By Jennifer Chiou
New York, April 8 - Barclays Bank plc priced $355,000 of 0% Knock-In Super Track notes due April 10, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, investors will receive par plus 130% of any gain.
If the index closes below the initial level but at or above the knock-in barrier of 50% of the initial level, investors will receive par.
If the index closes below the knock-in barrier, investors will share in any losses.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
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Issue: | Knock-In Super Track notes
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Underlying index: | S&P 500
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Amount: | $355,000
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Maturity: | April 10, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 130% of any gain; par if the index closes below the initial level but at or above the knock-in barrier of 50% of the initial level; if the index closes below the knock-in barrier, investors will share in any losses
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Initial level: | 1,189.44
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Knock-in barrier: | 594.72, 50% of the initial level
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Pricing date: | April 6
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Settlement date: | April 9
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Agent: | Barclays Capital Inc.
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Fees: | None
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Cusip: | 06740LAG0
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