INVESTMENT DESCRIPTION
CURRENCY GBP
STRIKE DATE 28/03/2024
ISIN XS2720280952
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Drop Down Autocall
Autocall Opportunities: Quarterly (First Observation at 12 months)
Autocall Trigger: 100% of initial level, then reduced by 2.5% every quarter, floored at 90%.
Coupon Rate: GBP: 2.26% Quartlery (9.04% p.a.)
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
30/06/2025