By Toni Weeks
San Diego, Sept. 26 - Barclays Bank plc priced $1.31 million of 0% buffered Super Track notes due Oct. 25, 2012 linked to the iShares Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund finishes at or above the initial level, the payout at maturity will be par plus three times the fund return, capped at a maximum return of 21%.
Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track notes
|
| Underlying fund: | iShares Emerging Markets index fund
|
| Amount: | $1,308,000
|
| Maturity: | Oct. 25, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any fund gain, capped at 21%; 1% loss per 1% drop beyond 10%
|
| Initial price: | $34.95
|
| Pricing date: | Sept. 22
|
| Settlement date: | Sept. 27
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 0.1%
|
| Cusip: | 06738KVV0
|
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