INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 17/11/2026
ISIN XS3497923113
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 5 years
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Semi-Annually (First Observation at 12 months)
Autocall Trigger: 100% of initial level (Reducing by 2%, semi-annually)
Memory Income Rate: USD: 4.60% Semi-Annual (9.20% p.a.)
Income Trigger: 80% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
NEXT POTENTIAL MATURITY DATE
17/11/2027
