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Published on 3/5/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.25 million notes tied to basket of four Asian indexes

By Toni Weeks

San Luis Obispo, Calif., March 5 - Barclays Bank plc priced $3.25 million of 0% notes due March 6, 2018 linked to a basket of four equally weighted Asian indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the Hang Seng China Enterprises index, the Hang Seng index, the MSCI Taiwan Price index and the MSCI Singapore index.

The payout at maturity will be par plus 1.88 times any gain in the basket. Investors will receive par if the basket declines by up to 20% and will be exposed to losses from the initial basket level if it declines by more than 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying indexes:Hang Seng China Enterprises index, Hang Seng index, MSCI Taiwan Price index and MSCI Singapore index, equally weighted
Amount:$3.25 million
Maturity:March 6, 2018
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 188% of the return; par if basket declines up to 20%; full exposure to losses if basket declines more than 20%
Initial basket level:100
Initial index levels:11,344.24 for Hang Seng China Enterprises, 22,880.22 for Hang Seng, 286.89 for MSCI Taiwan and 368.28 for MSCI Singapore
Pricing date:March 1
Settlement date:March 6
Agent:Barclays
Fees:3%
Cusip:06741TPV3

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