BBVA European Banks Defensive Autocall May 2021 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 19/05/2021

ISIN XS2269097452

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Defensive Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level
Coupon Rate: GBP = 4.00% Quarterly (16% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
21/02/2022