New Issue: Barclays prices $1.3 million 8.11% airbag yield autocallables linked to Jabil Circuit

By Toni Weeks

San Luis Obispo, Calif., March 12 - Barclays Bank plc priced $1.3 million of 8.11% airbag autocallable yield optimization notes due March 14, 2014 linked to the common stock of Jabil Circuit, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be automatically called at par plus the coupon if the stock closes at or above the initial share price on any quarterly observation date.

If the notes are not called, the payout at maturity will be par unless the final share price is less than the conversion price, in which case the payout will be a number of Jabil shares equal to $1,000 divided by the conversion price. The conversion price is 85% of the initial share price.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Airbag autocallable yield optimization notes
Underlying stock:	Jabil Circuit, Inc. (Symbol: JBL)
Amount:	$1,302,000
Maturity:	March 14, 2014
Coupon:	8.11%, payable monthly
Price:	Par
Payout at maturity:	Par unless final share price is less than conversion price, in which case 62.2665 Jabil shares
Call:	Automatically at par plus accrued interest if Jabil stock closes at or above initial share price on June 11, Sept. 11, Dec. 12, 2013 or March 10, 2014
Initial share price:	$18.89
Conversion price:	$16.06, 85% of initial share price
Pricing date:	March 8
Settlement date:	March 13
Agents:	UBS Financial Services Inc. and Barclays
Fees:	1.5%
Cusip:	06742C657

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