Published on 8/30/2011 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $200,000 six-year protected notes tied to S&P BRIC 40
By Toni Weeks
San Diego, Aug. 30 - Barclays Bank plc priced $200,000 of 0% notes due Aug. 31, 2017 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 43%.
If the index falls, the payout will be par.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | S&P BRIC 40
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Amount: | $200,000
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Maturity: | Aug. 31, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at 43%; floor of par
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Initial level: | 2,348.44
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Pricing date: | Aug. 26
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Settlement date: | Aug. 31
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Agents: | Barclays Capital Inc.
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Fees: | 3.5%
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Cusip: | 06738KQF1
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