1Y Autocallable with guaranteed coupon of 12.00% p.a. on Southern Copper, Freeport-McMoran and BHP Group in USD
| Maturity in years | 1Y |
| Coupon | 12.00% p.a. (guaranteed) |
| Strike | 100% |
| Barrier european | 55% |
| Autocall Observation | quarterly, first after 6m |
| Autocall Level | 95% |
| Issuer | Min. A-Rating |
Despite copper prices remaining relatively resilient, copper mining equities have experienced a significant correction in recent weeks, creating a potential entry opportunity. This disconnect offers exposure to established producers such as Southern Copper, Freeport-McMoRan and BHP at more attractive share prices, while benefiting from long-term structural copper demand driven by electrification, grid expansion and AI infrastructure.
The product offers a guaranteed coupon of 12.00% p.a., a 95% autocall level and a 55% barrier for both coupon and capital protection (at maturity/European).
Product data
| Product | 1Y Autocallable with guaranteed coupon of 12.00% p.a. on Southern Copper, Freeport-McMoran and BHP Group in USD |
| Maturity in years | 1Y |
| Coupon | 12.00% p.a. (guaranteed) |
| Strike | 100% |
| Barrier european | 55% |
| Autocall Observation | quarterly, first after 6m |
| Autocall Level | 95% |
| Issuer | Min. A-Rating |
| Denomination | 1.000,- |
| Coupon Payment | quarterly |
| Reoffer | 98.25% |