Investors obtain the amount of USD 1,300 per nominal value at the maturity date if the EURO STOXX 50® index quotes at least 10% above its starting value at the final valuation date. This amount represents the maximum redemption amount.
If the index performance at the end of the term is lower than +10%, the capital protection of 110% applies and redemption at maturity is effected at 110% of the nominal value. This payment equals USD 1,100 per nominal value.
Please consider: The USD Europe Bond 110% quotes in USD. If the redemption payment of this certificate is later converted into EUR, risks as well as opportunities arise from currency price fluctuations.