Barclays to offer SuperTrack Notes linked to iShares Russell 2000 fund

By Susanna Moon

Chicago, March 4 - Barclays Bank plc plans to price zero-coupon SuperTrack Notes due April 29, 2011 based on the iShares Russell 2000 index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 14.4% to 17.7%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes will price on March 26 and settle on March 31.

Barclays Capital Inc. is the agent.

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