By Toni Weeks
San Diego, April 26 - Barclays Bank plc priced $6 million of 0% buffered Super Track digital notes due Oct. 29, 2013 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 the 12.95% digital percentage.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline 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: | $6 million
|
| Maturity: | Oct. 29, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is zero or positive, par plus 12.95%; par if index falls by up to 20%; 1.25% loss for every 1% decline beyond the 20% buffer
|
| Initial level: | 1,371.97
|
| Pricing date: | April 24
|
| Settlement date: | April 27
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06738K4F5
|
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