BBVA Global Markets Reducing Autocall May 2026 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 20/05/2026

ISIN XS3351610681

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 2 years
Investment Structure: Reducing Autocall
Autocall Opportunities: Semi-Annual (First Observation at 6 months)
Autocall Trigger: 100% of initial level, reducing 7.00% per period
Coupon Rate: USD: 4.60% Semi-Annually (9.20% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)

MATURITY DATE
20/11/2026

FINAL MATURITY DATE
30/05/2028