New Issue: Barclays prices $3.3 million return enhanced notes on Hang Seng China

By Susanna Moon

Chicago, March 21 - Barclays Bank plc priced $3.3 million of 0% return enhanced notes due April 7, 2014 linked to the Hang Seng China Enterprises index and the U.S. dollar per Hong Kong dollar exchange rate, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 28%.

Investors will be fully exposed to any losses.

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

Issuer:	Barclays Bank plc
Issue:	Return enhanced notes
Underlying index:	Hang Seng China Enterprises index and the U.S. dollar per Hong Kong dollar exchange rate
Amount:	$3.3 million
Maturity:	April 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 28%; full exposure to any losses
Initial level:	10,740.05
Pricing date:	March 19
Settlement date:	March 22
Agent:	Barclays, with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as distributors
Fees:	1%
Cusip:	06741TRG4

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