BBVA European Banks Defensive Autocall March 2021 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 29/03/2021

ISIN XS2246892843

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Defensive Autocall
Autocall Opportunities: Quarterly
(First Observation at 6 months)
Autocall Trigger: 95% of initial level
Coupon Rate: USD = 5.25% Quarterly (21% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
30/12/2021