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Published on 5/27/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $450,000 two-year notes linked to Hang Seng China index

By Susanna Moon

Chicago, May 27 - Barclays Bank plc priced $450,000 of 0% Super Track notes due May 31, 2013 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of $1,270 for every $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will be exposed to any decline beyond 20%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:Hang Seng China Enterprises
Amount:$450,000
Maturity:May 31, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 27%; exposure to losses beyond 20%
Initial index level:12,689.66
Knock-in barrier:10,151.73, or 80% of initial level
Pricing date:May 25
Settlement date:May 31
Agent:Barclays Capital Inc.
Fees:2%
Cusip:06738KJU6

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