Barclays plans buffered iSuper Track notes linked to real estate ETF

By Angela McDaniels

Tacoma, Wash., March 2 - Barclays Bank plc plans to price buffered iSuper Track notes due March 17, 2014 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Noteholders will receive $10 per note each quarter.

If the fund's final share price is greater than the initial share price, the payout at maturity will be par plus the fund return, subject to a cap on the fund return of 6.5% to 10%. The exact cap will be set at pricing. Investors will receive par if the share price declines by 15% or less and will lose 1% for each 1% that it declines beyond 15%.

The notes (Cusip: 06738KT68) will price March 13 and settle March 16.

Barclays Capital Inc. is the agent.

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