New Issue: Barclays prices $3.09 million annual autocallables tied to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 12 - Barclays Bank plc priced $3.09 million of 0% annual autocallable notes due Aug. 14, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a premium of 14.5% per year if the index closes at or above its initial level on Aug. 16, 2012, Aug. 12, 2013 or Aug. 11, 2014.

If the notes are not called and the final index level is at least 70% of the initial level, the payout at maturity will be par. Otherwise, the payout will be par plus the index return.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying index:	Russell 2000
Amount:	$3.09 million
Maturity:	Aug. 14, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 70% of initial level, par; otherwise, par plus index return
Call:	Automatically at par plus 14.5% per year if index closes at or above initial level on Aug. 16, 2012, Aug. 12, 2013 or Aug. 11, 2014
Initial index level:	660.21
Pricing date:	Aug. 10
Settlement date:	Aug. 15
Agent:	Barclays Capital Inc.
Fees:	2.5%
Cusip:	06738KRZ6

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