By Angela McDaniels
Tacoma, Wash., July 12 - Royal Bank of Scotland NV priced $300,000 of 0% securities due July 18, 2011 linked to the Trader Vic Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par multiplied by 99% of the quotient of the final index level divided by the initial index level.
The Trader Vic is a managed futures index comprised of 24 futures contracts across physical commodities, global currencies and U.S. interest rates. It is designed to capture rising and falling price trends by taking both long and short positions.
RBS Securities Inc. is the agent.
| Issuer: | Royal Bank of Scotland NV
|
| Issue: | Securities
|
| Underlying index: | Trader Vic Index Excess Return
|
| Amount: | $300,000
|
| Maturity: | July 18, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par multiplied by 99% of the quotient of the final index level divided by the initial index level
|
| Initial index level: | 4,786.29
|
| Pricing date: | July 8
|
| Settlement date: | July 14
|
| Agent: | RBS Securities Inc.
|
| Fees: | None
|
| Cusip: | 78009KKD3
|
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