Barclays to price Super Track digital notes linked to Russell 2000

By Toni Weeks

San Diego, March 1 - Barclays Bank plc plans to price 0% Super Track digital notes due Oct. 3, 2012 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus a digital percentage of 12% to 18%. The exact digital percentage will be determined at pricing.

If the index finishes at or above 75% of the initial level, the payout will be par plus 3%. Otherwise, investors will be fully exposed to any decline in the index.

The notes (Cusip: 067438KCZ2) are expected to price on March 28 and settle on March 31.

Barclays Capital Inc. is the agent.

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