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Published on 7/17/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.5 million buffered Super Track notes linked to real estate ETF

By Marisa Wong

Madison, Wis., July 17 - Barclays Bank plc priced $1.5 million of 0% buffered Super Track notes due Oct. 18, 2013 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the exchange-traded fund's final share price is greater than the initial share price, the payout at maturity will be par plus double the fund return, subject to a maximum return of 21.14%. Investors will receive par if the ETF falls by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying ETF:iShares Dow Jones U.S. Real Estate index fund
Amount:$1.5 million
Maturity:Oct. 18, 2013
Coupon:0%
Price:Par
Payout at maturity:If fund return is positive, par plus double fund return, capped at 21.14%; par if fund declines by up to 10%; 1.1111% loss for every 1% drop beyond the 10% buffer
Initial share price:$65.21
Pricing date:July 13
Settlement date:July 18
Agent:Barclays Capital Inc.
Fees:0.25%
Cusip:06741TCS4

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