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Published on 4/5/2010 in the Prospect News Structured Products Daily.

Barclays plans certificates of deposit linked to three indexes, real

By Susanna Moon

Chicago, April 5 - Barclays Bank Delaware plans to price certificates of deposit due April 28, 2015 based on a basket of three indexes and a currency exchange rate, according to a term sheet.

The basket consists of the S&P 500 index with a 16.67% weight, the Dow Jones - UBS Commodity index with a 16.67% weight, the Consumer Price index with a 16.66% weight and the Brazilian real/dollar exchange rate with a 50% weight.

The payout at maturity will be par plus any gain on the basket, capped at 40% to 50%. The exact cap will be set at pricing.

Investors will receive at least par.

The CDs are expected to price on April 23 and settle on April 30.

Barclays Capital Inc. is the agent. Advisors Asset Management, Inc. is the distributor.


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