Counterparty HSBC Bank PLC

Maximum term 6 years

Capital protection barrier 65% of Opening Level at the Final Measurement Date

Linked assets FTSE 100 Index and S&P 500 Index

Identifier XS3379335055

Tax treatment Capital Gains Tax

The plan starts on the Start Date. On a Measurement Date, if the levels of the Indices are at or above a defined percentage of their respective Start Levels, the plan will end and pay Growth equal to 8.60% of the money invested for every year the plan has been in force. This is called a Kick Out and the barrier levels are called the Kick Out Barriers. The first date this can happen is 20 October 2028. If the plan reaches the End Date, the Indices will be measured for the last time. If the End Levels of the Indices are at or above 75% of their respective Start Levels, the plan will pay Growth equal to 51.60% of the money invested, otherwise, no Growth will be achieved.

Kick Out Barriers: 100%/95%/90%/85%/75% (measured annually after 2 years)
Potential Growth: 8.60% for each year in force

Customers will get all their invested money back on a Kick Out; or, at the End Date if the End Levels of the Indices are at or above 65% of their respective Start Levels. This barrier level is called the Loss Barrier. If one or more of the End Levels of the Indices are below 65% of their respective Start Levels, customers will lose money proportional to the fall in the worst performing Index.