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Published on 6/19/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $525,000 market plus notes linked to Citigroup

By Toni Weeks

San Diego, June 19 - Barclays Bank plc priced $525,000 of 0% market plus notes due July 3, 2013 linked to the common stock of Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price has decreased from the initial share price by more than 30%, investors will be fully exposed to the share price decline. Otherwise, the payout at maturity will be par plus the greater of the stock return and 7%.

Barclays Capital Inc. is the agent, and J.P. Morgan Chase Bank, NA and JPMorgan Securities LLC are dealers.

Issuer:Barclays Bank plc
Issue:Market plus notes
Underlying stock:Citigroup Inc. (Symbol: C)
Amount:$525,000
Maturity:July 3, 2013
Coupon:0%
Price:Par
Payout at maturity:If final price falls by more than 30%, full exposure to share price decline; otherwise, par plus greater of stock return and 7%
Initial price:$28.31
Barrier level:$19.82, 70% of initial price
Pricing date:June 15
Settlement date:June 20
Agent:Barclays Capital Inc. with JPMorgan Chase Bank, NA and JPMorgan Securities LLC as dealers
Fees:1%
Cusip:06741TBH9

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