Published on 4/6/2015 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $207,000 notes linked to basket of five indexes
By Angela McDaniels
Tacoma, Wash., April 6 – Barclays Bank plc priced $207,000 of 0% notes due Aug. 5, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The issue price is 97.03% of par.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus the basket return. The notes are not principal protected, so investors will receive less than par if that basket return is negative.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying indexes: | Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
|
Amount: | $207,000
|
Maturity: | Aug. 5, 2016
|
Coupon: | 0%
|
Price: | 97.03
|
Payout at maturity: | Par plus basket return
|
Pricing date: | April 1
|
Settlement date: | April 10
|
Agent: | Barclays
|
Fees: | None
|
Cusip: | 06741UTF1
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.