By Susanna Moon
Chicago, Dec. 9 - Barclays Bank plc priced $3 million of 0% buffered Super Track notes due Dec. 13, 2016 based on the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.17 times any fund gain.
Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track notes
|
| Underlying fund: | iShares MSCI EAFE index fund
|
| Amount: | $3 million
|
| Maturity: | Dec. 13, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 117% of any fund gain; 1% loss per 1% drop beyond 20%
|
| Initial fund level: | $57.15
|
| Pricing date: | Dec. 6
|
| Settlement date: | Dec. 13
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 3%
|
| Cusip: | 06740PWX0
|
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