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Published on 8/23/2010 in the Prospect News Structured Products Daily.

Barclays plans five-year notes linked to Pure Beta DJ-UBS Commodity

By Jennifer Chiou

New York, Aug. 23 - Barclays Bank plc plans to price 0% notes due Sept. 4, 2015 linked to the Barclays Capital Pure Beta DJ-UBS CI Total Return index, according to an FWP filing with the Securities and Exchange Commission.

The notes are putable and callable at any time, subject to a minimum put amount of $1 million.

The payout upon redemption or at maturity will be par plus the index return, which could be positive or negative, minus the investor fee, which equals 0.9% per year times par times the quotient of the final index level divided by the initial index level.

The notes (Cusip 06740PMR4) will price on Sept. 1 and settle on Sept. 7.

Barclays Capital Inc. is the agent.


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