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Published on 5/17/2010 in the Prospect News Structured Products Daily.

Barclays plans buffered Super Track notes on Dow Jones-UBS Commodity

By Marisa Wong

Milwaukee, May 17 - Barclays Bank plc plans to price 0% buffered Super Track notes due June 11, 2012 linked to the Dow Jones-UBS Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of 30% to 40% that will be set at pricing. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

The notes will price on June 4 and settle on June 9.

Barclays Capital Inc. is the agent.


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