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Published on 10/27/2010 in the Prospect News Structured Products Daily.

Barclays plans buffered Super Track digital notes on Russell 2000

By Susanna Moon

Chicago, Oct. 27 - Barclays Bank plc plans to price 0% buffered Super Track digital notes due May 4, 2012 based on the performance of the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the digital percentage of 18.25%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip 06740PA71) will price on Nov. 1 and settle on Nov. 4.

Barclays Capital Inc. is the agent.


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