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Published on 11/24/2010 in the Prospect News Structured Products Daily.

Barclays to sell buffered Super Track notes tied to iShares MSCI EM

By Marisa Wong

Madison, Wis., Nov. 24 - Barclays Bank plc plans to price 0% buffered Super Track notes due June 20, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 15% to 25%. The exact cap will be set at pricing.

Investors will receive par if the fund declines by 15% or less and will lose 1% for every 1% decline beyond 15%.

The notes (Cusip: 06740PR65) will price on Dec. 15 and settle on Dec. 20.

Barclays Capital Inc. is the agent.


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