New Issue: Barclays prices $3 million principal protected notes linked to five currencies

By Laura Lutz

Des Moines, Nov. 28 - Barclays Bank plc priced a $3 million issue of zero-coupon principal protected notes due May 29, 2009 linked to a basket of five currencies, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the exchange rates against the dollar of the Brazilian real, the Russian ruble, the Indian rupee, the Chinese yuan and the euro.

At maturity, investors will receive par plus 120% of any gain on the basket. Investors will receive at least par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Principal protected notes
Underlying basket:	Equal weights of Brazilian real, Russian ruble, Indian rupee, Chinese yuan and euro, all against the dollar
Amount:	$3 million
Maturity:	May 29, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 120% of any basket gain; floor of par
Pricing date:	Nov. 26
Settlement date:	Nov. 29
Agent:	Barclays Capital Inc.
Fees:	2.25%

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