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Published on 3/31/2011 in the Prospect News Structured Products Daily.

Barclays plans buffered iSuper Track notes tied to DJ U.S. Real Estate

By Susanna Moon

Chicago, March 31 - Barclays Bank plc plans to price buffered iSuper Track notes due April 18, 2013 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Holders will receive periodic payments of $7.50 per quarter.

The payout at maturity will be par plus any fund gain, up to a maximum return of 6.5% to 14.25%. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 15% and will lose 1% for each 1% decline beyond 15%.

Barclays Capital Inc. is the agent.

The notes will price on April 15 and settle on April 20.

The Cusip is 06738KFV8.


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