subject to early autocall
Underlying
USDTRY FX Rate
Observation Dates
Quarterly from Trade Date
AutocallBarrier
ATMS (= initial level as of Trade Date) for first 19 observation dates but
ATMF ... early autocall
Client receives
5.20% x t (t = 1,1..20) if USDTRY < AutocallBarrier (and the swap stops)
else 0 on that observation date.
If never autocalled
EFTA01438053
Then