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Published on 2/27/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $25.39 million Accelerated Return Notes tied to Dow Jones Global Titans

By Susanna Moon

Chicago, Feb. 27 - Barclays Bank plc priced $25.39 million of 0% Accelerated Return Notes due April 26, 2013 linked to the Dow Jones Global Titans 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity is par of $10.00 plus triple any gain in the index, up to a maximum return of $11.62 per note.

Investors will be fully exposed to any index decline.

Bank of America Merrill Lynch is the agent.

Issuer:Barclays Bank plc
Issue:Accelerated Return Notes
Underlying index:Dow Jones Global Titans 50
Amount:$25,390,840
Maturity:April 26, 2013
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 16.2%; 1% loss for every 1% decline
Initial index level:187.44
Pricing date:Feb. 23
Settlement date:March 1
Underwriter:Bank of America Merrill Lynch
Fees:2%
Cusip:06741L468

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