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Published on 10/8/2009 in the Prospect News Structured Products Daily.

Barclays plans Buffered Super Track Notes tied to iShares MSCI EM fund

By Angela McDaniels

Tacoma, Wash., Oct. 8 - Barclays Bank plc plans to price 0% Buffered Super Track Notes due Oct. 31, 2011 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any increase in the fund's share price, subject to a maximum return of 36% to 44% that will be set at pricing. Investors will receive par if the share price declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

The notes will price on Oct. 27 and settle on Oct. 31.

Barclays Capital Inc. is the agent.


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