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Published on 9/27/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2 million buffered Super Track notes tied to S&P 500

By Jennifer Chiou

New York, Sept. 27 - Barclays Bank plc priced $2 million of 0% buffered Super Track digital notes due Sept. 30, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is flat or positive, the payout at maturity will be par plus the 10.5% digital percentage.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the 20% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track digital notes
Underlying index:S&P 500
Amount:$2 million
Maturity:Sept. 30, 2014
Coupon:0%
Price:Par
Payout at maturity:If index return is flat or positive, par plus 10.5%; par if index stays flat or declines by up to 20%; exposure to losses beyond 20%
Initial level:1,433.32
Pricing date:Sept. 26
Settlement date:Sept. 28
Agent:Barclays
Fees:2.45%
Cusip:06741TFT9

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