...The notes do not bear interest. The amount that you will be paid on your notes on the stated maturity date (October 31, 2016) will be based on the performance of the Mexican Peso (peso) / Euro (euro) exchange rate as measured by comparing the initial exchange rate of 16.61540 with the final exchange rate, which will be the arithmetic average of the exchange rate on each of the averaging dates (October 18, 19, 20, 21 and 24, 2016). The exchange rate is expressed as the number of pesos needed to buy one euro, and is derived by dividing (i) the amount of pesos needed to buy one U.S. dollar (dollar) by (ii) the amount of euros needed to buy one dollar. The currency return on your notes will be calculated by subtracting the final exchange rate from the initial exchange rate and dividing the resulting number by the initial exchange rate and expressing this result as a percentage. By purchasing this note, you are taking the view that the currency return will be positive, which means that the final...
