By Marisa Wong
Madison, Wis., April 27 - Barclays Bank plc priced $1.45 million of 0% buffered Super Track digital notes due Oct. 30, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is zero or positive, the payout at maturity will be par plus 18%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond the 10% buffer.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track digital notes
|
| Underlying index: | Russell 2000 index
|
| Amount: | $1.45 million
|
| Maturity: | Oct. 30, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is zero or positive, par plus 18%; par if index falls by up to 10%; 1% loss for every 1% decline beyond buffer
|
| Initial level: | 812.12
|
| Pricing date: | April 25
|
| Settlement date: | April 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06738K3Q2
|
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