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Published on 12/23/2009 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $485,000 Super Track Notes linked to three currencies versus yen

By Angela McDaniels

Tacoma, Wash., Dec. 23 - Barclays Bank plc priced $485,000 of 0% Super Track Notes due June 24, 2011 linked to the performance of a basket of currencies relative to the Japanese yen, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Australian dollar, Canadian dollar and Norwegian krone.

The payout at maturity will be par plus 195% of any basket gain. Investors will be exposed to any basket decline.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Super Track Notes
Underlying currencies:Australian dollar, Canadian dollar and Norwegian krone, equally weighted
Amount:$485,000
Maturity:June 24, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 195% of any basket appreciation relative to the Japanese yen; exposure to any basket depreciation relative to the yen
Initial exchange rates:0.01244197 for Australia dollar, 0.01163486 for Canadian dollar, 0.06436954 for krone
Pricing date:Dec. 21
Settlement date:Dec. 24
Agent:Barclays Capital Inc.
Fees:0.75%

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