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Published on 10/24/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.17 million buffered Super Track notes tied to S&P 500

By Toni Weeks

San Diego, Oct. 24 - Barclays Bank plc priced $1.17 million of 0% buffered Super Track notes due Nov. 25, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum return of 9.25%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the 10% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500 index
Amount:$1.17 million
Maturity:Nov. 25, 2013
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus index return, capped at 9.25%; par if index stays flat or declines by up to 10%; exposure to losses beyond 10%
Initial level:1,433.82
Pricing date:Oct. 23
Settlement date:Oct. 25
Agent:Barclays
Fees:1.25%
Cusip:06741TJM0

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