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Published on 11/3/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.84 million Super Track notes with 50% barrier, no cap tied to S&P 500

By Susanna Moon

Chicago, Nov. 3 - Barclays Bank plc priced $4.84 million of 0% Super Track notes due Feb. 5, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.2 times any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index declines by more than 50%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:S&P 500
Amount:$4.84 million
Maturity:Feb. 5, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 120% of any index gain; par if index falls by up to 50%; full exposure to losses if index declines by more than 50%
Initial level:1,218.28
Barrier level:609.14, or 50% of initial level
Pricing date:Nov. 1
Settlement date:Nov. 30
Agent:Barclays Capital Inc.
Fees:3%
Cusip:06738KYZ8

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