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Published on 3/19/2007 in the Prospect News Structured Products Daily.

Barclays to price 0% notes linked to Goldman Sachs Commodity sub-indexes

By Angela McDaniels

Seattle, March 19 - Barclays Bank plc plans to price an offering of zero-coupon principal-protected notes due June 28, 2011 linked to four sub-indexes of the Goldman Sachs Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The basket will include the GSSO ER sub-index with a 45% weight, the GSSB ER sub-index with a 35% weight, the GSCL ER sub-index with a 10% weight and the GSCN ER sub-index with a 10% weight. The sub-indexes track the prices of soybeans, sugar, crude oil and corn, respectively.

The payout at maturity will be par plus any percentage increase in the basket level. Investors will receive at least par.

The notes will price on March 23 and settle on March 28.

Barclays Capital Inc. will be the agent.


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