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Published on 8/30/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.44 million buffered Super Track digital notes linked to S&P 500

By Toni Weeks

San Diego, Aug. 30 - Barclays Bank plc priced $2.44 million of 0% buffered Super Track digital notes due Aug. 29, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the 11.5% digital percentage.

Investors will receive par if the index stays flat or falls by up to 20% and will be exposed to any losses beyond the 20% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track digital notes
Underlying index:S&P 500 index
Amount:$2.44 million
Maturity:Aug. 29, 2014
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 11.5%; par if index stays flat or declines by up to 20%; exposure to losses beyond 20%
Initial level:1,410.49
Pricing date:Aug. 29
Settlement date:Aug. 31
Agent:Barclays
Fees:2.45%
Cusip:06741TDY0

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