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Published on 7/28/2010 in the Prospect News Structured Products Daily.

Barclays plans to price six-year notes linked to S&P BRIC 40 index

By Angela McDaniels

Tacoma, Wash., July 28 - Barclays Bank plc plans to price 0% notes due Aug. 31, 2016 linked to the S&P BRIC 40 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, subject to a minimum payout of par and a maximum payout of 145% to 160% of par. The exact cap will be set at pricing.

The notes (Cusip: 06740PHE9) are expected to price Aug. 26 and settle Aug. 31.

Barclays Capital Inc. is the agent.


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