Barclays plans buffered Super Track digital notes tied to Russell 2000

By Toni Weeks

San Diego, May 9 - Barclays Bank plc plans to price 0% buffered Super Track digital notes due Nov. 29, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus a digital percentage of 16% to 20%. The exact digital percentage will be determined at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond the 10% buffer.

The notes (Cusip: 06738K5A5) are expected to price May 25 and settle May 31.

Barclays Capital Inc. is the agent.

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