By Susanna Moon
Chicago, Feb. 5 - Barclays Bank plc priced $5.41 million of 0% buffered iSuperTrack Notes due Feb. 8, 2012 based on the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any fund gain, up to a maximum return of 15.25%. The payout also will include period payments of $10.00 per $1,000 principal amount in each quarter.
Investors will receive par if the shares fall by up to 15% and will be exposed to any decline beyond 15%.
If the fund declines by more than 23%, investors will share in losses for a loss of up to 77%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered iSuperTrack Notes
|
| Underlying fund: | iShares Dow Jones U.S. Real Estate index fund
|
| Amount: | $5.41 million
|
| Maturity: | Feb. 8, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any fund gain, capped at 15.25%, including periodic payments of $10.00 per $1,000 principal amount in each quarter; par if the share price falls by 15% or less and exposure to losses beyond 15%
|
| Initial price: | $44.41
|
| Pricing date: | Feb. 3
|
| Settlement date: | Feb. 8
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06740JRF9
|
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