By Susanna Moon
Chicago, Feb. 3 - Barclays Bank plc priced $1.5 million of 0% Buffered Super Track Notes due Aug. 2, 2012 linked to the S&P GSCI Excess Return Index, according to a 424B2 filing with the Securities and Exchange Commission.
Payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 117%.
Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
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Issue: | Buffered Super Track Notes
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Underlying index: | S&P GSCI Excess Return Index
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Amount: | $1.5 million
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Maturity: | Aug. 2, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any index gain, capped at 117%; par if index falls by up to 15%; 1% loss for each 1% decline beyond 15%
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Initial index level: | 354.3431
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Pricing date: | Jan. 30
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Settlement date: | Feb. 4
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Agent: | Barclays Capital Inc.
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Fees: | 1.25%
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