New Issue: Barclays sells $7.96 million 0% notes linked to BRIC currencies via UBS

By Susanna Moon

Chicago, Dec. 28 - Barclays Bank plc priced $7.96 million of 0% market-linked notes due Dec. 27, 2012 based on a basket of equally weighted currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying currencies are the Brazilian real, Russian ruble, Indian rupee and Chinese renminbi.

The payout at maturity will be par of $10 plus 2.34 times any basket gain.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes
Underlying currencies:	Brazilian real, Russian ruble, Indian rupee and Chinese renminbi, equally weighted
Amount:	$7,956,400
Maturity:	Dec. 27, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 234% of any basket gain; exposure to losses beyond 10%
Initial spot rates:	1.6984 for real, 30.6465 for ruble, 45.0200 for rupee and 6.6466 for renminbi
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Agents:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	2%
Cusip:	06740P676

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