By Toni Weeks
San Diego, June 29 - Barclays Bank plc priced $2.76 million of 0% digital notes due Dec. 31, 2012 linked to the iShares MSCI EAFE Index fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund gains or stays the same as the initial price, the payout at maturity will be par plus 18.1%. If the fund return is less than zero but the final price is greater or equal to 80% of the initial price, the payout will be par. If the fund falls below 80% of the initial price, the payout will be par plus the fund return.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Digital notes
|
| Underlying fund: | iShares MSCI EAFE Index fund
|
| Amount: | $2.76 million
|
| Maturity: | Dec. 31, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 18.1% if fund finishes at or above initial price; par if fund falls by 20% or less; full exposure to decline from initial price if fund falls by more than 20%
|
| Initial price: | $57.60
|
| Knock-in barrier: | $46.08, 80% of initial
|
| Pricing date: | June 27
|
| Settlement date: | June 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 1.5%
|
| Cusip: | 06738KML2
|
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