MarexClassicEURActive
IT0006776949 · Marex
60m Wof Memory Phoenix Autocall on Banco Bilbao Vizcaya Argentari, Banco Santander SA, UniCredit SpA, Banco BPM SpA in EUR
Coupon per period0.834%Monthly
Capital barrier40%Barrier monitoring
ObservationDec 9, 2026Coupon observations
MaturityJul 18, 2031Payment
How to read this structure
On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (40% of its initial level).
The next published autocall level is 100% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.
These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.
Underlyings and levels
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria S.A. (BBVA)BBVA · EUR | 22.14 | 8.85640% | 8.85640% | 22.14100% |
| Banco SantanderSAN · EUR | 12.046 | 4.818440% | 4.818440% | 12.046100% |
| UniCreditUCG · EUR | 81.92 | 32.76840% | 32.76840% | 81.92100% |
| Banco BPMBAMI · EUR | 15.475 | 6.1940% | 6.1940% | 15.475100% |
Prices and distances require current market data. Open the workspace for market information and your personal tools.
Open in workspace ↗Observation calendars
Coupon observations · 60
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Aug 10, 2026 | 40% | Not available |
| Sep 9, 2026 | 40% | Not available |
| Oct 9, 2026 | 40% | Not available |
| Nov 9, 2026 | 40% | Not available |
| Dec 9, 2026 | 40% | Not available |
| Jan 11, 2027 | 40% | Not available |
| Feb 9, 2027 | 40% | Not available |
| Mar 9, 2027 | 40% | Not available |
| Apr 9, 2027 | 40% | Not available |
| May 10, 2027 | 40% | Not available |
| Jun 9, 2027 | 40% | Not available |
| Jul 9, 2027 | 40% | Not available |
| Aug 9, 2027 | 40% | Not available |
| Sep 9, 2027 | 40% | Not available |
| Oct 11, 2027 | 40% | Not available |
| Nov 9, 2027 | 40% | Not available |
| Dec 9, 2027 | 40% | Not available |
| Jan 10, 2028 | 40% | Not available |
| Feb 9, 2028 | 40% | Not available |
| Mar 9, 2028 | 40% | Not available |
| Apr 10, 2028 | 40% | Not available |
| May 9, 2028 | 40% | Not available |
| Jun 9, 2028 | 40% | Not available |
| Jul 10, 2028 | 40% | Not available |
| Aug 9, 2028 | 40% | Not available |
| Sep 11, 2028 | 40% | Not available |
| Oct 9, 2028 | 40% | Not available |
| Nov 9, 2028 | 40% | Not available |
| Dec 11, 2028 | 40% | Not available |
| Jan 9, 2029 | 40% | Not available |
| Feb 9, 2029 | 40% | Not available |
| Mar 9, 2029 | 40% | Not available |
| Apr 9, 2029 | 40% | Not available |
| May 9, 2029 | 40% | Not available |
| Jun 11, 2029 | 40% | Not available |
| Jul 9, 2029 | 40% | Not available |
| Aug 9, 2029 | 40% | Not available |
| Sep 10, 2029 | 40% | Not available |
| Oct 9, 2029 | 40% | Not available |
| Nov 9, 2029 | 40% | Not available |
| Dec 10, 2029 | 40% | Not available |
| Jan 9, 2030 | 40% | Not available |
| Feb 11, 2030 | 40% | Not available |
| Mar 11, 2030 | 40% | Not available |
| Apr 9, 2030 | 40% | Not available |
| May 9, 2030 | 40% | Not available |
| Jun 10, 2030 | 40% | Not available |
| Jul 9, 2030 | 40% | Not available |
| Aug 9, 2030 | 40% | Not available |
| Sep 9, 2030 | 40% | Not available |
| Oct 9, 2030 | 40% | Not available |
| Nov 11, 2030 | 40% | Not available |
| Dec 9, 2030 | 40% | Not available |
| Jan 9, 2031 | 40% | Not available |
| Feb 10, 2031 | 40% | Not available |
| Mar 10, 2031 | 40% | Not available |
| Apr 9, 2031 | 40% | Not available |
| May 9, 2031 | 40% | Not available |
| Jun 9, 2031 | 40% | Not available |
| Jul 9, 2031 | 40% | Not available |
Autocall observations · 55
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jan 11, 2027 | 100% | Not available |
| Feb 9, 2027 | 99% | Not available |
| Mar 9, 2027 | 98% | Not available |
| Apr 9, 2027 | 97% | Not available |
| May 10, 2027 | 96% | Not available |
| Jun 9, 2027 | 95% | Not available |
| Jul 9, 2027 | 94% | Not available |
| Aug 9, 2027 | 93% | Not available |
| Sep 9, 2027 | 92% | Not available |
| Oct 11, 2027 | 91% | Not available |
| Nov 9, 2027 | 90% | Not available |
| Dec 9, 2027 | 89% | Not available |
| Jan 10, 2028 | 88% | Not available |
| Feb 9, 2028 | 87% | Not available |
| Mar 9, 2028 | 86% | Not available |
| Apr 10, 2028 | 85% | Not available |
| May 9, 2028 | 84% | Not available |
| Jun 9, 2028 | 83% | Not available |
| Jul 10, 2028 | 82% | Not available |
| Aug 9, 2028 | 81% | Not available |
| Sep 11, 2028 | 80% | Not available |
| Oct 9, 2028 | 79% | Not available |
| Nov 9, 2028 | 78% | Not available |
| Dec 11, 2028 | 77% | Not available |
| Jan 9, 2029 | 76% | Not available |
| Feb 9, 2029 | 75% | Not available |
| Mar 9, 2029 | 74% | Not available |
| Apr 9, 2029 | 73% | Not available |
| May 9, 2029 | 72% | Not available |
| Jun 11, 2029 | 71% | Not available |
| Jul 9, 2029 | 70% | Not available |
| Aug 9, 2029 | 69% | Not available |
| Sep 10, 2029 | 68% | Not available |
| Oct 9, 2029 | 67% | Not available |
| Nov 9, 2029 | 66% | Not available |
| Dec 10, 2029 | 65% | Not available |
| Jan 9, 2030 | 64% | Not available |
| Feb 11, 2030 | 63% | Not available |
| Mar 11, 2030 | 62% | Not available |
| Apr 9, 2030 | 61% | Not available |
| May 9, 2030 | 60% | Not available |
| Jun 10, 2030 | 59% | Not available |
| Jul 9, 2030 | 58% | Not available |
| Aug 9, 2030 | 57% | Not available |
| Sep 9, 2030 | 56% | Not available |
| Oct 9, 2030 | 55% | Not available |
| Nov 11, 2030 | 54% | Not available |
| Dec 9, 2030 | 53% | Not available |
| Jan 9, 2031 | 52% | Not available |
| Feb 10, 2031 | 51% | Not available |
| Mar 10, 2031 | 50% | Not available |
| Apr 9, 2031 | 49% | Not available |
| May 9, 2031 | 48% | Not available |
| Jun 9, 2031 | 47% | Not available |
| Jul 9, 2031 | 46% | Not available |