By Marisa Wong
Madison, Wis., May 15 - Barclays Bank plc priced $1.25 million of 0% Super Track notes due May 15, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.05 times any index gain.
Investors will receive par if the index falls by up to 30%.
If the index falls by more than 30%, investors will be fully exposed to the index decline.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Super Track notes
|
| Underlying index: | Russell 2000 index
|
| Amount: | $1.25 million
|
| Maturity: | May 15, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 105% of any index gain; par if index falls by 30% or less; full exposure to declines beyond 30%
|
| Initial level: | 790.06
|
| Pricing date: | May 11
|
| Settlement date: | May 16
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 1.5%
|
| Cusip: | 06738K5M9
|
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