Barclays plans buffered digital notes with 90% trigger on MSCI EAFE

By Susanna Moon

Chicago, Oct. 7 - Barclays Bank plc plans to price 0% digital notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature in 23 to 26 months, with the exact maturity to be set at pricing.

If the index finishes at or above the initial level, the payout at maturity will be the maximum settlement amount of $1,130 to $1,150 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Barclays is the agent.

The Cusip number is 06741TR90.

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