Published on 1/3/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $5 million notes on S&P 500 Daily Risk Control index
By Marisa Wong
Morgantown, W.Va., Jan. 3 – Barclays Bank plc priced $5 million of 0% notes due Dec. 31, 2021 linked to the S&P 500 Daily Risk Control 5% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the greater of the index return and the digital percentage of 9.5%.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | S&P 500 Daily Risk Control 5% Excess Return index
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Amount: | $5 million
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Maturity: | Dec. 31, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus the greater of the index return and the digital percentage of 9.5%
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Initial level: | 126.217
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Pricing date: | Dec. 27
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Settlement date: | Dec. 30
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Agent: | Barclays
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Fees: | 2%
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Cusip: | 06741VFX5
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