New Issue: Barclays sells $1 million notes linked to commodity subindexes of S&P GSCI

By Susanna Moon

Chicago, Oct. 30 - Barclays Bank plc priced $1 million of zero-coupon principal-protected notes due Oct. 31, 2013 linked to a basket of subindexes of the S&P GSCI Commodity Index, according to a 424B2 filing with the Securities and Exchange Commission.

The basket comprises subindexes of the S&P GSCI Commodity Index: S&P GSCI Soybeans Index Excess Return, weighted at 35%; S&P GSCI Sugar Index Excess Return, weighted at 35%; S&P GSCI Wheat Index Excess Return, weighted at 15%; S&P GSCI Corn Index Excess Return, weighted at 15%.

The payout at maturity will be par plus any basket gain. Investors will receive at least par.

Barclays Capital is the agent.

Issuer:	Barclays Bank plc
Issue:	100% principal-protected bear notes
Underlying basket:	Subindexes of the S&P GSCI Commodity Index: S&P GSCI Soybeans Index Excess Return, weighted at 35%; S&P GSCI Sugar Index Excess Return, weighted at 35%; S&P GSCI Wheat Index Excess Return, weighted at 15%; S&P GSCI Corn Index Excess Return, weighted at 15%
Amount:	$1 million
Maturity:	Oct. 31, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; floor of par
Initial levels:	271.4449 for soybeans, 17.3378 for sugar, 46.65901 for wheat, 14.26773 for corn
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	Barclays Capital
Fees:	3%

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