KI Forward - BBVA Continental

KI Forward
Abril 2009
PRODUCT NOTE • PRODUCTOS ESTRUCTURADOS
<3
Estructura de tipo de cambio a 30 días en el que el cliente vende un Forward
sobre el USDPEN que sólo se activa si el tipo de cambio toca una cierta barrera. Es una
estructura costo cero para aquellos que tienen que vender dólares a 30 días y quieren
estar cubiertos sólo si el tipo de cambio baja a más de 3.05.
CRD
México
!: (52) 55 56 21 91 52
Términos y Condiciones
Madrid
!: (34) 91 537 96 43
Moneda
PEN
Monto (USD)
100,000.00
Fecha de Cierre
A ser determinada
Plazo
30 días
Fecha de Vencimiento
Fecha de Cierre + 30 dias
Base de Cálculo
Act / 360
Spot de Referencia
3.0915
Strike Forward
3.0330
Barrera (KI)
3.05
Forward Referencial
3.1025
Prima
0%
Pag 1
“The information contained in this document is set out for illustrative purposes only and does not constitute any form of offer from BBVA to trade on such terms or constitute an indication that it is possible to trade on those precise
terms. It is also understood that the information contained in this document shall not be considered investment advice nor a recommendation to enter into a transaction and shall not form the basis of a decision of any kind. BBVA
and its clients shall not be bound until they have both agreed to enter into a transaction and have agreed to its material terms. Actual prices will depend on market conditions at the time the transaction is concluded.
No representations or warranties are given or implied as to the information contained herein. All terms, information and pricing herein is indicative and subject to change without notice.
You acknowledge that the products to which this document refers may not be appropriate for you due to your specific investment goals, financial positions or risk profiles, as these have not been taken into account to prepare this
document. Therefore, before entering into a transaction, you should independently evaluate the financial, market, legal, regulatory, credit, tax and accounting risks and consequences involved and should not rely on BBVA for this.
Financial transactions involve high risks and are not appropriate for every investor. Indeed, in some cases, the potential losses may exceed the amount of initial investment. You should also be aware that secondary markets for the
said products may be limited or even not exist. BBVA S.A. shall not assume any liability nor responsibility of any kind for any cost or direct or indirect losses arising from the use of this document or its contents.
The information contained herein is provided to you by BBVA on a strictly confidential basis. No part of this document may be (i) copied, photocopied or duplicated by any other form or means (ii) redistributed or (iii) quoted,
without the prior written consent of BBVA.”
KI Forward
Abril 2009
PRODUCT NOTE • PRODUCTOS ESTRUCTURADOS
Descripción de la estructura:
<3
I.
CRD
México
Si en cualquier momento dentro del plazo el tipo de cambio toca la barrera KI de 3.05:
El cliente vende los dólares a 3.0330
II. Si el tipo de cambio no toca la barrera KI de 3.05 en ningún momento durante el plazo:
El cliente vende los dólares a mercado y aprovecha la posible subida del tipo de cambio.
!: (52) 55 56 21 91 52
Madrid
!: (34) 91 537 96 43
Gráfica KI Forward
50%
-100%
3.30
3.26
3.22
3.18
3.14
3.10
3.06
3.02
2.98
-50%
2.94
0%
2.90
Ganancia en PEN
100%
KI Forw ard
Forw ard
KI
-150%
Tipo de Cam bio
Pag 2
“The information contained in this document is set out for illustrative purposes only and does not constitute any form of offer from BBVA to trade on such terms or constitute an indication that it is possible to trade on those precise
terms. It is also understood that the information contained in this document shall not be considered investment advice nor a recommendation to enter into a transaction and shall not form the basis of a decision of any kind. BBVA
and its clients shall not be bound until they have both agreed to enter into a transaction and have agreed to its material terms. Actual prices will depend on market conditions at the time the transaction is concluded.
No representations or warranties are given or implied as to the information contained herein. All terms, information and pricing herein is indicative and subject to change without notice.
You acknowledge that the products to which this document refers may not be appropriate for you due to your specific investment goals, financial positions or risk profiles, as these have not been taken into account to prepare this
document. Therefore, before entering into a transaction, you should independently evaluate the financial, market, legal, regulatory, credit, tax and accounting risks and consequences involved and should not rely on BBVA for this.
Financial transactions involve high risks and are not appropriate for every investor. Indeed, in some cases, the potential losses may exceed the amount of initial investment. You should also be aware that secondary markets for the
said products may be limited or even not exist. BBVA S.A. shall not assume any liability nor responsibility of any kind for any cost or direct or indirect losses arising from the use of this document or its contents.
The information contained herein is provided to you by BBVA on a strictly confidential basis. No part of this document may be (i) copied, photocopied or duplicated by any other form or means (ii) redistributed or (iii) quoted,
without the prior written consent of BBVA.”