New Issue: Barclays prices $750,000 two-year notes tied to metals, crude indexes

By Susanna Moon

Chicago, Aug. 2 - Barclays Bank plc priced $750,000 of 0% notes due Aug. 1, 2013 linked to a basket of three equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the S&P GSCI Industrial Metals Index Excess Return, the S&P GSCI Precious Metals Index Excess Return and the S&P GSCI Crude Oil Index Excess Return.

The payout at maturity will be par plus any gain in the basket, up to a maximum return of 20.5%.

Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying indexes:	S&P GSCI Industrial Metals Index Excess Return, S&P GSCI Precious Metals Index Excess Return and S&P GSCI Crude Oil Index Excess Return, equally weighted
Amount:	$750,000
Maturity:	Aug. 1, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 20.5%; par if index falls by up to 15%; exposure to losses beyond 15%
Initial levels:	299.1203 for Industrial Metals, 252.2478 for Precious Metals and 532.8685 for Crude Oil
Pricing date:	July 29
Settlement date:	Aug. 3
Agent:	Barclays Capital Inc.
Fees:	None
Cusip:	06738KQV6

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