Seagull Apalancado USDPEN

Seagull Apalancado USDPEN
Enero 2009
PRODUCT NOTE • PRODUCTOS ESTRUCTURADOS
<3
CRD
México
Estructura de tipo de cambio a 90 días en el que el cliente compra un Seagull sobre el
USDPEN apalancando la pérdida 1.5 a 1. Es una estructura costo cero para aquellos que
piensan que el USDPEN estará por encima del 3.09 a ese plazo.
Términos y Condiciones
!: (52) 55 56 21 91 52
Madrid
!: (34) 91 537 96 43
Moneda
USD
Monto (USD)
100,000.00
Fecha de Cierre
A ser determinada
Plazo
90 días
Fecha de Vencimiento
Fecha de Cierre + 90 dias
Base de Cálculo
Act / 360
Spot de Referencia
3.16
Strike 1
3.16
Strike 2
3.23
Strike 3
3.09
Apalancamiento
1.5 a 1
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.”
Seagull Apalancado USDPEN
Enero 2009
PRODUCT NOTE • PRODUCTOS ESTRUCTURADOS
<3
Descripción de la estructura:
I.
CRD
México
!: (52) 55 56 21 91 52
Madrid
!: (34) 91 537 96 43
Si a vencimiento, el tipo de cambio de referencia es menor que 3.09:
El cliente compra 150,000 dólares a 3.09.
II. Si a vencimiento, el tipo de cambio de referencia se encuentra entre 3.09 y 3.16:
El cliente compra dólares a mercado.
III. Si a vencimiento, el tipo de cambio de referencia se encuentra entre 3.16 y 3.23:
El cliente compra 100,000 dólares a 3.16.
IV. Si a vencimiento, el tipo de cambio de referencia es mayor a 3.23:
El cliente compra 100,000 dólares a 3.16 y los vende a 3.23.
Gráfica Seagull Apalancado
5,000
3.39
3.36
3.33
3.30
3.27
3.24
3.21
3.18
3.15
3.12
3.09
3.06
3.03
0
3.00
Ganancia en PEN
10,000
-5,000
-10,000
-15,000
Tipo de Cambio
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.”