By E. Janene Geiss
Philadelphia, May 29 - Barclays Bank plc priced $1 million of zero-coupon principal-protected notes due June 2, 2011 linked to the performance of the dollar relative to a basket of currencies, according to a 424B2 filing with the Securities and Exchange Commission.
The basket contains equal weights of the British pound sterling, Japanese yen and euro.
The payout at maturity will be par plus 140% of any appreciation in the dollar relative to the basket.
Otherwise, investors will receive par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | 100% principal-protected notes
|
| Underlying basket: | Equal weights of British pound sterling, Japanese yen and euro
|
| Amount: | $1 million
|
| Maturity: | June 2, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 140% of any dollar gain versus basket; floor of par
|
| Initial rates: | 0.5064 for pound sterling, 104.1000 for yen and 0.6361 for euro
|
| Pricing date: | May 27
|
| Settlement date: | May 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 3%
|
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