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Published on 9/3/2010 in the Prospect News Structured Products Daily.

Barclays plans knock-in Super Track digital notes linked to S&P 500

By Susanna Moon

Chicago, Sept. 3 - Barclays Bank plc plans to price 0% knock-in Super Track digital notes due Oct. 6, 2011 linked to the Russell 2000 index, according to an FWP 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 the 10% to 15% digital percentage.

Investors will receive par if the index falls by up to 40% and will fully share in the loss if the index declines beyond 40%.

The notes (Cusip 06740PNW2) will price on Sept. 27 and settle on Sept. 30.

Barclays Capital Inc. is the agent.


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