Published on 10/29/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $81,000 notes linked to Fidelity Dividends for Inflation
By Kiku Steinfeld
Chicago, Oct. 30 – Barclays Bank plc priced $81,000 of 0% notes due April 3, 2025 linked to the Fidelity Dividends for Inflation index PR, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, subject to a maximum return of par plus 24%.
If the index falls, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying index: | Fidelity Dividends for Inflation PR
|
Amount: | $81,000
|
Maturity: | April 3, 2025
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain, capped at par plus 24%; floor of par
|
Initial level: | 676.89
|
Pricing date: | March 31, 2023
|
Settlement date: | April 5, 2023
|
Agent: | Barclays
|
Fees: | 1%
|
Cusip: | 06749NVC3
|
|
© 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.