By Marisa Wong
Madison, Wis., June 20 - Barclays Bank plc priced $1.2 million of 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.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying currencies: | Australian dollar, Canadian dollar and Swiss franc, all relative to U.S. dollar
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Amount: | $1.2 million
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Maturity: | June 19, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.55 times any basket gain; floor of par
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Initial exchange rates: | 0.94881 for Australian dollar; 0.98425 for Canadian dollar; 0.84965 for Swiss franc
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Pricing date: | June 16
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Settlement date: | June 21
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Agent: | Barclays Capital Inc.
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Fees: | 2%
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Cusip: | 06738KMB4
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