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Published on 7/5/2011 in the Prospect News Structured Products Daily.

Barclays plans 0% notes linked to WTI Crude 11M Deferred TR index

By Susanna Moon

Chicago, July 5 - Barclays Bank plc plans to price one-year 0% notes linked to the Barclays Capital Series-2 WTI Crude 11M Deferred TR index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are putable and callable at any time.

The payout at maturity or upon redemption will be par plus the index return minus an investor fee of about 0.75% per year.

Investors will be exposed to any losses.

The index reflects the returns available by maintaining a rolling position in exchange-traded futures contracts for WTI crude oil.

Barclays Capital Inc. is the agent.

The Cusip is 06738KNC1.


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