By Marisa Wong
Madison, Wis., Nov. 23 - Barclays Bank plc priced $5.1 million of 0% buffered Super Track notes due Dec. 22, 2011 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 14%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
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Issue: | Buffered Super Track notes
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Underlying index: | S&P 500
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Amount: | $5.1 million
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Maturity: | Dec. 22, 2011
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any index gain, capped at 14%; 1% loss for every 1% drop beyond 10%
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Initial index level: | 1,199.73
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Pricing date: | Nov. 19
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Settlement date: | Nov. 24
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Agent: | Barclays Capital Inc.
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Fees: | 0.1%
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Cusip: | 06740PP75
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