New Issue: Barclays prices $1.5 million principal-protected notes linked to commodities, index basket

By Angela McDaniels

Tacoma, Wash., Feb. 26 - Barclays Bank plc priced $1.5 million of zero-coupon 100% principal-protected notes due Nov. 26, 2013 linked to a basket of two commodities and four sub-indexes of the S&P GSCI Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes natural gas, West Texas Intermediate crude oil, the S&P GSCI Corn Excess Return index, the S&P GSCI Sugar Excess Return index, the S&P GSCI Cocoa Excess Return index and the S&P GSCI Coffee Excess Return index.

The payout at maturity will be par plus any basket gain. Investors will receive at least par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	100% principal-protected notes
Underlying basket:	Natural gas, West Texas Intermediate crude oil, S&P GSCI Corn Excess Return index, S&P GSCI Sugar Excess Return index, S&P GSCI Cocoa Excess Return index and S&P GSCI Coffee Excess Return index, equally weighted
Amount:	$1.5 million
Maturity:	Nov. 26, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; floor of par
Pricing date:	Feb. 22
Settlement date:	Feb. 27
Agent:	Barclays Capital Inc.
Fees:	3%

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