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Published on 7/2/2010 in the Prospect News Structured Products Daily.

Barclays plans to sell notes linked to S&P 500 Dynamic Veqtor index

By Susanna Moon

Chicago, July 2 - Barclays Bank plc plans to price 0% notes due July 9, 2015 based on the performance of the S&P 500 Dynamic Veqtor Total Return index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return minus an investor fee of 1.25% per year. Investors will be exposed to any losses.

The notes will price on July 6 and settle on July 9.

Barclays Capital Inc. is the agent.


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