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Published on 12/16/2008 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1 million Buffered Super Track Notes on iShares MSCI Emerging Markets

By Susanna Moon

Chicago, Dec. 16 - Barclays Bank plc priced $1 million of 0% Buffered Super Track Notes due Jan. 21, 2011 linked to iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus triple any share gain, up to a maximum return of 70.5%.

Investors will receive par if the shares fall by up to 10% and will lose 1% for each 1% decline beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying fund:iShares MSCI Emerging Markets index fund
Amount:$1,001,000
Maturity:Jan. 21, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any fund gain, capped at 70.5%; par if shares fall by up to 10%; 1% loss for each 1% decline beyond 10%
Initial fund price:$24.43
Pricing date:Dec. 15
Settlement date:Dec. 18
Agent:Barclays Capital Inc.
Fees:1.5%

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