • Xxx xxxxxxxx xxxxxxxx Xxxxxxx xxx, xxxx xxxxxxxx xxx Xxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxxxx xxxx xx xxxxx Xxxxxxxxxxxxxxxxxx xxx xxxxx xx xxxxx xxxxxxxx Xxxxxx xxxx xxx xxxxxxx Xxxxxxxxx xxxxxx. Xxxx xxxxx xxxx xxxx xxxx Xxxxxxx, xxx xxx xxxx xxxxxxxx xxxxxx.
  • Xxx xxxx xxxxx Xxxxxxx xxxx xx: Xxx xxxxxxxxxxxxxxxx Xxxxxx xxx Xxxxxxxxx xxxx xxx Xxxxxxxxxxxx xxx xx.xx.xxxx xXxxxxxxxxxxxxxxxxxxx xxx xxxxx xxxxxxxxxx xxxxxx. Xxx Xxxxxxxxxxx xxxxxx xxxx xxx xxxx xxx xxx Xxxxxxxx xxxxxxx xx xx Xxx. x XXxX, xxxxx xxxxxx xxx xxxxxxxxx Xxxxxx xxxxxxxxxx. Xxx xx xxxxxx Xxxxxxxx xxxxxx xxxx xxx Xxxxxx xxx Xxxxxxxxx, xxxxxx xxxxxx xxx xxxxxxxxxxx xxxxxxxxxxx Xxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxxxx xxxx.

Xxxxxxxx:
Xxx xx xxxxxxxxxxxx Xxxxxxxxx xxxx Xxxxxxxxxxxxx xxxxxxxx xxx.xxx XXX. Xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxx Xxxxxxxxxx xxxxx Xxxxxxxxx xxxxxxxx xx.xxx XXX.

xxxxxx

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Xx xxxx

Xx xxxxxxxxxxxxx Xxxxxxxxx

Xxxxxxxxxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxx

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x xx.xxx XXX

xxx.xxx XXX

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Xxxxxxxxxxxxxxx xxxxxx xXxxxxxxxxxxxxxx

Xxxxxxxxxxxxxxxx xx x xxx xx.xxx XXX

x xxx.xxx XXX

xx.xxx XXX

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xxx.xxx XXX

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Xxxxxx xxxxxxxxx

Xxxxxxxxxxxxx Xxxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxx

xx.xxx XXX

x xx.xxx XXX

x.xxx XXX

Xxx Xxxxxxxxxxxxx xxxxxxx xxxx xxxx xxxxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx.

7. Floater, Reverse-Floater, Down-Rating-Anleihen

Xxxxxxx xxxx xxxxxxxx xxxxxxxxxxxx Xxxxxxxx, xxx xxxxx xxx Xxxxxxxx xxxxxxxx xxxx xxxxxxxxxxxxx xx xxx xxxxxxxxx Xxxxxxxxxxxxxxx xxxxxxxxx xxxx, xxx xxxx xx Xxxxxxxxxxx xx XXXXX xXxxxxx Xxxxxxxxx Xxxxxxx Xxxxx xxxx xx XXXXXXX xXxxxxxxx Xxxxxxxxx Xxxxxxx Xxxxx xxxxxxxxxxx xxx xxxxxxx xxxx xxx xxxxx Xxxxxxxxxxxxxxxxx xxxx xxxxxxxxx xxxxxxxx xxxx.

  • Xxx XxxxxxxxXxxxxxxx xxxx xxx xxxxxxxxxxxxxxxxxx xxxxx Xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxxxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxxx, xxxxxx xxx Xxxxxxxxx xxx xxxxxxxxxxxx Xxxxxxxx xxxx xxx Xxxxxx xxx, x. X. "xx x xxxxx XXXXX".
  • XxxxxXxxxxxxXxxxxxxx xxxx xxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxx xxx xxxxx xxxxxx Xxxxxxxxxxxxxx xx. X. x xx. Xxx Xxxxxxxxxxxx xxxxxxx xxxxxx xxxxx, xxxx xxxx xxx Xxxxxxxx xxxxxxx xx. X. xxx x,xx xx, xxxx xxx Xxxxxxxx xxx xxxx XxxxxxxXxxxxxxxx xx xxxxxx Xxxxxxxx xxxxxxxxxxxx xxxx.

Xxxx xxxx Xxxxxxx xxxxxx xxxxxx xxx xxx Xxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxx. Xxxx xxxx xxxxx XXXxXxxxxxxxxxxxxx xxx xxxx xxxxxxxxxxxx xXXXxXxxxxx xxx xx.xx.xxxx, XXxXx. xxxx XX X. xxxx XXXxXxxxxx xxx xx.xx.xxxx, XXxXx. xxxx XX X. xxxx. Xx xxx xxxxxx Xxxxxxxx Xxxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxxx xxx xxxxxxxxxx xxxx, xxx xxx xxxx xxx Xxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxx xxxxx Xxxxxxxxxx xxx xxxxx Xxxx xxxxxxxxxx.

Xx xxxx xxxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxx, xxx xxxxx xxxx Xxxxxxxx xxxxxxxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxx, xxxxxxxxxxx xxx xxxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxxx xxxx xxxx xxxx Xxxxxxxxxxx, xxx xxx xxxx xxxxxxxx xxxxxx, xxxx xxx x.x. xxxxxxxxxxxxx XXXxXxxxxxx xxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx xxxx xxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxx xxx Xxx. xx Xxxx x XXxXx.

Xxx Xxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx Xxxxxxxxxx xxx xxx "Xxxxxxxxxxxxx". Xxx Xxxxxxxxxxxxxxxxx xxx XXXxXxxxxxxxxxxxxx xxxxxxx xxxx xxx xx xxxxxxxxx Xxxxxxxxxx xxxxxx xxxxx xxxxxxxxxx xxxxxxxxxxxxx xxx xxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxxx. Xxxx xxxxxx xxxx xxx Xxxxxx xx xxxxxxx Xxxxxxxxxxxxxxx xxxxxxx xxx xxxx Xxxxxxxx xxx Xxxxxxxxxxxxx xxx xxxx xxxxxxx. Xxxxx xxxxxx xxx xxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx.

8. Wandelanleihen

Xxxxxxxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx, xxx xxxxx xxxxx xxxxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx Xxxxx xxxxxx, xxx Xxxxxxx xxxxxxxxx xxxxx xxxxxxxxxx Xxxxx xx Xxxxxx xxx xxxxxxxxxxxxx Xxxxxxxxxxxx xxxxxxxxxxxxx. Xxx Xxxxxxx xxx Xxxxxxx xxx xxx Xxxxx, xxxxxxxxx xxxxx xxxxxxxxxx Xxxxx xxx Xxxxxxx xx xxxx xxxxxxxxx Xxxxxx xxx Xxxxxx xxx Xxxxxxxxxx xxxxxxxxxxxx. Xxx xxx Xxxxxxxx xxxxxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxx.

Xxxxxxxxxxxxxx xxxxxxx xxxxx Xxxxxxx xxxxxxxx Xxxxxxx xxx Xxxxx xxx: Xxx xxxxxxxxx xxx Xxxxxxxxxx xxxxx Xxxxxxx xxx xxx xxxxxxxxxx Xxxxxxxxxxxx xxxxx Xxxxx. Xxx xxxx xxx xxxxxxx Xxxxxxxxxxxxx xxx xxxxx xxxxxx Xxxxxxxxxx xxxxxxxxxxxx xxx xxxxxxxxxx xxxxxxxxxxxx xxx Xxxxx, xxx Xxxxxxx xx Xxxxxx xxxxxxxxxxx. Xxx xxx Xxxxxxxx xx Xxxxxx xxxx xxx Xxxxxxxxxxxxx xxxxx, xxx xxx Xxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxx. Xxx Xxxxxxx xxxxxx Xxx xxx Xxxxxxxxx.

XXXXXXX: Xxx Xxxxxxxxxxxxxx xxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxx: Xxxxx xxxxxxxxx xxxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxx xxx Xxxxxx xxx Xxxxxxxxxx. Xx Xxxxxxxxxxx xxx Xxxxxxxxxxxxx xxxxxx xxx Xxxxxxxxxxxxxx xxxxxx xxxx xxxx xxx Xxxxx xxx Xxxxxx xxx xxx Xxxx xxxxx Xxxxxxxx xxxxxxxx.

Xxxxxxxxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

  • Xxx Xxxxxxxxxxxxxxxx xxxx Xxxxxxxx xxx Xxxxxxx xx Xxxxxx xxx xxxxxxxxxx xxxxxxxxxxxx, xx xxx Xxxxxxx xxx xxx xxxxxxx, xxx xx xxxxxxxxxxxxx xxxxxxxxxx xxx. Xx Xxxxxxxx xxx Xxxxxxx xxx xxxxxxxxx Xxxxxx xxx Xxxxxx xxxxx xxxxxxxxxxxxx Xxxxxxxxxxxxx xxxxxxxxxx, xxxxxxxx xxxxx xxx Xxxxxxxx xxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxx Xxxxxxx xxxx xxx xxxxxxxx Xxxxxxxxxxxxxxxxxxxx xxxxx Xxxxxx xxx Xxxxxxx xx Xxxxxx. Xxx xxxx xxx Xxxxxx xxx Xxxxxxx xxxxxxxxx Xxxxxxxxxxxxxxxxxx xxx xxx xxx. xx xxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxx xxx xxx xx Xxx. xx Xxxx x XXxXx.
  • Xxx xxxxxxxxx Xxxxxx xxxx xxx Xxxxxxxxxxxxx xxxxxxx xx xxx Xxxxxx xxx Xxxxxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx.
  • Xxxxxxxx Xxx xxxx Xxxxxxxxxxxxx xx Xxxxx xxxxx Xxxxxxxxxxxxxxxxxxxxxx, xxxxxxx Xxx xxxx xxx Xxxx xxx xxxxxxx Xxxxxxxxxx xxx xxx Xxxxxxx Xxxxxxxxxxxx xxxxxx. Xxxxx xxxxxxx xxxxxxxx Xxxxxxxxx xxx, xxx xxx xxx Xxxx xx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx xxxxxx. Xxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxx xxxxxxxx Xxx xxxx xxx Xxxx xxxx xxx xxxxxxx Xxxxxxxxxxx xxx xxx Xxxxxxxxxxx Xxxxxxxxxxxx, xxx xxxxxxxxxxxxxxx xxxx xxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxx.
  • Xxxxxx xxx xxx Xxxxxxx xxxxxxx Xxxxxxxxx xxx Xxxxxx Xxxxxxxxxx xxxxx xxxxxxxxx, xxxxxxx xx Xxxx xxxxxxxxxxxx, xxxxxxx xx xxxx xxx xxx Xxxxxxxxx xx xxxxx Xxxxxxxxxxxxx xxxxxxx xx xx Xxx. x Xx. x XXxX.

Xxxxxxxx:
Xxxxxxx X xxxxxxx xx.xxx XXX xxxxxxx xxxxx Xxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxx xxx xx XXX. Xx xxx Xxxx xxx Xxxxxxxxxxx xx Xxxxxxxxxxxxx xxxxx xxx xxxxxxxxxxxxx Xxxxxxxx xxxxx xx.X. xx XXXx, xxxxxxx xx xxx x.xxx XXX xxxxxxx Xxxxxxxxxxxxx xxxxxxxxxxx xx,xxxx Xxxxxx xx.xxx XXX : xx XXXx xxxxxxxxx. Xxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxxx xxxxxxxx xxx, xxxxxxx xxx Xxxxxxx xx Xxxxxxxx xxx Xxxxxx. Xxxxxxxxxxxx xx Xxxxx xxx x,xxx "Xxxxxx" xxxxxx xxx Xxxxxxx xxxxxxxxxxx xxx Xxxx x xx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx x xx Xxx xxx Xxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxx.
Xxx Xxxxxxxxxxxxxxxxxx xxx xxx Xxxxxx xxxxxxxx xx.xxx XXX. Xxx xxxxx xx Xxxxxxxxxxxxxxx xxxxxxxxxxxxx Xxxx xxx xx XXX xxxxxxxx xxx Xxxxxxx xx,xx XXX xx,xxx x xx XXXx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xx xxxxxxxx xx xx Xxx. x Xx. x XXxXx.

xXxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxx xxxxxxxxxx xxxx xxxxxxxxxx Xxxxxx xxx Xxxxxxx xx xxx xxxx xx Xxxxxxxx xxx xxx xxxx xxxxxxxxxxxx xx Xxxx xxx Xxxxxxxx xxxxxxxxx, xxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxxxx xxx xxxxxxxxxx Xxxxxxxx xxxxxxxxxx.

Xxxxxxxx:
Xxx Xxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxxxx Xxxxxxxx xxx x.xxx XXX xxxxx xxx xxxxx Xxxxxxx xxxx Xxxxxxxxxxxx xx xxx xx Xxxxx xxx xxx,xx XXX xxxxx xxxxxxxxxxx xxxx Xxxxxxxxx xxx x,xxxx Xxxxxx xxx. Xxx Xxxxxxxxxx xxx Xxxxx xxxxxx xxxxxxxxx xxx xxx Xxxxxxxxxxx xx xxx xxxxxxxxxx.
Xxxxxxxx xxx xxx Xxxxxxxxxx xxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxx xxxxxxx xxx xxxxxxxxx Xxxxxxxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxxxx. Xx xxx Xxxxxxxxxxxxxxxxxxx xx Xxxxx xxx xxx,xx XXX xxxxx Xxxxxx xxx xx,xxx x xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxx, xxxxxxx xxx xxxxxxxxxx Xxxxxxxx xxxxx xx,xxx x xxx Xxxxxxxxxxxx xxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx.
Xxx Xxxxxxxxxxxx xxxx xxx Xxxxxxxxx xxx Xxxxxxxxxx xxxxxx xxxxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxxxxxxx xx xx Xxx. x Xxxx x XXxXx.

xXxxxxxxxxxx Xxx xxxx Xxxxxxxxxxxxx, xxx Xxx xxx xxxx xxxxxxxxxxx xxxxxx, xxxx xxxxx Xxxxxxxxxx xxx xxxxxxxxxx xx Xxxxxxx, xxx xxx Xxxxxxxxxx xxxxxxxxxx. Xxxxxxxxxxxxxx xxxxxxxxx xxx xxxx xxxxx xx xxx xxx. Xxxxxxxxxxxxxxxxxx. Xxxxx xxx Xxxxxxxxxxxxx xx xxxx xxxxxxxxxxx, xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx.

9. Optionsanleihen

Xxxxxxxxxxxxxxx xxxx xxxxxxx xxxxxxxxxxxx Xxxxxxxx, xxx xxx xxxxx Xxxxxxxxxxxx xxx xxx Xxxxx xxxxx Xxxxxxxxxx, xxxxx Xxxxxx, xxxxxxxxxxxx xxxx. Xxx Xxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxx

  • xxx xxxxx xxx Xxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx,
  • xxx xxxxxxx xxx xx xxxxx Xxxxxxxxxxxxx xxxxxxxxxxx Xxxxx, xxxxxxxxx xxx Xxxxxxxxxxxx xxxx xxxxxxxxx Xxxxxx xxx Xxxxxx xxx Xxxxxxxxxx xxxx xxxxx xxxxxxx Xxxxxxxxxxxx, Xxxxxxxx, Xxxxxxxxxxxxxxx, Xxxxxxxxxxx xxxx xxxxxx Xxxxxxxxxx xx xxxxx xxxxxxxxxxxx Xxxxxxxxx xx xxxxxxxx. Xxx xxx Xxxxxxxxx xxx Xxxxxx xxxxxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxx xxxxx.

Xxx Xxxxxxx xxxx xxxxxxxx xxx xxx Xxxxxxxxxxxx xx xxxxx xxxxxxxxxxxxx Xxxxx xxxxxxxxxx. Xxxxx xxxx xxxx Xxxxxx xxxxxxx:

  • Xxxxxxx xx xxxx, x. x. xxx Xxxxxxxxxxxx xxxx Xxxxxxx xxx Xxxxxxxxxxxx xxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxxx. Xxxxx xxx Xxxxxxxxxxxxx xxx xxx Xxxxxxxxxx xxx Xxxxxxx xxxxxxxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxx xxxxxxxxxxx Xxxxxxxx.
  • Xxxxxxx xxxxx xxxx, x. x. xxx Xxxxxxxxxxxx xxxx Xxxxxxx xxx Xxxxxxxxxxxx xxxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxxx. Xxx Xxxxxxxxx xxxxxxxx Xxxxxxxx xxx Xxxxxxxxxxxx xxxx xxx Xxxxxxx xXxxxx xxxxxxxxxx xxx xxx xxx Xxxxxxx xxxx xxx Xxxxxxxxxxxx xxxxxxxx Xxxxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxx xx xxxxxx xxx, xxxx xxx Xxxxxxx xxxxxxxxxxxx xxxxxxxx.

Xxxxxxxx:
Xxx Xxxxxxxxxxxx xxxxx Xxxxxxxxxxxxxx xxxxxxxx xxx XXX, xxx Xxxxxxxxxxxx xxxxxxx xxx Xxxxxxxx xxx xxx XXX. Xxx Xxxxxxxxxx xxxxxxxx x x, xxxxxxx xxx xxx Xxxxxxxx. Xxx Xxxxxxx xxxx xxx Xxxxxxxxxxxx xxxxxxxx xxxxxxxx xx XXX.

Xxx Xxxxxx xxxxx Xxxxxxxxxxxxxx xx xxxxx Xxxxxxxxxxxx, xxx xxx Xxxxxxxx xxxxxxxxxx, xxxxxx xxxx xxxxx xxxxxx xxx Xxxxx: Xxx xxx xxx Xxxxxxxxxxxx xxxxxxxxxx xx xxxxxxxxxxx Xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxx xxx Xxxxxxxxxxxx xxx xxx xxxxxxxx xxxxxxxxx Xxxxxxxxxxxxxxxxxx xx xXXXxXxxxxx xxx x.x.xxxx, XXxXx. xxxx XX X. xxxx. Xxxxxxxx xxxx Xxxxxxxxxxxxxx xxxx xx:

  • Xxx Xxxxxxxxx: Xxx xxx Xxxxxxxxxxxx xxxxxxxx Xxx xxxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxx, xxxx xxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxx xxx xxx xxxxxxxxxxx Xxxxxxxxxxxx xxxx. Xxxxxxxxxxxxx. Xxxx xxxx xxxxx xxxxxxxxxxx.
  • Xxx Xxxxxxxxxxxx: Xxx xxx Xxxxxxxxxxxx xxxxxxxx Xxx xxxxxx xxx Xxxxxxxxxxxxxxxxxxx, xxx xxx Xxxxxxxxxxxx xxxxxx xxxx Xxxxxxxxxxxxx xxxx xxx xxxxxxxxxx Xxxxxxxxxx xxx Xxxxxxx xxx xxxx. Xxxxxxxxxxxxx. Xx xxxxxx Xxxx xxxxxxxxx xxx Xxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xx xxxxxx Xxxxx xxx xxx Xxxxxxx xxx xxxxxxxx xxxxx xxxxxxxxxxxxx Xxxxxxxxxxxx. Xxx Xxxxxxxxxxxx xxxx xxx Xxxxxxxxxx, xxx xx Xxxxxx xxxxxxxxx xxxx, xxx xxxxx xxx Xxxxxx xx Xxxxxxxxx xxx Xxxxxxx xxxxx xxx Xxxxxxxxxxxx xx xxxxxxxxxx xxx xxxxx xx xx Xxx. x Xx. x xxx Xxx. x Xx. x XXxXx. Xxx Xxxxxxx xxx xxxx xxxxxxxxxxx Xxxxxxxxxx, xxxxxx xxxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxx xx Xxxxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxx xxx xxxx XXXxXxxxxx xxx xx.x.xxxx, XXxXx. xxxx XX X. xxxx.

Xx Xxxxxxxxx xxxxxxx xxxx Xxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxx:xxxxx xxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxx xxx xxxxx xxxxxxxxxxx Xxxxxxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xx XXXxXxxxxx xxx x.x.xxxx, XXxXx. xxxx XX X. xxxx. Xxxx xxx Xxxxxxxx xxxxxxx xxx Xxxxxxx xxx xxx Xxxxxxxxxxxx xxxxxxxxxxx xxxxxxxx xxx xxxxxxx xx xxx Xxxxxx xxxxxxxxx xxxxxx. Xxxxxxxx xxxx xx xxxx xxxx Xxxxxxxxxxxxxx xxxx xxxxxxxxxxxx Xxxxxxxxxxx xxxxx:

  • Xxxxxxx xxx Xxxxxxxxxxxxx xXxxxxxx "xxx"x,
  • Xxxxxxx xxxx Xxxxxxxxxxxxx xXxxxxxx "xx"x,
  • Xxxxxxxxxxxxx xxxxxx xxxxxx xxxxxxxx.

Xxxxxxxxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xx:

  • Xxx xxxxxxxxx Xxxxxx xxx xxx Xxxxxxx xxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx xxxxxxxx xx xx Xxx. x Xx. x XXxXx. Xxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx.
  • Xxx Xxxxxx xxxx Xxxxxxx xxx Xxxxxxxxxx xxxx Xxxxxxxxxxxxx xxx Xxxxxxx xxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx. Xxx Xxxxxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx, xxxxx Xxxxxxx xxxxxxxx xxx Xxxx xx Xxxxxxxxxxxxxxxxxxxxxxx.
  • Xxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxx xxxxxxxxxx xx xxxxxxxx Xxxxx xxxxxxxxx xxx xxx "Xxxx xxxxx Xxxxxxxxxx" xx Xxxxxx xxxxx Xxxxxxxxxxxxxxxxx. Xxxxx xxxxxx xx xxxxx Xxxxx, xx xxx Xxxxxxxxxxxxx xxxx xxx xxx Xxxxxxx xxxxxxxxx xxx xxxx xxxxxxx xxx xxx xxxxxxxx xxxxx.

xxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxxx xxx, xxxxxxx xx xx Xxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxx xx. Xxx Xxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxx xx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxx.

  • Xxxxx xxx Xxxxxxxxxxxxx xxxxxxxx xxx xxx Xxxxxxx xxxxxxxx, xxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxxxxx xx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx.
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  • Xx xxxxxxx Xxxxxxx xxxxxxx Xxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxx, xxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxx xxxx xxx Xxxxxxx xx Xxxxxxxxxxxxxxxxx xxxxxxxx xxxx.
  • Xxxx xxxx xxxx xxxx Xxxxxxxxxxxxxxx, xxx xxx xxx x.x.xxxx xxxxxxxx xxxxxx.

XXXXXXXXX: Xxxxxxxx xxx Xxxxxxxxxx xxx xxx Xxxxxxxxxxxxxx "xxxxx xxxx" xxxxxx xxxxxxxx xxx, xxx xx xxx xxx Xxxxxxxxxxxxxx, xxx "xx xxxx" xxxxxxxxxx xxxx, xxxxxxxxx xxxxxxxxxxx. Xxx Xxxxxxxxxxx xxx Xxxxxxx xxxx Xxxxxxxxxxxx xx Xxxxxxxxxxxxxxxxxx xxxxxxxx xxx xxxxx Xxxx xxxxxxx xxx xxx x xxx Xxxxxxxxx. Xxxx Xxx xxx Xxxxxxx xxxxxx xxxx xxx Xxxx xxx Xxxxxxxxxxxxxx xxx xxx Xxxxxxxxx xxxxxxxx xxx Xxxxxxxxxxx xxx Xxxxxxx xxx xxx xxxxxx Xxxx xxx Xxxxxxx "xx" xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxx.

10. Aktienanleihen

Xxxxxxxxxxxxxx xxxx xxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxx, xxx xxxxx xxx Xxxxxxxx xx Xxxx xxx Xxxxxxxx xxx Xxxxxxxxx xxx, xxxxxxxx xxx Xxxxxxx xxx Xxxxxxxx xxxxxxxxxxxxxxx xxxx xxx Xxxxxxx xxxx xx Xxxxxxxxx xxxxxxxxxxx Xxxxxx xxx Xxxxxx xx xxxxxxxxxxx. Xxx xxx Xxxxxxxxx xxx Xxxxxx xxxxxxxx xxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxx.

Xxxx xxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxx xxx Xxxxxxx xxxxxxxxxxxxxx, xx xxx xxxxxx Xxxxxxx xxxxxxxxxx xxxxxxxxxxxx. Xxxxxxxx Xxx xxxxxxxx xxx Xxxxxx xxxxxxxxxxx, xx xxxxxxxx xxx Xxxxxxxxxxxxxx xx Xxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxx xxx Xxxxxxx.

Xxxxxxxxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

  • Xx xxxx xxxx xxx Xxxxxxx xxxx Xxxxxx xxxxx xxxx xxx Xxxxxxxxxx xxx Xxxxxx xxxxxxxxxx, xxxxxxx xxxx xxx xxxxx xxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxx xxx xx Xxx. xx Xxxx x XXxXx.
  • Xxx Xxxxxxxxxxxxxx xxxxx xxxx xxx xxxxxxxxxxxx xxx Xxxxxx x xxxxxx xxx xxx xxxx x xxxxx xxxx xxxxxxxxxxxxxx xxx, x.x. xxx Xxxxxxx xxxx xxxxx xxx xxxxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx. Xxxx xxxx xxx xxxxxxxxxxxx Xxxxxx xxxxxxx xxxxxxxx xxxxxx, xxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxxx xx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxxxxxxxxxx. Xxxx xxx xxx Xxxxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxx Xxxxxxx xxxx xxxxxxxxxx xxxxxx x xxxxxxxxxx xxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxx.
  • Xxx xxxxx Xxxxxx xxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx.

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11. Umtauschanleihen

Xxxxxxxxxxxxxxxx xxxxx x xxxxxx xxx Xxxxxxxxxxxxxx x xxxx xxxxxxxx Xxxxxxxxxx. Xxx xxxxxxxxx xxx Xxxxxxxxxxx xxxxx x xxx xxx Xxxxxxxxxxxxxx x xxx Xxxxxxxxxx, xxxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxx, xxx Xxxxxxxxxxxx xxx xxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxx xxx xxxxxxxxxxxx xxxxx xxxxxx xxxxxxxxxxxx Xxxxxx xxx xxxxxxxxxx Xxxxxx xx xxxxxxxxx. Xxx xxx Xxxxxxxxx xxx Xxxxxx xxxxxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxx.

Xxxx xxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxx xxx Xxxxxxx xxxxxxxxxxxxxx, xx xxx xxxxxx Xxxxxxx xxxxxxxxxx xxxxxxxxxxxx. Xxxxxxxx Xxx xxxxxxxx xxx Xxxxxx xxxxxxxxxxx, xx xxx xxx Xxxxxxxxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxx xxxxxx xxx xxx Xxxxxxxxxxxx, xxxxxx xxx Xxxxxx xxxxxxxx.

Xxxxxxxxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

  • Xx xxxx xxxx xxx Xxxxxxx xxxx Xxxxxx xxxxx xxxx xxx Xxxxxxxxxx xxx Xxxxxx xxxxxxxxxx, xxxxxxx xxxx xxx xxxxx xxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxx xxx xx Xxx. xx Xxxx x XXxXx.
  • Xxx Xxxxxxxxxxxxxxxx xxxxxx xxx Xxxxxxxxxx xxx Xxxxxx xxxxx xxxx xx xxxxx xxxxxxxxxxxxxxxxx Xxxxxx. Xxxx xxxx xxxxxxxxx Xxxxxxx xxx Xxxxxx xxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxxx xxxxxxxxxxxxxxxxxx. Xxxx xxx xxx Xxxxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxx Xxxxxxx xxxx xx XxxxxxxXxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx xxx xxxx xxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx.
  • Xxx xxxxx Xxxxxx xxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx.

12. Discount-Zertifikate (Vollrisiko-Zertifikate)

Xxxx xxxxxxxxxxxx Xxxx xxx Xxxxxxxxxxxxx xxx xxx XxxxxxxxxXxxxxxxxxx. Xxxx xxxxxx xxxxx Xxxxxx xxxxxxx, xxxxxxx xxx Xxxxxxx xxxx xxx xxx Xxxxxxxx xxxxxxxxx. Xxx xxxx xx xxxxx Xxxx xxxxxxxxxx, xxx xxxx xxxxx xxx Xxxxxxxx xxxxx. Xxxxxx xxx xxx Xxxxxxxxxxxxxx xxxx xxx XxxxxxxxxXxxxxxxxxxxx xxxxx xxx Xxxxxx xxxxxxxxxxx xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxx xxxxxxxxxx xxxx. Xxxxxxxxxxxxxxxxxxxxx.

Xxxxxxxxxxxxxxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxxxxx, xxx xxxxx xxx Xxxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxx xxxxx Xxxxxxxxxx, x. X. xxxxx Xxxxxxx xxxx xxxxx Xxxxxxxxxxx, xxxxxxxxx xxx xxx xxx xxxxx xxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxx xxx xxxx xxx Xxxxxxxxx xxx Xxxxxxxxx xxxxxxxx xxxx. Xxxx xxx xxx Xxxxxxxxxxxx xxxx Xxxxxxxxx xxx Xxxxxxxxxxxx xxxxxxxxx xxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxxx. Xxxxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxxx xxxx xxxxxx xxxxxxxxxxx Xxxxxx xxx Xxxxxx xxxxxxxxx.

Xxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxx xxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx xxxx xxxxxxxx, xxxx xx xxxx xxx Xxxxxxx xxxxx xxxx xxx Xxxxxxxxxx xxx Xxxxxx xxxxxxxxxx xxxx, xxxxxxx xxxx xxx xxxxx xxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxxx xx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxxxxxxxxxx. Xxx Xxxxxx xxx xxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxx Xxxxxxx xxxx xxxxxxxxxx xxxxxx x xxxxx xxxxxxxxxx xxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxx xx Xxx. xx Xxxx x XXxXx.

Xxx xxx Xxxxxxxxxxxxxxxxxx xxxx xxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxxx, x. x. xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx, xxxx xxxx XxxxxxxxxXxxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxx, xxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxx xxxxxx. Xxx Xxxxxxxxxxxxxxx xxxxxx xxxxx Xxxxxxxxx xxx XxxxxxxxxXxxxxxxxxxxx, xxx xxx xxx xx.x.xxxx xxxxxxxxxxx xxxxxx xxxx xxx xxx xxx x.x.xxxx xxxxxxxxxxx xxx xxx xxx x.x.xxxx xxxxxxxxxx xxxxxx xxx xx Xxx. xx Xxxx x XXxX xxxxx. Xxx Xxxxxxxxxxx xxxx xxxxxxxx xxxx Xxxxxx, xxx xx xxx x.x.xxxx xxxxxxxxx xxxxxx xxx xxx Xxx. xx Xxxx xx XXxX xxxxx.

Xx Xxxxxxxx xxx xxx xxxxxxxxxxx Xxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxx Xxxx xxxx xxxxx Xxxxxxxx xxxxxxxxxxxxx xxxx xxx XxxxxxxxxXxxxxxxxxxx xxxx. Xxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxxxxx, xxxxxx xxx Xxxxxxxxxx xxxx xxx xx.x.xxxx xxxxxxxx xxxxx xxx xxx Xxxxxxxxxx xxx Xxxxxx xx xxx x.x.xxxx xxxxxxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XXxXx. xxxx X X. xx, Xx. xxxx.

Xxxxxxxxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

  • Xxxxxxxxx xxxx XxxxxxxxxXxxxxxxxxxx, xxx xxx xxx Xxxxxxxxxxxxxxx Xxxxxxxxx xxxxxx. Xxx xxxx Xxxxxxxxxxx, xxx xxxx xxx xx.x.xxxx xxxxxxxxxxx xxxxxx xxx xxx Xxxxxxxxx xxx Xxxxxx xx xxx x.x.xxxx xxxxxxx.
  • Xx xxxx xxxx xxx Xxxxxxx xxxx Xxxxxx xxxxx xxxx xxx Xxxxxxxxxx xxx Xxxxxx xxx Xxxxx xxxxxxxxxx, xxxxxxx xxxx xxxx xxxxxxxxx Xxxxxxx xxx Xxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxx xxx XxxxxxxxxXxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxx. Xxxxxxxx xxx xxxxxxxxxx xxxx xxx Xxxxx xx xxxxxxxxxx XxxxxxxXxxxxxxxxxxxxxxxxxxxxxx xxx Xxxx.
  • Xx Xxxx xxxx xxxx xxx Xxxxxxx xxx Xxxxxxxxx xxx Xxxxxx xxxx xx xxxxxxxx Xxxx xxx xxxxxxxx Xxxxxxxxxxxxxxxx xx xxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxx xxx Xxxx xxxxxxxxxxxxxxx xxxxxx.

XXXXXXXXX: Xxxx xxxx xxx Xxxxxxxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxxxx xxx xx Xxxx xxxxxxxxxx Xxxxxx xxx Xxxxx xxxxx, xxxx xxx xxxxxxxxxxx Xxxxxxxxxxxxxxx xx xxxx xxxxx xxxx xxx xxxxxxxx Xxxxxxxxxxxxxxxx xxxxxx xxx xxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx. Xxxxxxxx xxxx xxx Xxxxxxx xxxx xxx xxxxx xxxxxxxxx Xxxxxxxxxxxxx xxx Xxxxxx xxxxxxxxxxxx xxxxxx, xxx xxxx xxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxxx xx XxxxxxxXxxxxxxxxxxxxxxxxxxxxxx. Xxx Xxxxxxxxxx xxx Xxxxxxxxx xxxx xxx Xxxxxxxxxxxx xxx XxxxxxxxxXxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxx xxxxxxxx xxxxxx.

Xxxxxxxx:
Xxx XxxxxxxxxXxxxxxxxxx xxxx xx Xxxxxxxxx xxxx xxxxxxx. Xxx Xxxxxxxx xxx xx.xxx XXX xxxx xxxxx Xxxxxxxxx xxx Xxxxxx xxx Xxxx xxx x.xxx XXX xxxxxxx. Xxxxxxx xxxxx xxx Xxxxxxxxxx xxx Xxxxx xxx xx.xxx XXX. Xxx xxxxxxxxxxxx Xxxxxx xxxxxx xx Xxx xxxx xx x.xxx XXX xxxxxxxx.

Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxx

Xxxxxxxxx xxx Xxxxxx xxxxxxxxx

xx.xxx XXX

.x. x.xxx XXX

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Xxxxx xxxxxxxxxxxx xx Xxxxxxxxx xxx Xxxxxxxxxxxxxxx

Xxxxxxxxxxxxxxxxxx xxx Xxxxxx

Xxxxxxxxxxxxxx xxx Xxxxxx xxxxxxxx

x.xxx XXX

x XXX

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.x. x.xxx XXX

Xxxxxxx, xxxxxxxxxxxx xx Xxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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x x.xxx XXX

XXXXXXXXX: Xxxxxx Xxx xxxxxx Xxxxxxxx xxxxxxxxxx, xxxxxxx Xxx Xxxx XxxxxxxxxXxxxxxxxxxx xxxx xxx Xxxxxxxxxxx xxxxxxxxx, xxxxxx xxxx xxxx Xxxxxxxxx xx Xxxxxx xxxxxxxxxx. Xxx xxxxxx xxxxxxxxxxxxxx Xxxxxxx xxxx xxx Xxxx xxxxxx xxxxxxxxxx, xxx xxxx xx xxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxx xxxxxx Xxxxxxxxxxxxxx.

13. Niedrigverzinsliche Anleihen

Xxxxxxxxxxxxxxxx Xxxxxxxxxxx xxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxx, x.x. xxx xxxxx Xxxxxxxx xxx xxx Xxxxxxxx, xxxxxxxxxx xxxxxx. Xxxxxx xxx xxx xxxxxxxx Xxxxxxxxxx xxxxxxxxx. Xxx Xxxxxxxxxxx xxxx xxxxxx xxx Xxxxxxxx xx xxx x xxxxxxxxxxxxxx. Xxx xxxxxxxxxxxxxxxxxxxx Xxxxxxxx, xxx xxx xxxx xx xxxxx Xxxx xxxxxxxxx xxx Xxxxxxxxxx xxxxxxx xxxxxx xxx xx xxxx xxx Xxxxxxxx xxxxxxxxxx xxxxxx, xxxxxx xxx Xxxxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxxxxxxx. Xxxxxxxxxxxxx, xxx Xxxxxxx xxxxx xx Xxxxxxxxx xxx Xxxxxxxx xx Xxxxxx xxx XxxxxxxxXxxxxxx, x. X. xxxxxxxxxx x x xxx xxxxxxxxxx xxxxxxxxxxxx Xxxxxxxx xxx xxx Xxx. xx Xxxx x XXxXx.

XXXXXXX: Xxx XxxxxxxxXxxxxxx xxxxxx: Xxxxxxxx xxx x Xxxxx xxx Xxxxxxxx xxxxxxxxxx x xx Xxxxxxxx xxx Xxxxx xxx Xxxxxxxx x xx Xxxxxxxx xxx Xxxxx xxx Xxxxxxxx x xx Xxxxxxxx xxx Xxxxx xxx Xxxxxxxx x xx Xxxxxxxx xxxx Xxxxx xxx Xxxxxxxx x xx Xxxxxxxx xxxxx xx Xxxxx xxx Xxxxxxxx x x xXXXxXxxxxxxxx xxx xx.xx.xxxx, XXxXx. xxxx XX X. xxxx.

Xx xxxx xxxx xxx Xxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxxxx xxxxxx xxxxxxxx xxxx XxxxxxxxXxxxxxxx xxxxxxxxxx, xxx xxxxxx xxxx xxx XxxxxxxxXxxxxxx xxxxxxxxxx xxxxxxx. Xxxx xxxx xxxx xxx xxxx Xxxxxxxxxxx, xxx xx xxxx xxxxxxxx xxxxxx. Xxx Xxxxxx xxx xxxx xxxxxx xxx Xxxxxxxxxxxxxxxx xxx Xxxxxxxxxx xxxx Xxxxxxxxxxxxx xxxx xx xxxx xxxxxxxxxx xxx xxx Xxx. xx Xxxx x XXxXx.

XXXXXXXXX: Xxx xxx xxxxxxxxxxxxxxxxxxxx Xxxxxxxx xx xxxxxxxxxxxxx xxxx XxxxxxxxXxxxxxxx xxxx. XxxxxXxxxxxxxxXxxxxxxxx. Xxx xxxx Xxxxxxxx xxx xxxxx Xxxxxxxx xxx Xxxxxxxx xxxxxxxxxx xxx XxxxxxxxXxxxxxx. Xxxxx Xxxxxxx xxxxxx xxx Xxxxxxxxxxxxxxxxxx, xxxxx Xxxxxx xxx Xxxxxxxxxx xxxx Xxxxxxxxxxxxx xxxxx xxxxxx xxxxxxxxxxxxxxx xxx xxx xx xxxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxx.

14. Anleihen mit Erwerb unter oder über Nennwert

Xxxxx Xxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxx xx xxxx xxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxx xxxxxxxx xxx Xxxxxxxx: Xxxx xxx xxx Xxxxxxxxx xxxxxxxx Xxxxxxxx xxx Xxxxxxxxxxx xxx xxxxxxxxxxx Xxxxxxxxxx xxx. Xxxxxxxxxxx, xxx xxxxxxxx, xxxx xxx Xxxxxxxxxxx xxxxxxxx xxx Xxxxxxxx xxxxxxx. Xxxx xxxxxxxx xxxxx xxx Xxxx xxxxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxx, xxxxx Xxxxxxxxxx xxxxxxxxx xxx xxx xxx xxxxxxxx Xxxxxxxxx. Xxxxxxxx Xxx xxxx Xxxxxxxxxxx xx xxxxx Xxxx xxxxxxxxx xxx Xxxxxxxxx, xxxxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxx xxxx Xxxxxxxxxxxxx xxxx xxxxxxxxx Xxxxx xxx Xxxxxxxxxxxxxxx xxx xxxxxx xxxxx xxxxxxxxxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XXxXx. xxxx X X. xxxx.

Xx xxxxxxxxxxx Xxxx x xxxx Xxxxxxxxxxx xx xxxxx xxxxx xxx Xxxxxxxx xxxxxxxxx Xxxx xxxxxxxx xxxxxx x xxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxx Xxxx xxx Xxxxxxxx xxxxx Xxxxxxxxxxxxxx xxx xxxx xxxxx xxxxxxxxx Xxxxxxxxx xxx. Xxxxxx "xxxxxxXxxxxXxxxxxxxx" xxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxx xXXXxXxxxxx xxx xx.x.xxxx, XXXxXX xxxx X. xxxxx XX Xxxxx xxx x.x.xxxx, XXX xxxx X. xxxxx.

Xx xxxx xxxx xxx Xxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxx. Xxxx xxxx xxxx xxx xxxx Xxxxxxx, xxx xx xxxx xxxxxxxx xxxxxx. Xxx Xxxxxx xxx xxxx xxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxx xxxx xxxxxxxxxx xxx xxx Xxx. xx Xxxx x XXxXx.

15. Genussscheine

Xxxxxxxxxxxxx xxxxxx xx xxx Xxxxxx "xxxx" xxxxxxx. Xxx xxxxxxxx, xx xxx Xxxxx xxxxxxxx xxxx xxx Xxxxxxxx xxxx xxx xxxxxxx Xxxxxxxxxx xxx xxx xxx xxxxxxxx xxxx xx xxxxx xxxxxxxxxx xxxxxxxxxxxx Xxxx xxx xxx Xxx xxx Xxxxxxxxxxxxx xxxxx. Xxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxx xxx Xxxx xxxxxxxxx xxxxxx x xxx xxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxx Xxxxxx x xxxxxxxx xx. Xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx xxxx xxxx Xxxxxx xx xxxxxxxxxxxxx:

  • Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxx
    Xxxx Xxxxxxxxxxxxx xxxxx xxx xxxxx Xxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxxxx, xxxx xxx Xxxxxxxx xxx Xxxxxx xxxxxxxxxxxxxxx.
    Xxx xxxx xxxx: Xxx Xxxxxxx xxxxxx, xxxxxx xxx "xxxx" xxxxxxxxx xxxxxx xxx xx Xxxxxxxx xxx xxx Xxxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxx xx Xxxx xxxxxxxxx, xxxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxx. Xxxx xxxxxxxx xxxxxxxxxx Xxxxxxxx xxxxxx xxx Xxxxxxxxxxxxxxxxxxxx x xxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx x xxxxxxxxxxxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxxxxxxx xxx xx Xxx. x Xx. x Xxxx x XXxX xxxxx. Xxx Xxxxxxxxxxxxxxx xxxxxxxxxxxxx Xxxxxxxxxxxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx xx x x xxxxx xxx Xxxxxxxxxxxxxxxxxx xxx xx x. Xxx xxxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxx xXxxxx xxxxx Xxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx xx x xxx.
  • Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxx
    Xxxxxxxxx Xxxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxx xxxx xxx Xxxxx xxx xxxxx Xxxxxxxxxxxxxxxxxx, xx xxxx xxx Xxxxxx xxxxxxxxxxxxxx xxxxxxxx xx xx Xxx. x Xx. x XXxXx.
    Xxx xxxx xxxx: Xxx Xxxxxxxx xxxx xxx Xxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxx. Xxx Xxxxxxxxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxxxxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx xx x. Xxx Xxxxxxxxxxxxxxx xxxxxxxxxxxxx Xxxxxxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx xx x. Xxx xxxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxx xXxxxx xxxxx Xxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxx xx x xxx.

Xx xxxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xxx Xxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx xxxxxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xx x. Xxx xxxxxxxxx Xxxxxxxxxxxxxxx, xxxxxx Xxxxxxx xxxx xxxxx Xxxxxxxxxxxxxxxxxxxx xx xxxxxx, xxx xxxxxxxxxx xxx Xxxx xx xxxxxx xxx xxxx xxx xxx xxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xx xxxxxxxxx, xxx xxxx xxxx xxxxx xxxx xxxxxxxx. Xxx xxxx xxx xx Xxxxxxxx xxxxxxxxxxxx Xxxxxx xxx Xxxxxxx xxxxxxxxx xxxxxxxxxxxxxxx xxx xxx xxx Xxxxxxxxxxxxxxx xxxxxxx.

Xxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxxxxx xxx xxxx xxxxxxxx xxxxxxxxxx xxxxxxxxxxxx Xxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxx xxx xx Xxx. x Xx. x Xxxx x XXxX xxxxx. Xxxxxxxxxxx x xxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxxxx x, xxx xxx xxxx xxxxxxxx xxxxxx, xxxxxx xxx Xxxxxxx xxxx Xxxxxxxxxx xx xxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxx xxx xxxxxxx xxxxxxxxxx xxx xxx Xxx. xx Xxxx x XXxXx.

  • Xxxx xxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx, xxxx xxxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxxxxxxxx xxxxxx xxxx xxx xxxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxx xx xxxx xxxxxxxxxxxxxxx xxxx xxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XXxXx. xxxx X X. xx, Xx. xxxx.
    Xxx xxxxxxxx: Xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxx xxx Xxxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx. Xx xxxxx xxxxxx xx Xxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxx xxxxxxx xxxxx, xxx xxx Xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx. Xxx xxxxx xxxxxxxx xx x xxx Xxxxxxxxxxxxxxxxxxxxxx. Xxxx xxxxxx xxx Xxxxxxxxxxxxxxx xx x xxx xx x xxx Xxxxxxxxxxxxxxxxxxxxxx.
  • Xxxx xxx Xxxxxxxxxxxxxxx xxx xxxxx xxx Xxxxxx xxxxxxxxxxx, xxxx xxxxxxxxxxxxxxx Xxxxxxxxxxxx, xxx xxx xxxx xxxxxxxx xxxxxx xxx xxxx xxxx xxxxxxxx xxxxxx, xxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxx xxxxxx. Xxx xxx xxxxxxxx: Xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxx, xxxxxxx xxxxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxxxxxxx xXXXxXxxxxx xxx xx.xx.xxxx, X X xxxxx, XXxXx. xxxx XX X. xxxx.
  • Xxxxxxxxx xxx xxx xxx Xxxxxx xxxxxxxx: Xxxxxx xxx xx x.x. XXXxXxxxxxxxx xxxx xxxx xxxxxxxxxxxxxxx Xxxxxxxxxxxx xxx xxxxxxxx xxxxx Xxxxxxxxxxxxxxxxxx, xxx xxx xxxx xxxxxxxx xxx xx xxxx xxxxxxxx xxxxxx, xxx Xxxxxxxxxxxxxxxxxxxxxxxx xxx xx xxx Xxx. xx Xxxx x XXxX xxxxxx. Xxxxxx xxxxx xxx Xxxxxx xxx XXX. Xxxxxxxxxx xxxx xxxxx xxx xxxx xxx Xxxxxx xxx Xxxxxxxxxxx xxxxxxxxxxxx. Xxxx xxx Xxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxxx, xxxx xx xxxxx xx xxx Xxxxxxxxxxxxxxxx xxxxxxx xxxxxx. Xxxx xxxxxxxxxxxx xxx XXXxXxxxxx xXXXxXxxxxxxxx xxx xx.x.xxxx, XXxXx. xxxx X X. xxxxx.

XXXXXXX: Xxxxxxxxx xxxx xxx xxxxx XxxxxxxxxxxxXxxxxxxxxxxx: Xx xxx XxxxxxxxxxxxXxxxxxxxxxxxx xxxx xxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxx xx Xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx, xxxxxxx xx xxxx xx xxxxxxxxxxxxxxx Xxxxxxxxxxxx xXxxxxxxxxxxxxxxxx. Xx Xxxxxxx xxxx xxx xxx Xxxxxxxxxxxxx xxx xxx Xxxxxxxxx xxxxxx Xxxxxxxxxxxxx xxx xxxx xXXXX XXxxxxxxxxxx, XXX xxxxxxx xxxxxxxx, xx xxx Xxxxxxxxxxxxxxx xx xxxxxxxxxxxx. Xxxxx xxxxxxxxxxxxxx Xxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxx xxxxxxxx. Xxxxx xxxxx xxx Xxxxxxxxxxxx xxxx xxxxx xxxx xxxxxx Xxxxxx xxxxx xxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxx xxxxxxxxxx. Xxx Xxxxxxxxx xxxxxxxx xx xxxxx Xxxx xxx xxx Xxxxxxx. Xxxxxx xxxxx xx xxx xxxxxxxxxxx Xxxxxxxxxx xxxxxx Xxxxxxxxxxxxx.

16. Gewinnobligationen

Xxxxxxxxxxxxxxxxxx xxxx xxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxx, xxx xxxxx xxxx xxxxx xxxxx xxxxxx Xxxxxxxxxx xxx xxxxx xxxxxxx xxxx xxxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxx xxxxxxxxxxxx xxxx. Xxxx Xxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx xx Xxxxxxxxx xx xxxxx Xxxxx xxxx Xxxxxxxxxxxxxxxxx, xxxxxxx xxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xxx Xxxx xxxxx Xxxxxxxxxxxxxxxxxxxxxxxxx xxxx xx xxxxxx Xxxxx xxxxxxxxxxxxxxx xxxx xxxx. Xxxxxx Xxxxx. Xx xxxx xxxx xxxx xxxx xxx xxxxx xxxxxxxxxxxx Xxxxxxxx xxx xxxxx xxxxxxxxxxxxxxxxx Xxxxxxxxxx xxxxxxxxxxxxxx xxxx. Xxxxxxxxxxxxx Xxxxx.

Xxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxx xxxxxxxxxxxxxxx xxxxxxx, xxxxxx xxx Xxxxxxxx xxxxx xxx Xxxxxxxxxx, xxxxxxx xxx Xxxxxx xxxxxxxxxx. Xx xxxxxx xxxxxxxx xxx Xxxxxxxxxx xxx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx. Xxx Xxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx.

Xxxxxxxxxxxxxxxxxx xxxxxx xxx xxxx xxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxx. Xxxxx xxxx xxxx xxxxx Xxxxxxx, xxx xxx xxxx xxxxxxxx xxxxxx, xxx Xxxxxxx xxxx Xxxxxxxxxx xx xxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxx xxx xx xxx Xxx. xx Xxxx x XXxX. Xxx xxx xxxxxxxx: Xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxx, xxxxxxx xxxxxx xxxx xxxxx Xxxxxxxxxx xxx xx Xxxxxxx xxxxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxxx.

17. Bausparen

Xxxxxx xxx Xxxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx. Xxx xxx xxxxx xxxxxx xx, xxxx xxxx xxxxxxxxxx Xxxxx xxxxxxxxxxxx xxx Xxxxxxxxxxxxx xxx xxx Xxxxx xxx Xxxxxxxxxxxxxxxxxx, xxxx

  • xxxx Xxx xx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxx xx Xxxxxxx xxxx XxxxxxxxxxxxxXxxxxxxxxx xxxx xxxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxxxx xxxx
  • xxx Xxxxxxxx xxxx Xxxxx xxxxx xxxxxx xxx x x xxx xxx xx Xxx. x Xx. xx Xxxxxxxxxxxx. xx XXxXx.

Xx xxxx xxxxxxxxx xxxxx Xxxxxxxxxxxxxxxx, xxxxxx xxx Xxxxxxxxxxxxx xxxx xx xxxxxx Xxxxxxx xxxxx Xxxxxxxxxxxxxxx xxx xx x xxxxxxxxxxx. Xxxx xxxx xxxx xxxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx, x. X. xxxx Xxx xxx xxx Xxxxxxxx xxxxxxxxxx. Xxxxxxxxxxxxxxx xxxx xxxx xxxx xxxxxxxxxxx, xxxx xxx Xxxxxxxxxxxxxx xxxxxxxxx xxxx xxxxxxxxxxxxxxxxxx xxx xXxxxxxxxxxxxxxxxxx xxxx XxxxxxxxxxxxxXxxxxxxxxxx.

XXXXXXX: Xxxx xxx Xxxxxx xxxxx Xxxx xxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxx xxxxxxxx, xxxxxx xxxx xxxx, xxxx xxx Xxxxxxxxxxxxxxxxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxx xxxxxxxx xxxxxx x xxx xxxxx xxx Xxxxxxxxx xxxxxxx xxxxxxx. Xxxxxxx xxxxxxx Xxx xxxxxxx, xx Xxx xxx Xxxxxxxxxxxx xxxxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxx xxx xxxxx xxx Xxxxx xxx Xxxxxxxxxxxxxxx xxxxxxxxx.

XXXXXXXXX: Xxxxxxxxx xxxx xxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx. Xxx Xxxxxx xxx xx xxx Xxxxxxxxxxxx xx xxxxxxx. Xxxxxxxxxxxx xxxxxxx xxxx XxxxxxxxxxxxxXxxxxxxxxx xxxxxxxx, xxxx xxx xxx xxxxxxxxxxxxxxxxxxx Xxxxxxxxxx xxx Xxxxxxxxxxxx xxxxxxxx Xxxxx xxx Xxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxx xx xxx Xxxxxxxxxxxxxx xxxxxxxxx xxxxxx. Xxx Xxxxxx xxxxxx xxxxxxx xx xxx Xxxxxxxxxxxxxxxx xXxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxx xxxx xxxx xxx xx xxx "Xxxxxx X" xx Xxxxx. Xxxxxxxx xxx xxxxxxxxxxxxxxxxxxx Xxxxxxxxxx xxx Xxxxxxxxxxx xxxxxxxxxxxxxxx xxxx, xxxx xxx Xxxxxxxxxxxxxxxxxx xxx xxx Xxxxxxxxxx xxxxxxxxxx.

Xxxxx xxx Xxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxx xx Xxxxxxxxxxxx xxxxx xxxx Xxx xxxxxxx xxxxxx, xxxx Xxx xxx Xxxxxxxxxxxxxx xxxxxxx xxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxx xxxxxx, xxxxxxxx xxx Xxxxxxxxxxxxxx xx xxx Xxxxxxxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxx. Xxx xxxx xxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx. Xxxxxx xxxx xxxxxxx xxx Xxxxxx xx xxx Xxxxxxxxxxxxxxxx xxxxxxxxx xxxxxx.

Xxxxx Xxx xxxxx xxxxxxxxxx xxxxxxxxxxxxxx XxxxxxxxXxxxxxxxxxxxxx xxxxxxxxxxxx, xxxxxx xxx Xxxxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxx Xxxxx. Xxx xxxxxx xxxxxxxxxxxxxxxx Xxxxxx xxxx xx xxx Xxxxxxxxxxx xxxxxxxxxx. Xxxxxx xxxxxxx xxx xxxxxxxxxxxx Xxxxxxxxx xx xxx Xxxxxxxxxxx xx xxxxxx Xxxxx xxxxxxxxxx xxxxxx.

Xxxxxxx Xxxxxxxxxxxxx: XxxxxxxxXxxxxxxxxx xxxx Xxxxxxxxxxxx

Bausparen mit einem Zwischenkredit oder Auffüllungskredit

Xx xxx Xxxxxxxxx xxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xx xxxxxxxxxxxxx xxxx xxxxxxxxxxx, xxxx xxxxxxx xxx Xxxxxxxxxxxxxx xXxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx, xxx xxxxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxxxx xxxx. Xxxx xxxxxx Xxxxxxxxxxxx xxx xxx Xxxxxxxx xxxxx xxx. Xxxxxxxxxxxxxxxxxxx, xxx xxx xxx Xxxxxxxxxxxxxx xxxxxxxxxx xxxx, xx xxx xxxxxxxxx xxxxxxxxxxxxxx xx xxxxxx. Xxxx xxxxxx xxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxxxxx Xxxxxx xxx xxx Xxxxxxxxxxxxxxx xxx xxxx Xxxxxxxxxxxx xxxx xxx xxxxxxxxxxxx Xxxxxxxx xx. Xxxxx xxxxxxxx xxx Xxxxxxxxxxxx xxxx xxxxxx xxxx xxx xxx Xxxxxxxxxxxxxx.

Xxx xxxx xxxx xxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx xx.x.xxxx, XXxXx. xxxx X X. xxxx:

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Xx xxxx xxxx xxxx xxxxxxxxxxx Xxxxxxxxxxxxxx, xxxx xxx Xxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxxx xxx. Xxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxx xxx xxx xxx Xxxxxxxxxxxxxxxxxxxx xxx xxx xx.x.xxxx xxxxxxxxxxxxx xxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

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Xxxxx xxx Xxxxxxxxxxxxxxx xxxxxxx xxx Xxxxxxxxxxxx xxxxx Xxxxxxxxxxxxxxxxxx, xxxx xxx Xxxxxxxxxxxx xxxx xxx Xxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxx xxxxxxxxx. Xx Xxxxxxxx xxxx xxx Xxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxx xxxxxxxxxxxxxxx xXXXxXxxxxx xxx x.xx.xxxx, XXxXx. xxxx XX X. xxxx XXXxXxxxxx xxx xx.x.xxxx, XXxXx. xxxx XX X. xxxx.

Xxxxxxx Xxxxxxxxxxxxx: Xxxxxxxxx: Xxxxxxxxxx xxxxxxx Xxxxxxxxxxxxxxxxxx.

18. Kapitalanlagen in Fremdwährung

Xxx Xxxxxxxxxxxxxx xx Xxxxxxxxxxxxx xx. X. Xxxxxxx, Xxxxxx, Xxxx xxxxxx xxx xxxxxxxxx Xxxxxx xxx xxx xx Xxxx xxxxxxxxxxxxx Xxxx xxx Xxxxxxx xxxxxxxxx. Xxxx xxx xxxxxx xx xxxx Xxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxxxxx xxxxxxxxxxxxxxxx

Xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxx xxx Xxxxx xx Xxxxxxxxx xxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxxxxx xx Xxxx xxxxxxxxxxx. Xxx Xxxxxxxxxxxxxxxxxx xxx xxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx. Xxx xxxxx Xxxxx xxxxxx Xxxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxx xxx xx Xxx. x Xxxx x XXxXx.

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Xxxxxxxx:

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Xxxx xxx Xxxxxxxxxx xxxx xx xxxx xxx Xxxxxxxxxxxxxxxx xxxxxxxx xxxxxx xXxxxxxxxxxxxxxx, x. X. x XXX x x XXXx. Xxxxxx xxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxx xXxxxxxxxxxxxxx, x. X. x XXX x x XXXx. xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxxx.

Xxx xxxx, xxxx xxx Xxxxxxx xxx Xxxxxxxxxxxx xx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxx xx Xxxx xxxxxxxxxxx xxxx, xxxxxxx xxxxxx xx xxxxxxxxx Xxxxxxxx xxxxxx xxx xxxxxxxx xxxxx Xxxx xxxx xx xxxxxx Xxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxx, xxxxxx xx xxxxx xxxxxxxxxx xxxxxx xxxx

Xxx XX Xxxxxxx xxx xxxxxxxxxxx, xxxx xx xxxx xxx Xxxxxxxxxxx xxxxxxxxxxx xxx, xx xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxx xx Xxxx xxxxxxxxxxx xxxx xxxx xx xx xxxxxx xx Xxxxxxxxxxxxx xxxxxxxx xxxx xxxx xxx xxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxx. Xx xxxxx Xxxx xxxx xxx Xxxxxx xx Xxxx xxxxxxxxxxx xxxxxx, xx xxx xxxx xxx xxxxxxxx Xxxxxxxxxxx xxxxxxxxxx xx xxxxxx. Xxxx xxx xxxxxxxxxx Xxxxxxxxxxxx xxx xxx Xxxxxx xxx Xxxxxxx xxxxxxxxxxxx xxxxxxxxxxx, xxxx xx xxxxxx xxxxxxxx xxxxxxxxx. Xxx xx xxx xxx Xxxxxxxxxxx xxxxxx, xxxxxxx xxxxxx xx Xxxxxxxxxxxxxxxxxxxxxx. Xxxx xxxx xxxxx xxxxxxxxxxx xxx xxx Xxxxxxxxxx xxxx Xxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx. Xxx Xxxxxxxxxxx xxx xxxxxxxxxxxxxxxxxxxx xxxxx xx xxxxxxxxxxx xXX Xxxxxxx xxx xx.x.xxxx, x X xxxxxxx.

XXXXXXXXX: Xxxxxx Xxxxxxxxxxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxxx xxxxxxxxxxx, xxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxx, xxx xxx xxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxx xxxx xxxx xxxx xxxxxxxxx xx. Xxxxx xxxxxx xxxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxx xxxxxxx.

Xxxx Xxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxx, xxx xxx xxxx xxxxxxxx xxxxxx xxx xxx "Xxxxxxxxxxxxxxxx" xxxxxx: Xxxxx Xxxxxxxxxxx xxxxxx xx xxxx xxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxx, xxxxxxx xxxx xxx Xxxxxxx xxxx Xxxxxxxxxx xxxxxxxxxxx xxx xxxxx Xxxxxxxxxx xxxxxxxxxxxxxxx xXXXxXxxxxxxxx xxx xx.x.xxxx, XXxXx. xxxx X X. xx, Xx. xxx:

  • Xxx Xxxxxx, xxx xxxxxxx xxx xxxx xxxxxxxxxxxxxxx xxx, xxx xxxx xx xxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxx xxx Xxxxxxxxxxxxxxx.
  • Xxx xxxxxx Xxxxxxxxxxxxxx xxx xx xxxxx xx xxxxxxxxxxx, xxxx xxx xxx Xxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxxx xxxxxx, xxxxxx xxx xxxxxxxxxxxxx Xxxx xxxxxxxx xxxxx Xxxxx xxxxxxxxx.
  • Xxxxxxxx xxx Xxxxxxxxxxx xxxxxx Xxxxxxxxxxx xx xxxxx Xxxxxxxxxxxxx, xxxx xxxx xxx Xxxxxxxxxxx xxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxx xx xxx Xxxxxxxxxxxxx xxxxxxxxx xxx xxx xxxx xxxxxxxx Xxxxxx xxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxxxxxxx. Xxx xxxxxx Xxxxxxxxx xxxxxxx Xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxx. Xxxxxxxxxxxxx xxxxxxxx xxx xxxxxx, xxxx xxx Xxxxxxxxxxx xx xxxxx xxxxxxxxxxxxx Xxxxx xxxxxx, xxxx xxx Xxxxxxxxxxx xxxxxxxxxxx.

Xxx xxxx xxxx xxxxxxxxxxxxxx, xxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxx xxx xxxxx xxxxxxxxxx xxxxxxxxxxxx xxxx.

  • Xx xxxxxx xxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxx x xxxxx xxx Xxxxxxxxx xxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxxxx xxxxxxx xx Xxxx xxxxxxxxxxx, xxxxxxx xxxx xxx Xxxxxxxxxxxxxxxxxx xxx xxx xxxxxxxxxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx. Xxx Xxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxxxxxxxxx xxx xxxxxxxx xxxxxxxxxx, xxx Xxxxxxxxxxxx xxxxxxxxxx xxxxx xxxxxxxxx xXXXxXxxxxx xxx xx.xx.xxxx, XXxXx. xxxx XX X. xxxx XXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx.xxxx X X. xxxx, Xx. xxx.
  • Xxx xxx Xxxxxxxxxx xxxxxxxxx xxx Xxxxxxxxxxxxxxxxx xxxx Xxxxxxx xxx Xxxxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxx. Xx xxxx xxxxx xxx xx xxxxxxxxxxxxxx Xxxxxxxx xxxxxxxxxx Xxxxxxxxxxxxxx xx Xxxx xxxxxxxxxxx, xxxxxxx xxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxxxxx xxx xxx xxxxxxxxxxxxx Xxxxxxxxxxx xXX XxxxxxXxxxxxxxxxxx xxx x.x.xxxx, XXX xxxx X. xxxx XXXxXxxxxxxxx xxx xx.xx.xxxx, XX xxxx X. xxxxx.

19. Kapitalanlagen im Ausland

Xxxx xxxxxxxxxxxxx Xxxxxxxxxxxxxxx, x. X. Xxxxxx, Xxxxxxxxxx xxx Xxxxxxx xxx Xxxxxxxxxxxxx xxxx Xxxxxxxxxx xxx Xxxxxxxxxxxxxx, xxxx xx Xxxxxxxxxxx xxxxxxxxxxxxxxx. Xxxx xxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxx xx Xxxxxxx xxxxxxxx xxxxxx, xxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx. Xxxx xxx xxxxxxxx Xxxxxx xxxx xxxxxxxxxxxxx Xxxxxx xxxxx xx xxxxxxxxxx Xxxxxxxxxxxxx xxxxxxxxxxxx. Xxxxxxx xxxxxxx xxxxxx Xxxxxxxxxxxxxxx xxxxxxxx xx xxx Xxxxxxxxxxxxxxxx xx xxx Xxxxxx XXX xxx xxx. Xxxxxx XXX xxxxxxxxx xxxxxx xxx xxxxxx xxxx xxx xxx Xxxxxxxxxxxx xxx xx x xxxxxxxxxxxxxx xxxxxx Xxxxxxx Xxxxxxxxxxxxxxxxxx x.

Xxx Xxxxxxxxxxx xxxxxxxx Xxxxxx xx Xxxxxxxxx, xxxxxxxxxxx, Xxxxxxx xxxx xxxxx, Xxxxxxx, Xxxxxxxxxxxxx, Xxxxxx, Xxxxxxx xxx Xxx Xxxxxx xxx XXxXxxxxxxxxx xxx. Xxx xxxx xxxxxx xx x, xx x.x.xxxx xx x xxx xx x.x.xxxx xxxxx xx x. Xxxxxx xxxxxxxxxxx Xxxxxxxxxxxx xxxx xx xxx Xxxxxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxx xxxxxxxxxxx.

Anlagen im Ausland abgeltungsteuerfrei?

"Xxxxxxx Xxxxxxxxxx xx xxxxxxxxxxx x Xxxxx xxxxxxxxxxxxxxxxxxx" x ... xxx xxxxxx xxxxxxxxxxxxxx xxxxxxxxxxxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxxx Xxxxx. Xxxx xxxxx Xxxxxxx xxxxxxxx xxxxxx xxxx xxxxxxxxxxxxx Xxxxxxxx: Xxx xxxxx xxx xxx Xxxxxxxxxx xxxxx xxxxxxxxxxxxxxxxxxx, xxx xxxxxxx xxx xxx x xxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxx x xxxxxxxxxx xxxxxx.

  • Xxxxxxxxxxxxxxxxxxxx Xxxxxxx xxx xxxx, xxxx xxx xxxxxxxxxxxxxxxx Xxxx xxx xxxxxxxxx Xxxxxx xxxxx xxxxxxxxx xxxxxx xxxx, xxx Xxxxxxxxxx xxx Xxxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx. Xxxx xxxx xxx xxx xxxxxxxx Xxxxxxx xxxxxxxxxxxx, xxxxx Xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxx xxxxxx xxxx xx xxxx xx xxxxxx Xxxxxxxxxxxxxxxx xx xxx Xxxxxx XXX xxxxxxxxx, xx xxx xxxx xxxxxxxxx xxx xxxxxxxx Xxxxxxxxx xxx xxx xxxxxxxxxx Xxxxxxxxxx xxx xx x xxxx. Xxxx xxx xxx. Xxxxxxxxxxxxx xxxxxxxxx xxxxxx xxx xxx Xxx. x XXxXx. Xxx, xxxx xxxx xxxx Xxxxxxxxxxxxxxx, xxx xxxx xxxxx xx xxx Xxxxxx, xxxxxxx xx xxx Xxxxxxxxxxxxxxxxx!
  • Xxxxxxx Xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxx xxxx Xxxxxxxx, xxx xxxx Xxxxxxxxxxxxxxx xxxxx xxxxxxxxxx xxxxxx, xxxxxxxxxx xxxx xxxxxx. Xxxx xxx x.x.xxxx xxx xxx "Xxxxxxxxx xx xxx xxxxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxx xx Xxxxxxxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx Xxxxx" xxx xx.xx.xxxx xx Xxxxx, xxx xxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxxxxxx. Xxxxxxxx Xxxxxxxxxxxxxxx xxxxxxx xxxx Xxxxxxxxxx xxxxx Xxxxxxxxxxxxxxxxxxxxx xxxxx xxx xxxxxxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxx Xxxxxx xxx xxxxxxxxx Xxxxxx xxxxxxxxxx, xxxxxxx xxxxx xxxxxxx Xxxxxxxxxxxxxxxxx xxxx Xxxxxx xx xxxxxxxxxxx xxx xx xxxxxxx XXxXxxxxxx. Xxxxxx xxxx xxxxxxxxx xx Xxxxxxxxxxx xxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxxxxx x xxx xxxxx xxxxxxx xxxxxxxxxxx xxxx Xxxxxxxxxxxxxxxxx, xxx xxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxx xxxx Xxxxxxxxxxxxxxxxx xxxxxxxxxxx xxx. Xxx, xxxx Xxxxxxxxxxxxx xxx xxxxxxxxxxx xxxxx xxxxx xxxxxx xxxxxx.

Zur Anrechnung nach Aufhebung der EU-Zinsrichtlinie:

Xxx xx xxxxxxxx XXxXxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxx xxx Xxxxxxx xxx x.x.xxxx xxxxxxxxxx, xx xxxx xxx xxxxxxxxxxx Xxxxxxxxxxx xxxx Xxxxxxxxxxxxxx xx Xxxxxxx xxxx xxxx xxx xxxx xxxxxxxxx Xxxxxxxxxxxxxxxxxxx. Xxx Xxxxxxxxxxxxxxxx xxx xxxxxxxxxx xxxxxxxxxxxx xxxx xxx Xxxxxxxx xxx XXxXxxxxxxxxxxxx xx xxxxxxxxxxx xxx xxxxxxxxxxxxxxx xxxx xxxxxxxxx. Xxxxxx xxxxxxxxxxxx: Xxxx xxxxxxxxxxx xxxx xxxx xxxxxxxxxxxxxx xxxxx Xxxxxxxxxx xxxxx Xxxxxxxxxxxxx xx xxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxx xxxxxxx xxx, xxx xx x xxxxxxxxx xx Xxxxxxxx x xxxx Xxxxxxxxxxxxx xxx xx x xxxxxxx. Xxxxxx xx Xxxxxxxxxxx xxxxxxx xxx Xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx, xxxxxxx xxx XXxXxxxxxxxxxxxx xxxx xxx xxx xxxxxxxx Xxxxxxxxxxxxxxx xxx xx xxxxxxxxxx. Xxxxxx Xxxxxx xxxxxxxx xxx xxxx xxxx Xxxxxxxxxxxxxxxx xxx xx x, xxx xxxx xx Xxxx xxx Xxxxxxxxx xxx xxx xxx Xxxxxxxxxxxxx xxxxxxxxxx Xxxxxxxxxxxx. Xxxx xxxx xxxxxxx xx xx Xxx. x XXX xxxx xxxx xxx xx Xxxx xxxx xxxxx xxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxx.

Xx xxxx xxxxxx xxxxxxxx Xxxxxx, xxx Xxxxxxxxxxxxxxxxxx xxx xxxxxxxxxxxxxx Xxxxxxxxxxx xxxx xx xxxx xxxxxxxxxxx xxxxx. Xxx xxxxxx: Xxx Xxxxx xxx Xxxxxxxxx xxx XXxXxxxxxxxxxxxxx xxx xxx xxxx xxxxx xxxxxxxxxxx, xxxxxxxxxxxxxx Xxxxxx xxxx xxxxxxxxxx xxx xx.xx.xxxx Xxxxxxxxxxxxx xxxxxxxxxxx xxxxxx. Xxx Xxxxxx xxxxxx xxxx xxxx xxxxxxxxx xx Xxxx xxx Xxxxxxxx xx xxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx. Xxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxx xxx xx.xx.xxxx xxx xxx xxxxxxxxx Xxxxxxx xxx Xxxxxxxxxxxx xxxxxx xxx Xxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxx xxx xxx Xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxx xxxxxxxxxxx. Xxx xxxxxxx xxxxx Xxxxxx xxx xxx Xxxxxxxxxxxxx xxxxxxx xxxxxxxxx, xxxxx xx xxx Xxxxxx XXX xx xxxx xxx xxxx xxx Xxxxxxxxxxxxxx xxxxxxxx Xxxxxxxxxxxxx xxxxx xxxx xx xxxxx xxxxxxx Xxxxx xxxxxxx xxxxx

XXXXXXX xxxxx xxx XXX XxxxxxxxxxXxxxxxxxx xxxx Xxxxxxxx. Xxxx xxxxx xxxxxxxx Xxxxxxxxx xxxxxx xxx xxxxxxxxxxxxxx Xxxxxxxxxxx xx xxx Xxxxxxxxxxxxxxxx xx xxxx xxxxxx xxxxxxxxxxxxxx, xx xxx Xxxxxxxxx xxx x.x. Xxxxxxxxxxxxxxxx xx xxxxxxxxxxxx xXxxxxxxxxxxxxxx Xxxxxxxxxxxxxxx Xx. xxxxxx xxx xx.xx.xxxxx. Xxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxx xx xxxxx Xxxxxxxxxxxxxxxx xxxxxx xxxxxxxxx, xxxx xxx Xxxxxxxxxx xxx xxxxxxxxxxxxxx Xxxxxxxxxxxx xx xxx Xxxxxxxxxxx xxxxxxxx.

Xxxxxxx Xxxxxxxxxxxxx: Xxxxxxxxxxx xx Xxxxxxx: Xxxxxxxxxxxxxxxxxxxx xxx XXxXxxxxxxxxx

xxxxxx

20. Tafelpapiere

Xxx xxxxx Xxxxxxxxxxxxxx xxxxxx Xxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxx xxxxx Xxxxxxxxxx xxxxxxxx xxx xxxxxxxxxxxxxx. Xxxx xxx Xxxxxxxxxx xxx Xxxxxxxxxxx xxxxxx Xxx xx Xxx xxxxx Xxxxx xxxxxxxxxx. Xxx xxxxxx Xxxxxxxxx "xxxxx xxx Xxxxxxxxx" xxx xxxxx xxx Xxxxx xxxx xxx Xxxxx xx Xxxxx. Xxxxxx Xxxxxxxxxx xxxx xxxxxxxxxx xxx xxxxxxxx xxx Xxxxxxxxxxxx, xxx xxx xxxxxxxxx Xxxxxxx xxxxxxxxxx xxxxxx.

Xxx Xxxxxxxx xxx Xxxxxxxxxxxxx, x. x. xxx xxx Xxxxxxxxxx xxx Xxxxxxxxxx, xxxx xx xxxxxxxx Xxxxx xxxxxxxxxxxxxxxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxx xxx xxx xxxxxxx Xxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx. Xxx xxxx xxxx xxxx Xxxxxxxxxxxxxxxxxx xxx xx x xxxxxxxxxxx, xxxxx xxxxxxxxxxxxxx xx x. Xx xxxx xxxxxxxxxxx xxx Xxxxxxxx xxx Xxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx xx x.

XXXXXXXXX: Xxx Xxxxxxxxxx xxx Xxxxxxxxxx xx Xxxxxxx xxxx xxxxxx xxxxx Xxxxxxxxxxxxxxxxxx xxx xx xxxx xxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx, xx Xxxxxx xx Xxxxxxx xxxxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxxx xxxxxx xxxxxxx. Xxxxxx xxxx xxxx xxxxxxx xxxxxxxx xxxx Xxxxxxxxx xx xxxxxx. Xxxxxx Xxxxx xxxxx xxx Xxxxxxx xxxxxxx xxxxxx xxxxx, xxxx xxx Xxxxxx xx Xxxxxxxxxxx xxxxxxxxxxxxxxx xxxx, xxx xxxx xxxxx Xxxxxxxxxxxxxxxxxx .

XXXXXXX: Xxx xxx Xxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxx x.x.xxxx xxxxx xxx Xxxxxxxxxxxxxxxxx xxx Xxxxxxx xx xx.x.xxxx xxxxxxxxx: Xxxxx xxxxxxx Xxxxxx xxxx Xxxxxx xxx xxxxxxxxxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxx xx xx.xxx XXX xxxxxxxxxxxxxx. Xxx xx xxxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxx xxxx Xxxxxxxxxxxxxxx. Xxx Xxxx xxxx xxxx xxx Xxx xxx Xxxxxxx xxx Xxxxxxxxxxxx xxxxx xxx xxx Xxxxx xxx Xxxxxx xxxxxxx Xxxxxxxxxxxxxxx xxxx Xxxxxxxxx xxxxx Xxxxxxxxx, Xxxxxxxxxxxx, Xxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxx xxxxxxxx.

21. Konten von losen Personengruppen

Xx xxxx "xxxx" Xxxxxxxxxxxxxxx, xxx xxxxx xxxx xxxxxxxxxxxx Xxxxxxxxxxxx xx. X. Xxxxxxxxxxxxx, Xxxxxx xxxx Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxx xxx Xxxxxx xxxx. Xxx xxxx xxxxxxxxxxxxxx xxxx Xxxxxxxxxxxx, Xxxxxxxxxx, Xxxxxxxxxx, Xxxxxxxxxxxxxxxxxx, Xxxxxxxxxxx, Xxxxxxxxxxxxxxxx, Xxxxx xxx Xxxxxxxxxxxxxxx, Xxxxxxxxxxxxxxxxxxxx, Xxxxxxxxxxxxxx.

Xxx Xxxxx xxxxx xxxxxxx Xxxxxx xxxxxx xxxxx xxx xxx Xxxxx xxxxx Xxxxxxxxxxxx, xxx xxx Xxxxx xxxxxx. Xxxx xxxxxx Xxxxx xxxx xxx xxxxxxxxx Xxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxx xxxxxx, xxxx Xxxxxxxxxxxx xxx Xxxxxxxxxx xxxxx xxxxxxxxx xxxx. Xxxxx xxxxxxx xxx Xxxx xx xxxx xxxxxxxxxxxxxx xxx Xxxxxxxxxxxxxxx xxx.

Xx xxxx xxxx xx xxxxxxxxxx xxxx Xxxxxxxxxxxxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxxxxxxxxxxx, xxx xxx xxx Xxxxxx xxx xxxx xxxxxxxxxxxx xxxx. Xxx Xxxx xxxx xxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxxx, xxxx xxxxxxxx Xxxxxxxxxxx xxxxxxxx xxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx xx.x:

  • Xxx Xxxxxx xxxxxxx xxx xxxxxxxxxx x Xxxxxxxxxxx.
  • Xxx Xxxxx xxxxxxxx xxxxx xxx Xxxxx xxx Xxxxxxxxxxxxx xxxxx Xxxxxx, xxx xxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx, x. X. Xxxxxxxx XX, Xxxxxxxxxxxx xxx Xxxxxx xx.
  • Xxx Xxxxxx xxx xxxxxxxxx Xxxxxx xxxxxxxx xxxxx xxxx xxx xx XXX, xxxxxxxxxxxxxxx xxx xxx Xxxxxx xxx Xxxxxxxxxx, xxxxxxxxxx xxxxxx xxx XXX xx Xxxx.
  • Xxx Xxxxxxxxxxxx xxxx xxx Xxxx xxxxxxx xx Xxxxxxxxxxxx xxxx xxxxxxxxx xxx Xxxxxx xxx Xxxxxxxxxx xxxxxxxxx.

Xxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxxx xxxxx xxxxxxxxxxxxxx xxxxxx, xxxx xxx xxxxxxxxx x x. x. xxxx xxx Xxxxxxxxxxxx xxx Xxxxxxxxx xxx xxxxxxx Xxxxxx xxx xxxx xxx. xxxxxxxx xxx xxxxxxx Xxxxxx x xxxxxxxxxxxxx Xxxxxxxxxxxxxxx xxx xxxxxxxxx Xxxxxxx xx Xxxxxxxxxxxx xxxxx xxxxxxxxxxxx.

XXXXXXXXX: Xxxx xxxx xxx Xxxx xxx xxxxxxx Xxxxxx xxxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxx, xx xxxx xxx Xxxxxxxxxxxx xxxxxxx xxxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxx xxxxxxxx xx xxx Xxx. x XXxXx.

XXXXXXX: Xxx Xxxxxxxxxxxxxxxxxxxxxx xxxx xxxxx xxxx Xxxxxxxxxxxxxxxxxxxxxxxxxx, Xxxxxxxxxxxxxxxxxxx, Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx xxxx Xxxxxx xx Xxxxxxxx xxx xxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxx.

22. Entschädigungen

Xxxxxx xxxxxxx xxxx xxx xxx Xxxxxxxxxxxxxx xxxxx xxx xxxxxx Xxxxxx x xxx xxx Xxxxxxx xxx Xxxxxxxxx xxxxxx xxxxxxxx xxxxxxx. Xxxxxx xx xxx Xxxxxxxxxxx xx xxx Xxxxxx xxxx xxx xxxx xxxxx xxxxx Xxxxxxxxxx xxxx xxxxx xxxxxxxxxx Xxxxxxxx xxxx Xxxx xxxxxxxx. Xxxx xxxxx Xxxxxxx xxx Xxxxxxxxxxxxxxxx xxx xx.x.xxxx xxxxxxxx xx Xxxxxxxxxxx xxx Xxxxxxx xxx xx Xxxxxxxxxx Xxxx xxxxx Xxxxxxxxxxxxxx. Xx xxxxxxxx Xxxxxxx xxxxxxx Xxxxxxxx xxx Xxxxxx xx Xxxxxxxxxxxxxxxxxxxxxxxx xxxx xxx Xxxxxxxx xxxxxxxxxx, xx xxxxxxx Xxxxxxx xxxxx Xxxxxx xxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxxxx.

Xxxxxx Xxxxxxxxxxxxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx xxx xxxxxxxxxxx xxx Xxxxxxxxxxxxxxx. Xx xxxx xxxx xxxxx xx "xxxxxxxxx Xxxxxxxx" xxxxxxx xx xx Xxx. x XXxX xxxxxxx. Xxxxxxxxxxxxx, xx xxxxxxx xxx xxxxxxxxxxxxx Xxxxxxxxxxxx xx xxxxx xxxxxxxxx xxxxxxxxx Xxxxxxxxxxx, xxx xxx xxx xxxxxxxxx Xxxxxxx xxxxxxxxxx xxx xxxx xxx xxxxxxxxxxxxxxxxx Xxxxxx xxxxxxxxxx xxxx. Xx xxxxxx xxxxx Xxxxx, xx xxx Xxxxxxxxxxxxxx xxx xxxxxxxxxxxx Xxxxx xxxx xxxxxxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxx xxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx.

Xxxxxxxx xxxx xxxx Xxxxxxxxxxxxxxxxxxxxxxxx xxxx xxxxxxxx xx xxxxxxxxxx Xxxxxxxx xXXXxXxxxxxxxx xxx xx.xx.xxxx, XXxXx. xxxx X X. xxxxx.

Xxxxxx Xxxxxxxxxxxxxxx xxxxx Xxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxxxxxx, xxxxxxx xx xxxx xx xxxxxxxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxx xxxxxxx xx xx Xxx. x Xx. x XXxX, xxx xxxxx xxx Xxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxxxx xxx xxx xx Xxx. x Xx. xx XXxXx. Xxxx xxxx xxxxxxxxxxxx xxxx Xxxxxxxx xxxx Xxxxxxxxxxxxx xxxxx xxxxxxxxxxx Xxxxxxxxxxxxxx xx xxxxxxx Xxxxxxx xx. X. Xxxxxx xxx xxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxxx. Xxxxx xxx xxxxxxx Xxxxxxxxxxxxxx xxxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxx xxxxxxxxxx, xxxxx xxx Xxxxxxxxxxxxxxx xxx Xxxxxxxxxxx xx xxxxxxxxxxx xXXX Xxxxxxxxx xxx xx.x.xxxx, X xxxx XxxxxxXx xxx, Xx. xxx.

XXXXXXXXX: Xxx Xxxxxxxxxxxxxxxxxxxxx xxxx xxx Xxxx x xxxxx xxx xxxxxx Xxxxxxxxxxxxx x xxx xxxxxxxxxxx Xxxxxxxxx xx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxx, xxxxxx xxxxxx xxxxxxxxx xxxx. Xxx xxx xxx xxxxxxxxxxxxxxx Xxxxxx xxxx xxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx.

XXXXXXX: Xxxxx xxxxxxxxxxx Xxxxxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxx xxx xxxx xxxxxxxxxxx xxx xxxxxxxxx. Xxx Xxxxxxxxxxxxxx xxx Xxxx xxxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxxxxx, xxx xxx Xxxxxxx xxxxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxx xxx. Xxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxx xxxx Xxxxxxxxxx xxxx xxx xxxxxxxxxxxx xxx Xxxxxxx.

Xxx Xxxxx xxx, xx xxx Xxxx xxx xxx Xxxxxxxxxxxxxx Xxxxxxxxxxxxxx xxxxxxxxx xxxx, xxx xxxxxxxxx Xxxxxxx xxxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxx xxxxxx xxxxxxxx xxxxxxx. Xxxx xxx xxx Xxxxxxxxxxxxxxxxx xxxxxxxx. Xxx Xxxxxx xxxxxxx xxxx xxxx xxx xxxxxx xxxxxxxxx XxxxxxxxXxxx, xxx xxxx Xxxxxxx xxx XXX xxxx xxxx xxxx xxxxxxxxxx xxxxxx Xxxxxx xxx Xxxxxxxxx xXXXxXxxxxx xxx x.x.xxxx, XX XX xxxxxx.

Xxx Xxxx: Xxx Xxxxxxx xxxxx Xxxxxxxxxxxxxxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxx xxxxxx, xxxx xxx Xxxxxxx Xxxxxxxxxxxx xxx xxx xx xxx Xxxxxxxxx xxxxxxxxxx XxXxxx xxx xxxxx xxxxx xxxxxxxxxxx xxxxx Xxxxxxx xxx Xxxxxxxxxxxxxxxxxx xxxxxxxxxxx xxxxxx. Xxx Xxxxxxxxxxxxxxxxx xxx xxx xxx Xxxxxxxxxxxxx xx Xxxxx xxx xx.xxx XXX xxx Xxxxxxxxxxxxxx xx Xxxxx xxx x.xxx XXX xx, xxx xxx Xxxxxxxxxxxxxxx xxxxxxxx xxxxx. Xxx Xxxxxxxxxxxxxxxxx xxxxxxxxx, xxxx xxx Xxxxxxxxxxxxxx xxxxx xxx Xxxxxxxxxxxxxxxxxxxxxxx xxxxxx xxxxxxx. Xxx xxxxx xxxxxx xxx Xxxxxxxxxxxx xxx Xxxxxxx xxxxxxxxxx, xxx xxxxxxx xxx xxxxx xxxxxxxx, xxxx xxx Xxxxxxxxxxxx xxxxx xxx Xxxx xxx Xxxxxxx xxxxxxxxxxxx xxxxxxxxxxx Xxxxxxx xxxxxx xxxxxx. Xxx xxxxxxxx Xxxxxxx xxxxx xxx xxxxx Xxxxxxxxxxxxxxx xxx Xxxxxxxx xxxxxxxx, xxxx xxxx xxxxxxx Xxxxxxxxxxxx xxx Xxxxxxxxxxxxxxxxxxxxx xxxxxxx xxx Xxxxxxxxxxxxxx xxx xxx Xxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx xxxxxx xxx xxxxxxx xxxx. Xxx Xxxxxxx xxxx xxxx xxxxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxx, Xxxxxxxxxxxxx xxx Xxxxxxxx xxx xxxx xxxxxxxxx Xxx xxx Xxxxx xxxxxxxxxx xx xxxxxxxxx, xxxxx xxxxxx xxxxxx xxxxxx. Xxx xxxx xxxxxxxx xxx xxxxxxxx Xxxxxxxxxxxxxxxxxx xxx Xxxxxxxx xxx xxx xxxxxxxxxxxxxxxx Xxxxxxxxxxxxx xxxxxxxx.

23. Zinsen auf Steuererstattungen

Xxx xxxxxx Xxxxxxxxxxxxxx xxxxxxx xxx xx Xxxxxx xxxx xxx Xxxxxxxxxx xxxxxxx, xxxxxxx xxxxxxxxxx xxx xxxx Xxxxxxxxxxxxxxxx xxxxxxxxxxx Xxxxxx xXxxxxxxxxxxxxxxxxx, xxxx xxxxxxxxxxxx xxx xxxxx Xxxxxxxxxxxxxxxxx xxxxxxxxxxx Xxxxxx xxxxxx xXxxxxxxxxxxxxxxxxxx. Xxx xxxx xxxxxxx x,x x xx xxxxxx Xxxxx. Xxx xxx xxx xxx. Xxxxxxxxxxxxxx xxx xxxx XXx:

  • Xxx Xxxxxxxxxxxxxxxxx xxxxxxx xxx Xxxxxxxxxxxxx xxxxxxxxxx xxxxxx xxx xx Xxx. x Xx. x Xxxx x XXxXx. Xx xxxxxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx xxxx, xxxxxxx Xxx xxxxxxxx xxx "Xxxxxx XXX" xxxxxxx xxx xxxxx xxx Xxxxxxxxxxxxxxxxx xx Xxxxx xx xxxxxxx. Xxxxxx xxxxx xxx Xxxxxxxxx xxxx xxxx Xxxxxx xxx xx x xxxx. Xxxx xxx xxx. Xxxxxxxxxxxxx xxxx.
  • Xxx Xxxxxxxxxxxxxxxxxx xxxx xxxxxxxxxx xxxxxxx: Xxx xxxxxxx xxxxx xxx Xxxxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxxxxx xxxx xxx Xxxxxxxxxxxxxx xxxxxxxxx xxxxxx. Xxx xxxx xxx xxxxxxxx xxx Xxxxx xxx Xxxxxxxxxxxxxx xxxxxxxx xxx xx Xx. x XXxXx.

Xxxxxxx Xxxxxxxxxxxxx: Xxxxxx xxx Xxxxxxxxx xxx Xxxxxxxxxxxxxxxxxx.

24. Anleihen von supranationalen Organisationen

Xxxxxxxxxxxxxxx xxxx xxxxx xxxxxxxxxxx xxx Xxxxxxxxxxx xx XXx xxx Xxxxxxxxxxxxxxxxxxxxxx xxx xxxxxxxxxxxxxxx Xxxxxxxxxxxxxx, xxxx xxx Xxxxxxxxxxx xx Xxxxxxxxxxxxxx xxx Xxxxxx xxxxxxxxxx xxxxxx, xxx xx xxx xxxxxxxxxx Xxxxxxxxxxxxxxxxxxxx xxx Xxxxxxxxxxx xxxxxxx xxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxxx.

Xxxxxxxxxxx xxxx xxxxxx Xxxxxxx xxx Xxxxxxxx xxx xxx xx.x.xxxx xxx

  • Xxxxxxxx xXxxxxxxxxxxxx Xxxx xxx Xxxxxxxxxxxxxx xxx Xxxxxxxxxxx x XXXXx,
  • Xxxxxxxxxxxxx Xxxxxxxxxxxxxxxx xXxxxxxx Xxxxxxxxxxx Xxxx x XxXXx,
  • Xxxxxxxxxxx Xxxxxxxxxxxxxxxx xXxxxx Xxxxxxxxxxx Xxxx x XXXx,
  • Xxxxxxxxxxxxx Xxxxxxx Xxxxxxxxxxx xXXXx.
  • Xxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxx xXxxxxxXxxxxxxx Xxxxxxxxxxx Xxxx x XXXXx.

Xxxxxxxxx xxxxxxxxxxx xxxx Xxxxxxxxxxx xx XXxXxxxxxxx xxx Xxxxxxxx xxx xxx x.xx.xxxx xxx Xxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxx xXXXXx.

XXXXXXX: Xxxx xxxx xxxxx Xxxxxxxxxxxxxxx xxxxxxxxxxx xxxx, xx xxxx xxx Xxxxxxxx xxxxxxx xxxxxxxxxxxxxxx. Xxx xxxxxxx xxxxx xx xxx Xxxxxxxxxxxxxxxx, Xxxxxx XXX, xxxxxxxxx xxxxxx.

25. Weitere Anlagen

a) Privatdarlehen

Xxxxxx xxx xxxxx xxxxxxxxxx Xxxxxxxx xx Xxxxxxxxxxxxxx xxxx xx Xxxxxxxxxxx, xxxx xxx Xxxxxxxxxxxxx xxxxxxxxxxxxxxx xxx xx Xxx. x Xx. x XXxXx. Xxxxxxxxxxxxxxx xxxx xxxxxxx xxx Xxxxxxxxx xxxxx xxxxxxxxxxxxx.

Xxxx Xxxxxxxxx, xxx xxxxx xx Xxxxxxxxxxx xxxxxxxxxxx Xxxxxxx xxxxxxxxx xx. X. xxxx xxxxxxx Xxxxxxxxxxxxxxxxxx, Xxxxxxxxxxxxxxxxxxxxxxxx, xxx xxxx Xxxxxxxxxxxxxxxx xxxxxxx xx xx Xxx. x Xx. x XXxX. Xxx xxxxxxxx: Xxx Xxxxxx xxxxxxxx Xxxxxxxx xxx xxxxxxxxxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx. Xxxxx Xxxxxxxx xxxxxx xxxxxxxx Xxxxxxxxx, xxxx xxx Xxxxxxxxx xx xxx x.x.xxxx xxxxxxxxxxx xxxx xxxxxxxxxx xxxxx.

Xxxxxxx Xxxxxxxxxxxxx: Xxxxxxxxxxxxxxx: Xxx Xxxxxx xxx Xxxxxxxxxxxxxx xxxxxxxxxx xxxxxx.

b) Vermögenswirksame Sparpläne

Xxxx xxx XXxXxxxxxxxxxx xxxxxx xxx Xxxxxxxxxxxxxxx. Xxxx xxx xxxxxxxxxxxxxxx, xx xxxx xxx Xxxxx xxxxxx Xxxxxxx xxx xxx XxxxxxxxxxxxxXxxxxxxxxx xxxxxxxx, xxxx xxxx xxx Xxxxxxxxxxxx xxx xxx Xxxxxxxxxxxxxxx xxxxxx xxxxxxxxxx.

c) Anleihen mit Lieferanspruch auf Gold (XETRA-Gold)

Xx xxxx Xxxxxxxx, xxx xxxxx Xxxxxxxxxxxxxx xxx Xxxx xxxx xxxxx xxxxxxx Xxxxxxxx xxxxxxxxxx xxx xxxxx Xxxx xxxx xxxxx xxxxxxx Xxxxxxxx xx xxxxxxxxxx Xxxx xxxxxxx xxxx. Xxxx xxx xx Xxxxxxxxxxx xxxxxxxxxxxx xxx XXXXXxXxxxxXxxxxxxxxxxxxxxxxxx xxx xxx Xxxxxxxx Xxxxxx Xxxxxxxxxxx XxxX.

XxxxxxXxxx xXXX XxXxXXx xxx xxxx Xxxxxxxxxxxxxxxxxxxxxxxxxx, xxx xxxxx Xxxxxxxx xxx xxx Xxxxxxxxx xxx Xxxx xxxxxxxxx. Xxx Xxxxxxxxxx xxxx xxxxxxxxx xxx xxx Xxxxxxxx Xxxxxx Xxxxxxxxxxx XxxX xxx xx xxx Xxxxxx xxxxxxxxx. Xxx Xxxxxxxx xxxx xxxxxxxxx xxxxxx Xxxxxxxx xxx Xxxxxxxxx xxx xxxxxxxxxxx Xxxxx Xxxx xxxxx xxx Xxxxxxxxxx xxxxxxx xxxxxx. XxxxxxXxxx xxx xxxxxxxxx xx xxx Xxxxxxx xxxxx Xxxx xxxxxxx. Xxxx xx Xxxxxxx xxxxxx xx xxxxxxxxxx Xxxx xx xxx Xxxxxxxx xxx Xxxxxxxxxxx xxxxxxxxxxx, xxx xxxxxxxxx Xxxx xxx Xxxxxx xxxx xxx Xxxxxxxxxxxxxxxx xxx Xxxx xxxxx xxx Xxxxxxx XX xxxxx Xx. XX, Xxxxx, xxxxxxxxxxx.

Xxx xxxxxxxxx Xxxxx xxx, xxx xxx XXXXXxXxxxxXxxxxxxxxxxxxxxxxxx xxxxxxxxxx xxxxxxxxx xxxx xxx xx xxx xxx Xxxxxxxxxxxxxxx xxxxxxxxxx. Xxx Xxxxxx xxxx xxx Xxxxxxxxxxxxxxxxxxx x xxxxxx xxx xxx Xxxxxxxxxx x xxx xxxxxxxxxxxxx Xxxxxxxxxxx xxxxxxxxx xXXXxXxxxxxxxx xxx x.xx.xxxx, XXxXx. xxxx X X. xxx, Xx. xxx.

Xxxxxxx Xxxxxxxxxxxxx: Xxxx xxx Xxxxxx: Xxx Xxx xxx Xxxxxxxxxxx xxx Xxxxxxxxxxx xxxxxx xxxxxxx.

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