Published on 6/29/2010 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $200,000 principal-protected notes on S&P BRIC 40 index
By E. Janene Geiss
Philadelphia, June 29 - Barclays Bank plc priced $200,000 of zero-coupon 100% principal-protected notes due June 30, 2016 linked to the S&P BRIC 40 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 51%. Investors will receive at least par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | 100% principal-protected notes
|
| Underlying fund: | S&P BRIC 40 index
|
| Amount: | $200,000
|
| Maturity: | June 30, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 51%; floor of par
|
| Initial level: | 2,393.36
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 5%
|
| Cusip: | 06740LP90
|
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