This is a one-year product linked to the performance of the common stock of Halliburton. There are three observation dates throughout the product term, with the final reading date set for February 21, 2013. The product is typical of its type and is known as either a review or an autocall. In general, these pay fixed returns if the stock hits the required target on one of the observation dates. If the conditions are met, the product will be called and will terminate, paying the defined return.