BBVA Global Banks Defensive Autocall Jul 2022 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 12/07/2022

ISIN XS2378619063

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: GBP: 4.50% Quarterly (18.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
13/01/2023