By Toni Weeks
San Diego, Jan. 31 - Barclays Bank plc priced $1.1 million of 0% buffered Super Track digital notes due Jan. 31, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is zero or positive, the payout at maturity will be par plus a digital return of 14.25%.
Investors will receive par if the index falls by up to 20% and will share in losses beyond the 20% buffer.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track digital notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1.1 million
|
| Maturity: | Jan. 31, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is zero or positive, par plus digital return of 14.25%; par if index declines by up to 20%; exposure to losses beyond the 20% buffer
|
| Initial level: | 1,316.33
|
| Pricing date: | Jan. 27
|
| Settlement date: | Jan. 31
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 2.5%
|
| Cusip: | 06738KF63
|
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