INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 16/10/2025
ISIN XS3126425498
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 2 years
Investment Structure: Reducing Autocall
Autocall Opportunities: Semi-Annual (First Observation at 6 months)
Autocall Trigger: 100% of initial level, reducing 7.00% per period
Coupon Rate: USD: 3.15% Semi-Annually (6.30% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (European style)
MATURITY DATE
16/04/2026
FINAL MATURITY DATE
25/10/2027
