Barclays plans steepener notes due 2022 on 30-, two-year ICE swaps

By Sarah Lizee

Olympia, Wash., Jan. 16 – Barclays Bank plc plans to price capital at-risk steepener notes due Jan. 28, 2022 linked to the spread between the 30-year U.S. dollar ICE swap rate and the two-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 100 times the reference rate up to a maximum rate of 0.305%.

Barclays is the agent.

The notes will price on Jan. 18.

The Cusip number is 06747MB39.

© 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.