Barclays to price 0% principal protected notes linked to commodities basket

By Susanna Moon

Chicago, April 10 - Barclays Bank plc plans to price zero-coupon principal protected notes due March 20, 2013 linked to a basket of five commodities, according to an FWP filing with the Securities and Exchange Commission.

The underlying basket comprises equal weights of gas oil, gasoline RBOB, natural gas, heating oil and WTI crude.

Payout at maturity will be par plus any gain in the basket. Investors will receive at least par.

The notes will price on April 15 and settle on April 18.

Barclays Capital will be the agent.

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