By Jennifer Chiou
New York, Sept. 30 - Barclays Bank plc priced $500,000 of zero-coupon 100% principal-protected notes due Oct. 7, 2014 linked to the Pimco High Yield fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the adjusted level, which is the average of the adjusted fund levels on the last business day in March and September of each year.
Investors will receive at least par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | 100% principal-protected notes
|
| Underlying fund: | Pimco High Yield fund
|
| Amount: | $500,000
|
| Maturity: | Oct. 7, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any fund gain; floor of par
|
| Pricing date: | Sept. 28
|
| Settlement date: | Oct. 1
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
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