New Issue: Barclays prices $12.65 million return enhanced notes linked to basket of four currencies

By Toni Weeks

San Diego, Nov. 22 - Barclays Bank plc priced $12.65 million of 0% return enhanced notes due Nov. 21, 2013 linked to a basket of four currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket components consist of the Chinese renminbi, the Mexican peso, the Indonesian rupiah and the Turkish lira.

If the basket return is greater than zero, the payout at maturity will be par plus 216% of the basket return.

Investors will share in losses of up to 5% and will receive at least 95% of par.

Barclays Capital Inc. is the agent with JPMorgan Chase Bank, NA and JPMorgan Securities LLC as distributors.

Issuer:	Barclays Bank plc
Issue:	Return enhanced notes
Underlying currencies:	Chinese renminbi, Mexican peso, Indonesian rupiah and Turkish lira, equally weighted
Amount:	$12,648,000
Maturity:	Nov. 21, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 216% of basket return; up to 5% loss if basket declines
Initial rates:	6.3548 for renminbi, 13.6732 for peso, 9060 for rupiah, 1.8184 for lira
Pricing date:	Nov. 18
Settlement date:	Nov. 23
Agents:	Barclays Capital Inc.; JPMorgan Chase Bank, NA and JPMorgan Securities LLC (distributors)
Fees:	1.5%
Cusip:	06738KZM6

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