Barclays plans buffered return enhanced notes on Dow Jones - UBS Commodity 3 Month Forward index

By Jennifer Chiou

New York, Nov. 3 - Barclays Bank plc plans to price 0% buffered return enhanced notes due Nov. 15, 2011 linked to the Dow Jones - UBS Commodity Index 3 Month Forward index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 185% times any increase in the index, capped at a maximum return of at least 24.98%. The exact upside leverage factor and cap will be set at pricing.

Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

The notes will price on Nov. 6 and settle on Nov. 16.

Barclays Capital Inc. is the agent.

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