Trigger Phoenix Autocallable Optimization Securities - Alibaba (90279Y456)
This is an income product linked to the share of Alibaba.The product offers a coupon of 10.11% p.a., paid quarterly, if the share level does not fall by 30% or more from its initial level on the applicable quarterly observation date. Otherwise, no coupon is paid for that observation period.The product can terminate early on any quarterly observation date if the share level is equal or greater to i...
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