New Issue: Barclays prices $2 million buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 9 - Barclays Bank plc priced $2 million of 0% buffered notes due Sept. 11, 2015 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 any gain in the index, up to a maximum payment of $1,116.20 for each $1,000 principal amount. Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% that it declines beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered notes
Underlying index:	S&P 500
Amount:	$2 million
Maturity:	Sept. 11, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to 11.62% maximum return; par if index falls by up to 20%; 1.25% loss for each 1% that index declines beyond 20%
Initial index level:	1,655.08
Pricing date:	Sept. 5
Settlement date:	Sept. 12
Underwriter:	Barclays
Fees:	1.75%
Cusip:	06741TG50

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