INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 26/11/2021
ISIN XS2311598192
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Investment Structure: Memory Income Autocall
Autocall opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 100% of initial level, reducing 2% every 3 Months Floored at 75%
Memory Income Rate: USD = 4.10% Quarterly (16.40% p.a.)
Income Trigger: 75% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
26/02/2025