INVESTMENT DESCRIPTION
CURRENCY GBP
STRIKE DATE 20/10/2025
ISIN XS3126449753
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 4 years
Investment Structure: Reducing Autocall
Autocall Opportunities: Semi-Annual (First Observation at 12 months)
Autocall Trigger: 100% of initial level, reducing 2.50% per period
Coupon Rate: GBP: 7.45% Semi-Annually (14.90% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
20/10/2026
FINAL MATURITY DATE
29/10/2029
