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Published on 2/8/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.7 million return enhanced notes tied to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 8 - Barclays Bank plc priced $1.7 million of 0% return enhanced notes due Aug. 9, 2012 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any increase in the index, subject to a maximum return of 33.6%. Investors will be exposed to any decline in the index.

JPMorgan Chase Bank, NA and J.P. Morgan Securities, LLC are the agents.

Issuer:Barclays Bank plc
Issue:Return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$1,695,000
Maturity:Aug. 9, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any index gain, up to maximum return of 33.6%; exposure to any index decline
Initial index level:3,003.19
Final index level:Average of index's closing levels on the five trading days ending Aug. 6, 2012
Pricing date:Feb. 4
Settlement date:Feb. 9
Agent:JPMorgan Chase Bank, NA and J.P. Morgan Securities, LLC
Fees:1.25%
Cusip:06738KBB6

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