INVESTMENT DESCRIPTION
A 3 year Income Plan linked to the performance of Underlying Commodity
The Income Plan is constructed to offer a potential return of 9.16% p.a. (4.58% semi-annually) if on any observation date, the Underlying Commodity is above the relevant Income Trigger, the income will be paid plus any previously missed coupons. If the Underlying Commodity is above 50% of the Strike Level, full Capital will be returned. In addition, the Plan will kick out if the Underlying Commodity is at or above its Initial Start Level starting from 12 months.
Your initial capital will be returned provided the Underlying Commodity is at or above 50% of the initial strike level at maturity. If the Underlying Commodity is below 50% at maturity, your capital is at risk.
CURRENCY GBP
STRIKE DATE 17/05/2024
ISIN XS2740830851
COUNTERPARTY BNP Paribas Issuance B.V.
TYPE Plan
RETURN & BARRIERS
Issuer: BNP Paribas Issuance B.V.
Investment Term: 3 years
Investment Return: 4.58% semi-annually
Memory Income Trigger: 75% of the Initial Strike Level
Risk to Capital: Your initial capital will be returned provided the Underlying
Commodity is at or above 50% of the initial strike level at maturity. If the Underlying Commodity is below 50% at maturity, your capital is at risk.
MATURITY DATE
19/05/2025
FINAL MATURITY DATE
17/05/2027