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Published on 11/6/2013 in the Prospect News Structured Products Daily.

Barclays Bank plans six-year CDs with floor linked to index basket

By Susanna Moon

Chicago, Nov. 6 - Barclays Bank Delaware plans to price certificates of deposit due Nov. 26, 2019 linked to a basket of equally weighted indexes, according to a term sheet.

The underlying indexes are Hang Seng index, Euro Stoxx 50 index, FTSE 100 index and S&P 500 index.

The payout at maturity will be par plus any basket gain, with a minimum payout of $1,015 per $1,000 principal amount.

Barclays is the agent. Incapital LLC is the distributor.

The CDs will price on Nov. 22 and settle on Nov. 29.

The Cusip number is 06740AF38.


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