BBVA Global Banks Defensive Autocall Aug 2022 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 16/08/2022

ISIN XS2392192683

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Defensive Autocall
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level
Memory Income Rate: USD: 5.50% Quarterly (22.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
17/02/2023