By Susanna Moon
Chicago, June 7 - Barclays Bank plc priced $5 million of 0% notes June 8, 2017 linked to the Barclays Capital Series-2 WTI Crude 11M Deferred TR index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity or upon redemption will be par plus the index return minus an investor fee of 0.75% per year.
Investors will be exposed to any losses.
The notes are putable and callable at any time.
The index reflects the returns available by maintaining a rolling position in exchange-traded futures contracts for WTI crude oil.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | Barclays Capital Series-2 WTI Crude 11M Deferred TR index
|
| Amount: | $5 million
|
| Maturity: | June 8, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index return minus an investor fee of 0.75% per year
|
| Call option: | At any time
|
| Put option: | At any time
|
| Initial index level: | 1,379.396
|
| Pricing date: | June 5
|
| Settlement date: | June 8
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06741TAE7
|
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