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Published on 6/23/2010 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $10 million 0% notes due 2018 linked to equity index basket

By Marisa Wong

Milwaukee, June 23 - Barclays Bank plc priced $10 million of 0% notes due June 26, 2018 linked to a basket of equity indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 55% weight, the MSCI EAFE index with a 30% weight and the Russell 2000 index with a 15% weight.

The payout at maturity will be par plus 1.115 times any basket gain. Investors will receive at least par.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Notes linked to a basket of equity indexes
Underlying indexes:S&P 500 (55% weight), MSCI EAFE (30% weight) and Russell 2000 (15% weight)
Amount:$10 million
Maturity:June 26, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 111.5% of any basket gain; floor of par
Initial levels:1,095.31 for S&P 500; 1,423.54 for MSCI EAFE; and 645.91 for Russell 2000
Pricing date:June 22
Settlement date:June 24
Agent:Barclays Capital Inc.
Fees:None
Cusip:06740PBC9

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