INVESTMENT DESCRIPTION
A 6 year investment product linked to the performance of the Eurostoxx Banks Index and the S&P 500 Index. If on any Annual observation date (including the Final Observation date), starting at 24 months, both of the Underlyings are at or above the relevant Autocall Trigger, the investment will autocall Initial capital plus the Coupon Rate for each annual period which has elapsed is paid and the investment will end. This product features a reducing autocall: Autocall Trigger is set at 95% of Initial Level from 24 months reducing to 95%, 90%, 85%, 70% thereafter.
CURRENCY GBP
STRIKE DATE 28/04/2023
ISIN XS2483165275
COUNTERPARTY Barclays
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Defensive Autocall
Autocall opportunities: Annual (First observation at 24 months)
Autocall Trigger: 95% of Initial Level from 24 months (reducing to 95%, 92.50%, 87.50%, 85%)
Coupon Rate: 10% p.a.
Issue Price: 100%
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (Observed at maturity)
MATURITY DATE
28/04/2025
