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Published on 7/18/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.58 million buffered Super Track notes tied to S&P 500

By Susanna Moon

Chicago, July 18 - Barclays Bank plc priced $1.58 million of 0% buffered Super Track notes due July 20, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.41 times any index gain.

Investors will receive par if the falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500
Amount:$1,579,000
Maturity:July 20, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 141% of any index gain; par if index falls by 20% or less; 1% loss per 1% decline beyond 20%
Initial level:1,353.64
Pricing date:July 16
Settlement date:July 19
Agent:Barclays Capital Inc.
Fees:3.25%
Cusip:06741TCX3

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