Published on 5/3/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $5.19 million buffered notes on Barclays Multi-Strategy DJ-UBSCI
By Marisa Wong
Madison, Wis., May 3 - Barclays Bank plc priced $5.19 million of 0% notes due May 4, 2018 linked to the Barclays Multi-Strategy DJ-UBSCI with Seasonal Energy Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a maximum return of 63%.
If the index falls by up to 20%, the payout will be par.
If the index falls by more than 20%, investors will lose 1.25% for every 1% decline beyond the 20% buffer.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
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Underlying index: | Barclays Multi-Strategy DJ-UBSCI with Seasonal Energy Excess Return index
|
Amount: | $5,188,000
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Maturity: | May 4, 2018
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Coupon: | 0%
|
Price: | Par
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Payout at maturity: | Par plus index return, return capped at 63%; if index falls by up to 20%, par; otherwise, 1.25% loss for every 1% decline beyond 20% buffer
|
Initial level: | 328.3258
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Pricing date: | May 1
|
Settlement date: | May 6
|
Agent: | Barclays
|
Fees: | None
|
Cusip: | 06741TSQ1
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