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Published on 9/14/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $792,000 buffered Super Track notes linked to SPDR S&P 500 ETF Trust

By Toni Weeks

San Diego, Sept. 14 - Barclays Bank plc priced $792,000 of 0% buffered Super Track notes due March 17, 2014 linked to the SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus double the fund return, subject to a maximum return of 13%.

Investors will receive par if the fund falls by up to 15% and will lose 1% for every 1% decline beyond the 15% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying fund:SPDR S&P 500 ETF Trust
Amount:$792,000
Maturity:March 17, 2014
Coupon:0%
Price:Par
Payout at maturity:If fund return is positive, par plus 200% of fund return, capped at 13%; par if fund declines by up to 15%; 1% loss for every 1% decline beyond the 15% buffer
Initial price:$144.39
Pricing date:Sept. 12
Settlement date:Sept. 17
Agent:Barclays
Fees:None
Cusip:06741TFH5

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