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Published on 4/9/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $6 million Super Track notes with 90% trigger on S&P 500

By Susanna Moon

Chicago, April 9 - Barclays Bank plc priced $6.01 million of 0% Super Track notes due Oct. 10, 2014 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 double any index gain, capped at 14.5%.

Investors will receive par if the index falls by up to 10% and will lose 1.11% for each 1% decline beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:S&P 500 index
Amount:$6,014,000
Maturity:Oct. 10, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 14.5%; par if index falls by up to 10%; 1.11% loss per 1% drop beyond 10%
Initial level:1,553.28
Pricing date:April 5
Settlement date:April 10
Agent:Barclays
Fees:0.05%
Cusip:06741TSK4

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