By Susanna Moon
Chicago, June 8 - Barclays Bank plc priced $1 million of 0% buffered Super Track notes due June 11, 2012 based on the performance of the Dow Jones-UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 35%.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track notes
|
| Underlying index: | Dow Jones-UBS Commodity
|
| Amount: | $1 million
|
| Maturity: | June 11, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 35%; 1% loss for every 1% drop beyond 15%
|
| Initial index level: | 122.0239
|
| Pricing date: | June 4
|
| Settlement date: | June 9
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06740LM51
|
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