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Published on 1/13/2009 in the Prospect News Structured Products Daily.

Barclays plans Buffered Super Track Digital Plus Notes linked to gold

By Angela McDaniels

Tacoma, Wash., Jan. 13 - Barclays Bank plc plans to price 0% Buffered Super Track Digital Plus Notes due Jan. 29, 2010 linked to the price of gold, according to an FWP filing with the Securities and Exchange Commission.

If the final price of gold is greater than the initial price, then the payout at maturity will be par plus 15.5%. Investors will receive par if gold declines by 10% or less and will lose 1% for every 1% that gold declines beyond 10%.

The notes will price Jan. 27 and settle Jan. 30.

Barclays Capital Inc. is the agent.


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