Barclays plans buffered Super Track notes on Technology Select fund

By Marisa Wong

Madison, Wis., March 1 - Barclays Bank plc plans to price 0% buffered Super Track notes due Sept. 28, 2012 linked to the Technology Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, up to a maximum return of 14%.

Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip: 06738KDD0) will price on March 25 and settle on March 30.

Barclays Capital Inc. is the agent.

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