Securities Linked to the Lesser Performing ETF (25155MCY5)
This is an income product linked to the iShares MSCI EAFE ETF and iShares Russell 2000 ETF.The product offers a quarterly coupon of 5.10% pa.At maturity, if each underlying has not fallen by more than 20% from its initial level, the capital return is 100%. Otherwise capital return is 100% minus 1.25% for every 1% fall in the worst performing underlying in excess of the initial 20% fall.
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