XS3127873852 · Citigroup
Memory Coupon Barrier Autocall Securities Based Upon the Worst Performing of Banca Monte Dei Paschi Di Siena, Banco BPM, Barclays and Commerzbank
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 (50% of its initial level).
The next published autocall level is 94% 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 |
|---|---|---|---|---|
| Banca Monte dei Paschi di SienaBMPS · EUR | 8.377 | 3.350840% | 4.188550% | 7.874494% |
| BarclaysBARC · GBP | 400.6 | 160.2440% | 200.350% | 376.56494% |
| CommerzbankCBK · EUR | 31.98 | 12.79240% | 15.9950% | 30.061294% |
| Banco BPMBAMI · EUR | 12.065 | 4.82640% | 6.032550% | 11.341194% |
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Open in workspace ↗Observation calendars
Coupon observations · 48
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Dec 29, 2025 | 50% | Jan 6, 2026 |
| Jan 26, 2026 | 50% | Feb 2, 2026 |
| Feb 24, 2026 | 50% | Mar 3, 2026 |
| Mar 24, 2026 | 50% | Mar 31, 2026 |
| Apr 24, 2026 | 50% | May 4, 2026 |
| May 26, 2026 | 50% | Jun 2, 2026 |
| Jun 24, 2026 | 50% | Jul 1, 2026 |
| Jul 24, 2026 | 50% | Jul 31, 2026 |
| Aug 24, 2026 | 50% | Aug 31, 2026 |
| Sep 24, 2026 | 50% | Oct 1, 2026 |
| Oct 26, 2026 | 50% | Nov 2, 2026 |
| Nov 24, 2026 | 50% | Dec 2, 2026 |
| Dec 29, 2026 | 50% | Jan 6, 2027 |
| Jan 25, 2027 | 50% | Feb 1, 2027 |
| Feb 24, 2027 | 50% | Mar 3, 2027 |
| Mar 24, 2027 | 50% | Apr 2, 2027 |
| Apr 26, 2027 | 50% | May 3, 2027 |
| May 24, 2027 | 50% | Jun 1, 2027 |
| Jun 24, 2027 | 50% | Jul 1, 2027 |
| Jul 26, 2027 | 50% | Aug 2, 2027 |
| Aug 24, 2027 | 50% | Aug 31, 2027 |
| Sep 24, 2027 | 50% | Oct 1, 2027 |
| Oct 25, 2027 | 50% | Nov 1, 2027 |
| Nov 24, 2027 | 50% | Dec 2, 2027 |
| Dec 29, 2027 | 50% | Jan 5, 2028 |
| Jan 24, 2028 | 50% | Jan 31, 2028 |
| Feb 24, 2028 | 50% | Mar 2, 2028 |
| Mar 24, 2028 | 50% | Mar 31, 2028 |
| Apr 24, 2028 | 50% | May 2, 2028 |
| May 24, 2028 | 50% | Jun 1, 2028 |
| Jun 26, 2028 | 50% | Jul 3, 2028 |
| Jul 24, 2028 | 50% | Jul 31, 2028 |
| Aug 24, 2028 | 50% | Aug 31, 2028 |
| Sep 25, 2028 | 50% | Oct 2, 2028 |
| Oct 24, 2028 | 50% | Oct 31, 2028 |
| Nov 24, 2028 | 50% | Dec 1, 2028 |
| Dec 27, 2028 | 50% | Jan 4, 2029 |
| Jan 24, 2029 | 50% | Jan 31, 2029 |
| Feb 26, 2029 | 50% | Mar 5, 2029 |
| Mar 26, 2029 | 50% | Apr 4, 2029 |
| Apr 24, 2029 | 50% | May 2, 2029 |
| May 24, 2029 | 50% | Jun 1, 2029 |
| Jun 25, 2029 | 50% | Jul 2, 2029 |
| Jul 24, 2029 | 50% | Jul 31, 2029 |
| Aug 24, 2029 | 50% | Aug 31, 2029 |
| Sep 24, 2029 | 50% | Oct 1, 2029 |
| Oct 24, 2029 | 50% | Oct 31, 2029 |
| Nov 26, 2029 | 50% | Dec 3, 2029 |
Autocall observations · 42
| Observation | Level (% of strike) | Payment |
|---|---|---|
| May 26, 2026 | 100% | Jun 2, 2026 |
| Jun 24, 2026 | 99% | Jul 1, 2026 |
| Jul 24, 2026 | 98% | Jul 31, 2026 |
| Aug 24, 2026 | 97% | Aug 31, 2026 |
| Sep 24, 2026 | 96% | Oct 1, 2026 |
| Oct 26, 2026 | 95% | Nov 2, 2026 |
| Nov 24, 2026 | 94% | Dec 2, 2026 |
| Dec 29, 2026 | 93% | Jan 6, 2027 |
| Jan 25, 2027 | 92% | Feb 1, 2027 |
| Feb 24, 2027 | 91% | Mar 3, 2027 |
| Mar 24, 2027 | 90% | Apr 2, 2027 |
| Apr 26, 2027 | 89% | May 3, 2027 |
| May 24, 2027 | 88% | Jun 1, 2027 |
| Jun 24, 2027 | 87% | Jul 1, 2027 |
| Jul 26, 2027 | 86% | Aug 2, 2027 |
| Aug 24, 2027 | 85% | Aug 31, 2027 |
| Sep 24, 2027 | 84% | Oct 1, 2027 |
| Oct 25, 2027 | 83% | Nov 1, 2027 |
| Nov 24, 2027 | 82% | Dec 2, 2027 |
| Dec 29, 2027 | 81% | Jan 5, 2028 |
| Jan 24, 2028 | 80% | Jan 31, 2028 |
| Feb 24, 2028 | 79% | Mar 2, 2028 |
| Mar 24, 2028 | 78% | Mar 31, 2028 |
| Apr 24, 2028 | 77% | May 2, 2028 |
| May 24, 2028 | 76% | Jun 1, 2028 |
| Jun 26, 2028 | 75% | Jul 3, 2028 |
| Jul 24, 2028 | 74% | Jul 31, 2028 |
| Aug 24, 2028 | 73% | Aug 31, 2028 |
| Sep 25, 2028 | 72% | Oct 2, 2028 |
| Oct 24, 2028 | 71% | Oct 31, 2028 |
| Nov 24, 2028 | 70% | Dec 1, 2028 |
| Dec 27, 2028 | 69% | Jan 4, 2029 |
| Jan 24, 2029 | 68% | Jan 31, 2029 |
| Feb 26, 2029 | 67% | Mar 5, 2029 |
| Mar 26, 2029 | 66% | Apr 4, 2029 |
| Apr 24, 2029 | 65% | May 2, 2029 |
| May 24, 2029 | 64% | Jun 1, 2029 |
| Jun 25, 2029 | 63% | Jul 2, 2029 |
| Jul 24, 2029 | 62% | Jul 31, 2029 |
| Aug 24, 2029 | 61% | Aug 31, 2029 |
| Sep 24, 2029 | 60% | Oct 1, 2029 |
| Oct 24, 2029 | 59% | Oct 31, 2029 |