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Published on 6/21/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $9.04 million buffered Super Track notes linked to ETF, S&P 500

By Angela McDaniels

Tacoma, Wash., June 21 - Barclays Bank plc priced $9.04 million of 0% buffered Super Track notes due June 22, 2015 linked to an equity basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 65% weight and the iShares MSCI EAFE index fund with a 35% weight.

The payout at maturity will be par plus 140% of any increase in the basket. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying basket:S&P 500 index (65% weight) and iShares MSCI EAFE index fund (35% weight)
Amount:$9,036,000
Maturity:June 22, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 140% of any basket gain; par if basket falls by 10% or less; 1% loss for every 1% that basket declines beyond 10%
Initial levels:1,271.5 for index and $58.68 for ETF
Pricing date:June 17
Settlement date:June 22
Agent:Barclays Capital Inc.
Fees:0.75%
Cusip:06738KTT8

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