By Susanna Moon
Chicago, June 29 - Barclays Bank plc priced $4.04 million of 0% return optimization securities with contingent protection due June 28, 2013 based on the Dow Jones-UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.
The payout at maturity will be par of $10 plus 1.5 times any gain in the index, up to a maximum return of 55%.
Investors will receive par if the index falls by up to 30% and will be entirely exposed to the loss if the index declines beyond 30%.
| Issuer: | Barclays Bank plc
|
| Issue: | Return optimization securities with contingent protection
|
| Underlying index: | Dow Jones-UBS Commodity index
|
| Amount: | $4,038,500
|
| Maturity: | June 28, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 55%; exposure to losses if index declines beyond 30%
|
| Initial level: | 128.7508
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Underwriters: | UBS Financial Services Inc. and Barclays Capital Inc.
|
| Fees: | 2.5%
|
| Cusip: | 06740L410
|
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