New Issue: Barclays prices $760,000 notes due 2014 tied to performance of gold

By Jennifer Chiou

New York, April 9 - Barclays Bank plc priced $760,000 of 0% notes due April 10, 2014 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the gold return is greater than negative 10%, the payout at maturity will be par plus the gold return, subject to a maximum return of 16.75%.

If the gold return is less than or equal to negative 10%, investors will receive $900 for each $1,000 of notes.

Barclays Capital Inc. is the agent with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as dealers.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying commodity:	Gold
Amount:	$760,000
Maturity:	April 10, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus gold return, subject to minimum payout of $900.00 and maximum payout of $1,167.50 per note
Initial price:	$1,631
Pricing date:	April 5
Settlement date:	April 11
Agent:	Barclays Capital Inc.
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	06738K2S9

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