BBVA World Indices Drop Down Autocall Mar 2024 GBP

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