New Issue: Barclays prices $9.43 million market plus notes linked to S&P 500

By Toni Weeks

San Luis Obispo, Calif., Aug. 6 - Barclays Bank plc priced $9.43 million of 0% market plus notes due Feb. 4, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never closes below the barrier level, 78.5% of the initial level, on any day during the life of the notes, the payout at maturity will be par plus any index gain, subject to a minimum payout of par.

Otherwise, the payout at maturity will be par plus the index return with exposure to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Market plus notes
Underlying index:	S&P 500
Amount:	$9,434,000
Maturity:	Feb. 4, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above barrier level during life of notes, par plus any index gain, floor of par; otherwise, par plus index return, with exposure to losses
Initial level:	1,709.67
Barrier level:	1,342.09, 78.5% of initial price
Pricing date:	Aug. 2
Settlement date:	Aug. 7
Agent:	Barclays
Fees:	1.25%
Cusip:	06741TA98

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