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Published on 8/1/2011 in the Prospect News Structured Products Daily.

RBS plans protected 4.5-year market-linked notes tied to DJIA

By Jennifer Chiou

New York, Aug. 1 - Royal Bank of Scotland plc plans to price 0% market-linked notes due March 1, 2016 linked to the Dow Jones-UBS Commodity index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index.

Investors will receive a minimum of par.

The notes (Cusip: 78009PBM2) are expected to price on Aug. 26 and settle on Aug. 31.

RBS Securities Inc. is the agent with SIP America LLC.


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