New Issue: Barclays prices $3.24 million 11.56% trigger yield optimization notes tied to F5 Networks

By Toni Weeks

San Diego, July 12 - Barclays Bank plc priced $3.24 million of 11.56% annualized trigger yield optimization notes due Jan. 13, 2012 linked to the common stock of F5 Networks, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial share price of F5 stock.

The payout at maturity will be par unless the final price of F5 stock is less than 70% of the initial share price, in which case investors will receive one F5 share per note.

Barclays Capital Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger yield optimization notes
Underlying stock:	F5 Networks, Inc. (Nasdaq: FFIV)
Amount:	$3,237,407.36
Maturity:	Jan. 13, 2012
Coupon:	11.56%, payable monthly
Price:	Par of $116.42
Payout at maturity:	If final share price is less than trigger price, one F5 share; otherwise, par
Initial share price:	$116.42
Trigger price:	$81.49, 70% of initial price
Pricing date:	July 8
Settlement date:	July 13
Underwriters:	Barclays Capital Inc. and UBS Financial Services Inc.
Fees:	1%
Cusip:	06741K171

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