Barclays plans 0% principal-protected CDs linked to three Asian indexes

By Susanna Moon

Chicago, Dec. 7 - Barclays Bank Delaware plans to price zero-coupon certificates of deposit due Dec. 24, 2014 linked to a basket of Asian indexes, according to a term sheet.

The basket contains the MSCI Singapore index, the MSCI Taiwan index and the Nikkei 225 index, each weighted at about one-third.

Payout at maturity will be par plus any gain on the basket. Investors will receive at least par.

The notes are expected to price on Dec. 21 and settle on Dec. 31.

Barclays Capital Inc. is the agent.

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