New Issue: Barclays prices $3.18 million digital notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 19 - Barclays Bank plc priced $3.18 million of 0% digital notes due March 20, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's final level is at least 80% of the initial index level, the payout at maturity will be par plus 11.25%. Otherwise, investors will be fully exposed to the index's decline.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$3.18 million
Maturity:	March 20, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index's final level is greater than or equal to knock-in barrier, par plus 11.25%; otherwise, full exposure to index's decline
Initial index level:	1,461.19
Knock-in barrier:	1,168.95, 80% of initial index level
Pricing date:	Sept. 17
Settlement date:	Sept. 20
Agent:	Barclays
Fees:	1.5%
Cusip:	06741TFZ5

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