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Published on 11/12/2010 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $885,000 buffered Super Track notes tied to iShares MSCI Brazil ETF

By Marisa Wong

Madison, Wis., Nov. 12 - Barclays Bank plc priced $885,000 of 0% buffered Super Track notes due May 14, 2012 linked to the performance of the iShares MSCI Brazil index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, up to a maximum return of 28%.

Investors will receive par if the fund falls by up to 15% and will be exposed to any decline beyond 15%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying fund:iShares MSCI Brazil index fund
Amount:$885,000
Maturity:May 14, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus any fund gain, capped at 28%; exposure to losses beyond 15%
Initial share price:$79.13
Pricing date:Nov. 9
Settlement date:Nov. 15
Agent:Barclays Capital Inc.
Fees:None
Cusip:06740P2U9

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