New Issue: Barclays prices $14.37 million notes due 2014 linked to gold

By Angela McDaniels

Tacoma, Wash., March 27 - Barclays Bank plc priced $14.37 million of 0% notes due March 27, 2014 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the gold return, subject to a minimum payout of $900.00 and a maximum payout of $1,235.50 per $1,000 principal amount of notes.

Barclays Capital Inc. is the agent with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as dealers.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying commodity:	Gold
Amount:	$14.37 million
Maturity:	March 27, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus gold return, subject to minimum payout of $900.00 and maximum payout of $1,235.50 per $1,000 principal amount of notes
Initial price:	$1,664.00
Pricing date:	March 23
Settlement date:	March 28
Agent:	Barclays Capital Inc.
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	06738KZ38

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