By Susanna Moon
Chicago, June 29 - Barclays Bank plc priced $2.5 million of 0% buffered Super Track notes due July 1, 2016 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 1.36 times any index gain.
Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.
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: | $2.5 million
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Maturity: | July 1, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 136% of any index gain; par if index falls by up to 20%; 1% loss for every 1% decline beyond 20%
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Initial level: | 1,296.67
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Pricing date: | June 28
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Settlement date: | June 30
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Agent: | Barclays Capital Inc.
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Fees: | 3.5%
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Cusip: | 06738KMQ1
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