Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Australian dollar > News item |
Barclays plans four-year protected notes linked to three currencies
By Susanna Moon
Chicago, June 15 - Barclays Bank plc plans to price 0% notes due June 19, 2015 linked to a basket of equally weighted currencies relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are the Australian dollar, the Canadian dollar and the Swiss franc.
The payout at maturity will be par plus 1.55 times any basket gain.
If the basket falls, the payout will be par.
Barclays Capital Inc. is the underwriter.
The notes will price on June 16 and settle on June 21.
The Cusip is 06738KMB4.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.