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LIVEXS2902334023USD

Capped Bonus Certificate

BNP PARIBAS B.V.

How this product works

Capped Bonus Certificate issued by BNP PARIBAS B.V., denominated in USD. Its payout is linked to NDX Index, SPX Index.

No periodic coupon is quoted in the feed. Returns depend on the redemption formula rather than regular coupon payments.

The stated protection barrier is 80% (European). A barrier is conditional protection, not a guarantee. If its conditions fail, repayment can be exposed to losses in the reference asset. European barriers are generally assessed at a final observation; the term sheet determines the exact calculation.

Participation is quoted at 100%: this is the factor applied to qualifying reference-asset performance, not a guaranteed return. The quoted cap is 200%.

A bonus certificate uses a conditional bonus redemption mechanism. Barrier breaches can remove that benefit; any cap limits upside. The feed does not provide the complete payout formula.

Underlying securities & reference assets

NASDAQ 100 STOCK INDX

NDX Index

The Nasdaq-100 tracks large non-financial Nasdaq-listed companies, with substantial exposure to technology and growth businesses.

Implied volatility
18.32%
Dividend yield
79.78%

S&P 500 INDEX

SPX Index

The S&P 500 tracks large US-listed companies across multiple sectors. It is an equity benchmark, not a capital-protected investment.

Implied volatility
11%
Dividend yield
145.83%

Risks & important information

Structured products carry issuer credit risk, market risk and liquidity risk. You may lose part or all of your investment. Barrier levels and quoted coupons do not guarantee a return. Early sale may result in a loss, and currency movements may affect returns.

This explanation summarizes the available feed data; it is not the complete legal term sheet, personalized investment advice or a recommendation. Exact observation rules, credit-event definitions, fees, settlement terms and the full payout formula must be verified in the issuer’s final documentation. Request the final terms before investing.