Published on 8/26/2010 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.82 million 0% eight-year notes on S&P 500 Dynamic Veqtor
By Jennifer Chiou
New York, Aug. 26 - Barclays Bank plc priced $1.82 million of 0% notes due Aug. 29, 2018 linked to the S&P 500 Dynamic Veqtor Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, with a floor of par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | S&P 500 Dynamic Veqtor Excess Return
|
| Amount: | $1,818,000
|
| Maturity: | Aug. 29, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return; floor of par
|
| Initial index level: | 163,015.64
|
| Pricing date: | Aug. 24
|
| Settlement date: | Aug. 27
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 4.5%
|
| Cusip: | 06740PMM5
|
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