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Published on 10/10/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $18.92 million buffered Super Track notes on S&P 500

By Toni Weeks

San Luis Obispo, Calif., Oct. 10 - Barclays Bank plc priced $18.92 million of 0% buffered Super Track notes due Feb. 13, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 123% of the index return.

Investors will receive par if the index falls by up to 25% and will lose 1.33333% for each 1% index decline beyond the 25% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500 index
Amount:$18.92 million
Maturity:Feb. 13, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.23 times the index return; par if index stays flat or declines by up to 25%; 1.33333% loss for each 1% index decline beyond 25%
Initial level:1,655.45
Pricing date:Oct. 8
Settlement date:Oct. 11
Agent:Barclays
Fees:None
Cusip:06741TL47

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