Published on 6/5/2007 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.655 million 0% Super Track notes linked to Euro Stoxx
By Angela McDaniels
Seattle, June 5 - Barclays Bank plc priced a $1.655 million issue of 0% Super Track notes due Aug. 6, 2008 linked to the Dow Jones Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, subject to a maximum return of 24.57%. Investors will be fully exposed to any index decline.
Barclays Capital is the agent.
Issuer: | Barclays Bank plc
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Issue: | Super Track medium-term notes, series A
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Underlying index: | Dow Jones Euro Stoxx 50
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Amount: | $1.655 million
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Maturity: | Aug. 6, 2008
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus triple any index gain, capped at 24.57%; full exposure to any index decline
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Initial index level: | 4,556.97
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Pricing date: | June 1
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Settlement date: | June 6
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Agent: | Barclays Capital
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Fees: | 1.1%
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