INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 23/09/2025
ISIN XS3108804694
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 3 years, 6 months
Investment Structure: Memory Income Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 95% of initial level
Memory Income Rate: USD: 3.75% Quarterly (15.00% p.a.)
Income Trigger: 55% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 55% Final level (European style)
MATURITY DATE
23/09/2026
FINAL MATURITY DATE
30/03/2029
