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Barclays to price protected notes linked to three currencies
By Susanna Moon
Chicago, Jan. 9 - Barclays Bank plc plans to price an issue of zero-coupon principal-protected notes due Nov. 27, 2013 linked to a basket of three currencies, according to an FWP filing with the Securities and Exchange Commission.
The basket comprises equal weights of the exchange rates against the U.S. dollar of the British pound sterling, the Australian dollar and the euro.
Payout at maturity will be par plus 120% of any basket gain.
Investors will receive at least par.
The notes are expected to price on Jan. 27 and settle on Jan. 30.
Barclays Capital Inc. is the agent.
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