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Published on 6/20/2008 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.5 million 95% principal-protected notes linked to euro versus dollar

By Susanna Moon

Chicago, June 20 - Barclays Bank plc priced $1.5 million of zero-coupon 95% principal-protected notes due June 23, 2010 linked to the performance of the euro against the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the dollar maintains at least 95% of its initial value against the euro, the payout at maturity will be par times the currency return. Investors will receive at least 95% of par.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:95% principal-protected notes
Underlying exchange rate:Euro versus dollar
Amount:$1.5 million
Maturity:June 23, 2010
Coupon:0%
Price:Par
Payout at maturity:If dollar maintains at least 95% of initial value, par times currency return; floor of 95% of par
Initial level:0.6456
Pricing date:June 19
Settlement date:June 24
Agent:Barclays Capital Inc.
Fees:1%

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