New Issue: Barclays prices $924,800 buffered PLUS linked to Nasdaq 100 via Morgan Stanley

By Susanna Moon

Chicago, April 27 - Barclays Bank plc priced $924,800 of 0% buffered Performance Leveraged Upside Securities due May 28, 2010 linked to the Nasdaq 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

Morgan Stanley & Co. Inc. is the agent.

The payout at maturity will be par of $10.00 plus double any index gain, up to a maximum payout of $11.88 per note.

Investors will receive par if the index falls by up to 10% and will be exposed to declines beyond 10%.

Issuer:	Barclays Bank plc
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Nasdaq 100 index
Amount:	$924,800
Maturity:	May 28, 2010
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 118.8% of par; par for losses up to 10% and share in losses beyond 10%
Initial index level:	1,344.41
Pricing date:	April 23
Settlement date:	April 30
Agent:	Morgan Stanley & Co. Inc.
Fees:	2%

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