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Published on 6/24/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $10.33 million 5.05% buffered Super Track notes on S&P 500, Russell

By Susanna Moon

Chicago, June 24 - Barclays Bank plc priced $10.33 million buffered Super Track notes due Dec. 24, 2014 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will have a coupon of 5.05%, payable quarterly.

The payout at maturity will be par unless the return of the lesser performing index is less than negative 15%, in which case investors will lose 1.1765% for every 1% that the lesser performing index declines beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying indexes:S&P 500 and Russell 2000
Amount:$10,326,000
Maturity:Dec. 24, 2014
Coupon:5.05%, payable quarterly
Price:Par
Payout at maturity:Par unless lesser performing index falls by more than 15%, in which case 1.1765% loss per 1% decline beyond 15%
Initial level:1,628.93 for S&P, 986.50 for Russell
Buffer amount:15%
Pricing date:June 19
Settlement date:June 24
Agent:Barclays
Fees:0.05%
Cusip:06741TXT9

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