Barclays plans buffered Super Track notes linked to iShares Dow Jones U.S. Real Estate

By Angela McDaniels

Tacoma, Wash., June 3 - Barclays Bank plc plans to price 0% buffered Super Track notes due Dec. 30, 2011 linked to the iShares Dow Jones U.S. Real Estate index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, subject to a maximum return of 29.25% to 33.25% that will be set at pricing. Investors will receive par if the fund shares fall by 10% or less and will lose 1% for each 1% that they decline beyond 10%.

The notes will price June 25 and settle June 30.

Barclays Capital Inc. is the agent.

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