By Susanna Moon
Chicago, June 7 - Barclays Bank plc priced $5 million of 0% notes June 8, 2017 linked to the Barclays Capital Series-2 WTI Crude 11M Deferred TR index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity or upon redemption will be par plus the index return minus an investor fee of 0.75% per year.
Investors will be exposed to any losses.
The notes are putable and callable at any time.
The index reflects the returns available by maintaining a rolling position in exchange-traded futures contracts for WTI crude oil.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying index: | Barclays Capital Series-2 WTI Crude 11M Deferred TR index
|
Amount: | $5 million
|
Maturity: | June 8, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus index return minus an investor fee of 0.75% per year
|
Call option: | At any time
|
Put option: | At any time
|
Initial index level: | 1,379.396
|
Pricing date: | June 5
|
Settlement date: | June 8
|
Agent: | Barclays Capital Inc.
|
Fees: | None
|
Cusip: | 06741TAE7
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.