INVESTMENT DESCRIPTION
CURRENCY GBP
STRIKE DATE 14/10/2016
ISIN XS1497676491
COUNTERPARTY Commerzbank
TYPE Note
RETURN & BARRIERS
Investment Structure: Semi-annual Income Autocall with Step-Down
Autocall opportunities: Semi-annual (First observation at 12 months)
Autocall Trigger: Starting at 100% then reduced by 2.5% every 6 months
Income Rate: 4.75% semi-annual (9.5% p.a.)
Income Trigger: 60% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
16/10/2017