Barclays plans Buffered Super Track Digital Notes linked to gold

By Jennifer Chiou

New York, April 15 - Barclays Bank plc plans to price 0% Buffered Super Track Digital Notes due April 29, 2010 linked to the price of gold, according to an FWP filing with the Securities and Exchange Commission.

If the price of gold increases, the payout at maturity will be par plus the digital percentage, which is expected to be 13% to 18% and will be set at pricing.

Investors will receive par if the price of gold falls by up to 10% and will be exposed to losses beyond 10%.

The notes will price on April 27 and settle on April 30.

Barclays Capital Inc. is the agent.

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