This is a 6 year autocall paying in Sterlings issued by Lloyds Bank Plc linked to the performance of GlaxoSmithKline PLC, Rio Tinto PLC, Royal Dutch Shell PLC, Tesco PLC and Vodafone Group PLC between 01/10/2014 and 01/10/2020. Although the latest maturity date is 01/10/2020, the product will be monitored at annual periods. The product will mature early if at any annual date, from period 3, the worst performing underlying is at or above 100% of its initial level (at the relevant date). In which case, the product will repay the initial investment plus a coupon of 21%, 28% and 35% (at the relevant date when the autocall is triggered). If the product runs to maturity, the product will repay the initial investment plus a coupon of 42% so long as the worst performing underlying is at or above 90%. If the European protection barrier of 0% has not been breached, the nominal value will be paid, otherwise the product will repay the initial investment less any negative worst performing underlying measured over the term of the product
Lyfecycle: Matured | Fair Value: Sign-in
Gilliat Deposit Kick Out December 2013
Key Investment Document (KID)
The product has matured at 1/16/2020. Investing in this product at issue price would have resulted in a total return of 0.00%
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