Barclays to price Barclays Capital Global Carbon Index Excess Return notes

By E. Janene Geiss

Philadelphia, Aug. 11 - Barclays Bank plc plans to sell an issue of zero-coupon principal-protected Barclays Capital Global Carbon Index Excess Return notes due Aug. 30, 2013 linked to the Barclays Capital Global Carbon Index Excess Return, according to a 424B3 filing with the Securities and Exchange Commission.

The index is composed of allocations in futures or forward contracts on a carbon emissions credit from the European Union Emission Trading Scheme or the Kyoto Protocol's Clean Development Mechanism.

The payout at maturity will be par plus the lesser of the index return and a maximum return of 60%. Investors will receive at least par.

The notes are expected to price Aug. 26.

Barclays Capital Inc. is the agent.

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