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Barclays to price 0% notes linked to Multi-Strategy DJ-UBSCI index
By Angela McDaniels
Tacoma, Wash., Nov. 17 - Barclays Bank plc plans to price 0% notes due Dec. 19, 2013 linked to the Barclays Capital Multi-Strategy DJ-UBSCI with Seasonal Energy Total Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return minus an investor fee of about 0.95% per year.
The index is designed to reflect the returns that are potentially available through the application of the roll yield, seasonal or momentum alpha methodologies to the futures contracts for the commodities that are included in the Dow Jones - UBS Commodity index. The weightings of the commodities underlying the index are adjusted on a monthly basis.
The notes (Cusip 06740PL38) are expected to price Dec. 15 and settle Dec. 20.
Barclays Capital Inc. is the agent.
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