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 XS3287796331

Tax treatment Capital Gains Tax

The plan starts on the Start Date and is measured quarterly from 26 August 2026. Income equal to 2.0375% of the money invested will become payable on each Income Measurement Date where the levels of the Indices are at or above 75% of their Start Levels. This barrier level is called the Income Barrier. In addition to the above, if on any quarterly Kick Out Measurement Date, the levels of the Indices are at or above 100% of their respective Start Levels, the plan will end early. This is called a Kick Out and this barrier level is called the Kick Out Barrier.

Income and Kick Out Barriers:
Income: 75% (measured quarterly)
Kick Out: 100% (measured quarterly after 2 years)

Potential Income: 2.0375% for each quarter in force (8.15%pa)

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.