INVESTMENT DESCRIPTION
CURRENCY GBP
STRIKE DATE 10/12/2025
ISIN XS3184602723
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Low Hurdle Autocall
Autocall Opportunities: Quarterly
(First Observation at 12 months)
Autocall Trigger: 100% of initial level, reduced to 75% on the Final Observation
Coupon Rate: GBP: 2.75% Quarterly (11.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
10/12/2026
FINAL MATURITY DATE
17/12/2031
