By Susanna Moon
Chicago, June 17 - Barclays Bank plc priced $1.21 million of 0% buffered Super Track notes due June 19, 2014 linked to a basket of two indexes and an index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P MidCap 400 index with a 50% weight, the Russell 2000 index with a 25% weight and the iShares MSCI Emerging Markets index fund with a 25% weight.
The payout at maturity will be par plus any basket gain, up to a maximum return of 56%.
Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track notes
|
| Underlying basket: | S&P MidCap 400 index (50% weight), Russell 2000 index (25% weight) and iShares MSCI Emerging Markets index fund (25% weight)
|
| Amount: | $1.21 million
|
| Maturity: | June 19, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain, capped at 56%; 1% loss for every 1% decline beyond 15%
|
| Initial levels: | 931.20 for S&P MidCap, 779.46 for Russell and $46.09 for MSCI EM
|
| Pricing date: | June 15
|
| Settlement date: | June 20
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06738KTL5
|
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