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Published on 12/3/2010 in the Prospect News Structured Products Daily.

Barclays to price buffered Super Track digital notes on Russell 2000

By Jennifer Chiou

New York, Dec. 3 - Barclays Bank plc plans to price 0% buffered Super Track digital notes due June 29, 2012 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 13%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

The notes (Cusip: 06740PS98) will price on Dec. 27 and settle on Dec. 30.

Barclays Capital Inc. is the agent.


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