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Published on 8/21/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.73 million notes linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Aug. 21 - Barclays Bank plc priced $1.73 million of 0% notes due Feb. 26, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's closing level is greater than or equal to the barrier level, 59% of the initial index level, on each day during the life of the notes, the payout at maturity will be par plus the greater of the index return and 0%. Otherwise, the payout will be par plus the index return, which could be positive or negative.

Barclays is the underwriter with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:Euro Stoxx 50
Amount:$1,725,000
Maturity:Feb. 26, 2014
Coupon:0%
Price:Par
Payout at maturity:If index's closing level remains at or above barrier level throughout life of notes, par plus greater of index return and 0%; otherwise, par plus index return, which could be positive or negative
Initial index level:2,471.53
Barrier level:1,458.20, 59% of initial level
Pricing date:Aug. 17
Settlement date:Aug. 22
Agent:Barclays
Dealers:JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:1.25%
Cusip:06741TEJ2

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