New Issue: Barclays prices $20.93 million trigger performance notes tied to DJ-UBS Gold Subindex

By Toni Weeks

San Diego, May 9 - Barclays Bank plc priced $20.93 million of 0% trigger performance securities due May 10, 2016 linked to the Dow Jones-UBS Gold Subindex, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus the index return.

If the index return is zero or negative and the final index level is greater than or equal to the trigger level, which is 54.5% of the initial level, the payout will be par.

If the final index level is less than the trigger level, the payout will be par plus the index return.

UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.

Issuer:	Barclays Bank plc
Issue:	Trigger performance securities
Underlying index:	Dow Jones-UBS Gold Subindex
Amount:	$20,926,900
Maturity:	May 10, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus index return; par if index return is between 54.5% of initial level and zero, inclusive; otherwise, par plus index return, with exposure to losses
Initial level:	189.6912
Trigger level:	103.3817, 54.5% of initial level
Pricing date:	May 5
Settlement date:	May 10
Underwriters:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	3.5%
Cusip:	06741K734

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