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Published on 5/22/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $587,000 buffered Super Track notes linked to indexes, funds

By Susanna Moon

Chicago, May 22 - Barclays Bank plc priced $587,000 of 0% buffered Super Track notes due May 23, 2019 linked to an equity basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 34.5% weight; the iShares MSCI EAFE index fund with a 9% weight; the Russell 2000 index and the PowerShares DB Commodity Index Tracking fund with an 8% weight each; the iShares iBoxx $ Investment Grade Corporate Bond fund and the iShares MSCI Japan index fund with a 7% weight each; the Consumer Staples Select Sector SPDR fund, the iShares Dow Jones Select Dividend index fund and the iShares MSCI Emerging Markets index fund with a 5% weight each; the Health Care Select Sector SPDR fund and the PowerShares QQQ Trust, Series 1, with a 4% weight each and the iShares Barclays Treasury Inflation Protected Securities Bond fund with a 3.5% weight.

The payout at maturity will be par plus any basket gain.

Investors will receive par if the basket falls by up to 31% and will lose 1% for every 1% decline beyond 31%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying basket:S&P 500 index (34.5% weight), iShares MSCI EAFE index fund (9% weight), Russell 2000 index (8% weight), PowerShares DB Commodity Index Tracking fund (8% weight), iShares iBoxx $ Investment Grade Corporate Bond fund (7% weight), iShares MSCI Japan index fund (7% weight), Consumer Staples Select Sector SPDR fund (5% weight), iShares Dow Jones Select Dividend index fund (5% weight), iShares MSCI Emerging Markets index fund (5% weight), Health Care Select Sector SPDR fund (4% weight), PowerShares QQQ Trust, Series 1 (4% weight) and iShares Barclays Treasury Inflation Protected Securities Bond fund (3.5% weight)
Amount:$587,000
Maturity:May 23, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain; par if basket declines by 31% or less; 1% loss for every 1% drop beyond 31%
Pricing date:May 20
Settlement date:May 23
Underwriter:Barclays
Fees:0.25%
Cusip:06741TUT2

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