By Jennifer Chiou
New York, Oct. 10 - Barclays Bank plc priced $6,712,000 of 0% return enhanced notes due Oct. 23, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any gain in the index, subject to a maximum return of 18.6%.
Investors will share in any losses.
The final index level will be the average of the index's closing levels on the five trading days ending Oct. 18, 2013.
Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as dealers.
Issuer: | Barclays Bank plc
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Issue: | Return enhanced notes
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Underlying index: | S&P 500
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Amount: | $6,712,000
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Maturity: | Oct. 23, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 200% of any gain in the index, subject to a maximum return of 18.6%; exposure to losses
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Initial level: | 1,460.93
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Pricing date: | Oct. 5
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Settlement date: | Oct. 11
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Agent: | Barclays
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Dealers: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
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Fees: | 1%
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Cusip: | 06741THU4
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