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Barclays plans five-year notes linked to Pure Beta DJ-UBS Commodity
By Jennifer Chiou
New York, June 11 - Barclays Bank plc plans to price 0% notes due June 30, 2015 linked to the Barclays Capital Pure Beta DJ-UBS CI Total Return index, according to an FWP filing with the Securities and Exchange Commission.
The notes are putable and callable at any time, subject to a minimum put amount of $1 million.
The payout upon redemption or at maturity will be par plus the index return, which could be positive or negative, minus the investor fee, which equals 1.75% per year times par times the quotient of the final index level divided by the initial index level.
The notes will price on June 25 and settle on June 30.
Barclays Capital Inc. is the agent.
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