INVESTMENT DESCRIPTION
A 5 year investment product linked to the performance of the Nikkei 225 and Euro Stoxx 50 Index. If on any quarterly observation date (including the Final Observation date), starting at 24 months after Strike Date, both Underlying indices are at or above the Autocall Trigger, the investment will autocall In this instance, initial capital plus the payment for each quarterly period which has elapsed is paid and the Investment will end. 65% europen barrier at maturity.
CURRENCY GBP
STRIKE DATE 28/02/2023
ISIN XS2550411008
COUNTERPARTY Citi
TYPE Plan
RETURN & BARRIERS
Issuer: Citi Bank
Investment Term: Up to 5 years
Payment Rate: 10.50% per annum (paid quarterly)
Kick Out Trigger Level: 95% of Initial Index Levels starting at 24 months (Reducing by 5% p.a.)
European Barrier : 65% barrier at maturity
MATURITY DATE
28/02/2025