BBVA European Banks Defensive Autocall Mar 2022 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 23/03/2022

ISIN XS2349082433

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Defensive Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level
Coupon Rate: GBP = 4.25% Quarterly (17.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
27/12/2023