BBVA Miners Semi-Annual Reducing Autocall Jul 2023 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 21/07/2023

ISIN XS2515366354

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Reducing Autocall
Coupon Rate: USD: 9.00% Semi Annual(18.00% p.a.)
Autocall Opportunities: Semi Annually (First Observation at 6 months)
Autocall Trigger: 100% of initial level, 5.00% reducing every 6 months.
Capital Risk: Not capital protected.
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
21/01/2025