BBVA IDAD 80-65 Memory Income Reducing Autocall July 2020 GBP

INVESTMENT DESCRIPTION

CURRENCY GBP

STRIKE DATE 17/07/2020

ISIN XS2142196380

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Semi-Annual (First Observation at 12 months)
Autocall Trigger: 100% of initial level then reduced by 2% every 6 months
Memory Income Rate: GBP = 3.10% semi-annually
Income Trigger: 80% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 65% Final level (European style)

MATURITY DATE
19/07/2021