New Issue: Barclays prices $2.13 million two-year notes on Brent crude futures

By Jennifer Chiou

New York, April 9 - Barclays Bank plc priced $2,125,000 of 0% notes due April 10, 2014 linked to Brent crude futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.

If the settlement price of Brent crude is at or greater than the barrier - 80% of the initial price - on the final valuation date, the payout at maturity will be par plus the 22.4% digital percentage.

Otherwise, investors will share in any losses.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying component:	Brent crude futures contracts
Amount:	$2,125,000
Maturity:	April 10, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If price is at or greater than the barrier, par plus the 22.4% digital percentage; otherwise, investors share in losses
Initial price:	$123.43/barrel
Barrier level:	$98.74, 80% of initial price
Pricing date:	April 5
Settlement date:	April 11
Agent:	Barclays Capital Inc.
Fees:	1.75%
Cusip:	06738K2F7

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