Barclays delays pricing 98%-protected digital notes on Brazilian real

By Susanna Moon

Chicago, Oct. 22 - Barclays Bank plc pushed back pricing of 0% digital notes linked to the Brazilian real relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are now due Nov. 6, 2013, with the maturity date revised from Oct. 30, 2013.

The notes will price on Oct. 26 and settle on Oct. 31. The notes were originally scheduled to price on Oct. 19 and settle on Oct. 24.

As previously noted, if the currency return is 5% or more, the payout at maturity will be par plus 98% of par plus the digital percentage of 11.15%, or $1,091.50 per $1,000 principal amount.

Otherwise, the payout will be 98% of par.

Barclays is the agent.

The Cusip number is 06741TJK4.

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