BBVA European Banks Income Reducing Autocall Aug 2024 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 30/08/2024

ISIN XS2608300310

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Memory Income Autocall
Autocall Opportunities: Semi-Annual
(First Observation at 12 months)
Knock-Out Trigger: 100% of initial level then reduced by 2.50% quarterly
Memory Income Rate: USD: 5.05% Semi-Annually (10.10% p.a.)
Income Trigger: 50% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
01/09/2025

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