New Issue: Barclays downsizes issue amount to $235,000 for floating-rate notes linked to CPI

By Toni Weeks

San Diego, July 26 - Barclays Bank plc lowered the issue amount to $235,000 from $500,000 for its capped floating-rate notes due July 28, 2021 linked to the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.

Barclays originally priced $500,000 of the notes on July 7.

The coupon will be 4% for the first year. After that, the rate will be equal to the year-over-year change in the Consumer Price Index plus 150 basis points, with a minimum interest rate of 1% and a maximum rate of 8%. Interest is payable monthly.

The payout at maturity will be par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped floating-rate notes
Underlying index:	Consumer Price Index
Amount:	$235,000, downsized from $500,000
Maturity:	July 28, 2021
Coupon:	4% for first year; beginning July 28, 2012, year-over-year change in CPI plus 150 bps, floor of 1% and cap of 8%; payable monthly
Price:	Variable prices
Payout at maturity:	Par
Pricing date:	July 7
Downsized:	July 25
Settlement date:	July 28
Agent:	Barclays Capital Inc.
Fees:	2%
Cusip:	06738KMV0

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