By Jennifer Chiou
New York, April 22 - Barclays Bank plc priced $3.15 million of 0% notes due May 6, 2015 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the index return multiplied by (c) the adjustment factor, 98.8%.
Because of the adjustment factor, if the index does not increase by at least 1.215%, investors will receive lose some or all of their investment.
Barclays is the underwriter with J.P. Morgan Securities LLC as agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | Topix
|
| Amount: | $3.15 million
|
| Maturity: | May 6, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | (a) $1,000 multiplied by (b) one plus index return multiplied by (c) 98.8%
|
| Initial index level: | 1,173.37
|
| Pricing date: | April 18
|
| Settlement date: | April 23
|
| Underwriter: | Barclays
|
| Dealer: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 06741UCS1
|
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