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Published on 2/23/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.68 million buffered Super Track notes on S&P GSCI Excess Return

By Susanna Moon

Chicago, Feb. 23 - Barclays Bank plc priced $1.68 million of zero-coupon buffered Super Track notes due Feb. 22, 2013 based on the performance of the S&P GSCI Excess Return index, according to 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 32%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P GSCI Excess Return index
Amount:$1,676,000
Maturity:Feb. 22, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 32%; 1% loss per 1% drop beyond 10%
Initial level:488.4582
Pricing date:Feb. 18
Settlement date:Feb. 24
Agent:Barclays Capital Inc.
Fees:None
Cusip:06741JCL1

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