BBVA Oil & Gas Sector 60-60 Memory Income Autocall Dec 2020 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 09/12/2020

ISIN XS2190715230

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Memory Income Autocall
Autocall opportunities: Quarterly
(First Observation at 12 months)
Autocall Trigger: 100% of initial level
Memory Income Rate: USD = 2.00% Quarterly (8.00% p.a.)
Income Trigger: 60% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)

MATURITY DATE
09/12/2021