BBVA US Tech Hybrid Memory Income Autocall Aug 2021 USD

INVESTMENT DESCRIPTION

CURRENCY USD

STRIKE DATE 27/08/2021

ISIN XS2296810281

COUNTERPARTY BBVA

TYPE Note

RETURN & BARRIERS
Investment Structure: Hybrid Memory Income Autocall
Income Trigger: 50% of initial level
Income Rate: USD = 2.50% Quarterly (10% p.a.)
Autocall Opportunities: Quarterly (First Observation at 6 months)
Autocall Trigger: 95% of initial level
Autocall Coupon Rate: 1.50% Quarterly (6.00% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 50% Final level (European style)

MATURITY DATE
27/08/2024