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Published on 3/21/2011 in the Prospect News Structured Products Daily.

Barclays plans to price Super Track notes linked to four Asian indexes

By Angela McDaniels

Tacoma, Wash., March 21 - Barclays Bank plc plans to price 0% Super Track notes due March 26, 2015 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Hang Seng China Enterprises index, the Korea Composite Stock Price Index 200, the MSCI Taiwan Price index and the MSCI Singapore Free Price Index.

The payout at maturity will be par plus 190% to 200% of any increase in the basket. Investors will be exposed to any basket decline. The exact upside participation rate will be set at pricing.

The notes (Cusip: 06738KET4) are expected to price March 22 and settle March 31.

Barclays Capital Inc. is the agent.


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