New Issue: Barclays prices $2.55 million principal-protected notes linked to Chinese renminbi

By Toni Weeks

San Diego, June 27 - Barclays Bank plc priced $2.55 million 0% market-linked notes due Dec. 31, 2014 linked to the performance of the Chinese renminbi relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency return is greater than zero, meaning the renminbi has strengthened relative to the dollar, the payout at maturity will be par plus 160% of the currency return. If the currency return is less than or equal to zero, the payout will be par.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes
Underlying currency:	Chinese renminbi relative to dollar
Amount:	$2,549,000
Maturity:	Dec. 31, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If currency return is greater than zero, par plus 160% of return; if currency return is less than or equal to zero, par
Initial exchange rate:	6.3230 renminbi per dollar
Pricing date:	June 25
Settlement date:	June 28
Agents:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	2.25%
Cusip:	06741TBL0

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