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Published on 8/17/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.1 million protected notes with no cap tied to indexes

By Susanna Moon

Chicago, Aug. 17 - Barclays Bank plc priced $1.1 million of 0% notes due Aug. 22, 2017 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the S&P 500 index, the Euro Stoxx 50 index, the Hang Seng index and the S&P BRIC 40 index.

The payout at maturity will be par plus any gain in the basket.

If the basket falls, the payout will be par.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying basket:S&P 500 index, the Euro Stoxx 50 index, the Hang Seng index and the S&P BRIC 40 index, equally weighted
Amount:$1.1 million
Maturity:Aug. 22, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain, floor of par
Initial levels:1,405.53 for S&P 500, 2,430.39 for Euro Stoxx, 20,052.29 for Hang Seng and 2,280.78 for BRIC
Pricing date:Aug. 15
Settlement date:Aug. 20
Agent:Barclays Capital Inc.
Fees:2.75%
Cusip:06741TEH6

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