Obbligazione Barclay PLC 0% ( XS0316485720 ) in EUR

Barclay PLC

100 EUR ⇌

Regno Unito

XS0316485720 ( in EUR )

23/08/2017 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Barclays PLC XS0316485720 in EUR 0%, scaduta

Barclays PLC è una banca multinazionale britannica che offre una vasta gamma di servizi finanziari a clienti privati, aziende e istituzioni in tutto il mondo.

The Obbligazione issued by Barclay PLC ( United Kingdom ) , in EUR, with the ISIN code XS0316485720, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 23/08/2017

BASE PROSPECTUS

BARCLAYS BANK PLC
(Incorporated with limited liability in England and Wales)
BARCLAYS CAPITAL (CAYMAN) LIMITED
(Incorporated with limited liability in the Cayman Islands)
(Guaranteed by Barclays Bank PLC)
£60,000,000,000
STRUCTURED NOTE PROGRAMME
___________________________________________________________________________
Barclays Bank PLC (the "Bank" or the "Guarantor", as the case may be) and Barclays Capital (Cayman) Limited ("BCCL") (each in its
capacity as an issuer, an "Issuer" and together, the "Issuers") may from time to time issue notes and other similar instruments ("Notes") under
the programme described herein (the "Programme") denominated in such currencies as may be agreed or as may be otherwise designated by the
Issuer at the time of issue and on terms and conditions (the "Conditions") set out in this document (hereinafter referred to as the "Base
Prospectus") (as amended and supplemented from time to time), in the relevant final terms (each set, the "Final Terms") and any supplement to
the Base Prospectus or other document that may be required to be issued in connection with the listing of any Notes. Notes issued by BCCL will
be guaranteed by the Bank. The maximum aggregate nominal amount of all Notes to be issued from time to time outstanding will not exceed
£60,000,000,000 (or its equivalent in other currencies). Notes of any series (a "Series") will entitle the holder thereof to receive a cash amount
from the Issuer calculated in accordance with the relevant Conditions or, in the case of Equity Linked Notes, Equity Basket Notes or Credit
Linked Notes (each as defined in the Conditions) to receive at the option of the Issuer a specified security or securities or a combination of
securities and a cash amount (or vice versa, as the case may be), all as set out in the Conditions. The Issuers may issue Notes in bearer form
("Bearer Notes") or in registered form ("Registered Notes").
Each set of Final Terms will set out certain information with respect to Notes of the relevant Series, including the denomination of each Note, the
aggregate principal amount of the Notes being issued, the currency of the Notes, the designation, the aggregate number and type of Notes, the
date of issue, the issue price, the redemption amount, the redemption date or dates and such other terms applicable to the particular Series of
Notes as are specified therein (including any changes to the Conditions set out in this Base Prospectus).
This Base Prospectus is valid for one year from the date hereof and supersedes the Base Prospectus dated 16 December 2006 and all previous
documents relating to this Programme. Any Notes issued on or after the date of this Base Prospectus are subject to the provisions described
herein.
This Base Prospectus has been approved by the United Kingdom Financial Services Authority (the "FSA"), which is the United Kingdom
competent authority for the purposes of Directive 2003/71/EC (the "Prospectus Directive") and relevant implementing measures in the United
Kingdom as a base prospectus issued in compliance with the Prospectus Directive and relevant implementing measures in the United Kingdom
for the purpose of giving information with regard to the issue of Notes under the Programme issued within 12 months following the date of this
document. Applications have been made to admit such Notes and to listing on the Official List of the FSA (the "Official List") to trading on the
London Stock Exchange plc's (the "London Stock Exchange") gilt edged and fixed interest market securities. Application may be made to any
other stock exchange for a listing of a particular Series of Notes issued under the Programme (such other stock exchanges, together with the
London Stock Exchange, the "Relevant Stock Exchanges"). Certain Series of Notes may not be listed on any stock exchange. If any Series of
Notes are to be listed, the relevant Final Terms will specify on which exchange(s) such Notes will be listed. References in this Base Prospectus
to Notes being "listed" on the London Stock Exchange, shall mean that such Notes have been admitted to trading on such exchange's regulated
market and have been listed on such exchange. The London Stock Exchange's regulated market is a regulated market for the purposes of
Directive 2004/39/EC.
Any person (an "Investor") intending to acquire or acquiring any securities from any person (an "Offeror") should be aware that, in the context
of an offer to the public as defined in section 102B of FSMA, the Issuer may be responsible to the Investor for the Base Prospectus under section
90 of FSMA, only if the Issuer has authorised that Offeror to make the offer to the Investor. Each Investor should therefore enquire whether the
Offeror is so authorised by the Issuer. If the Offeror is not authorised by the Issuer, the Investor should check with the Offeror whether anyone is
responsible for the Base Prospectus for the purposes of section 90 of FSMA in the context of the offer to the public, and, if so, who that person
is. If the Investor is in any doubt about whether it can rely on the Base Prospectus and/or who is responsible for its contents, it should take legal
advice.
An Investor intending to acquire or acquiring any Notes from an Offeror will do so, and offers and sales of the Notes to an Investor by an Offeror
will be made, in accordance with any terms and other arrangements in place between such Offeror and such Investor including as to price,
allocations and settlement arrangements. The Issuer will not be a party to any such arrangements with Investors (other than dealers) in
connection with the offer or sale of the Notes and, accordingly, this Prospectus and any Final Terms will not contain such information and an
Investor must obtain such information from the Offeror.
The Notes and, in certain cases, the securities (if any) to be delivered when Notes are redeemed, have not been, and will not be, registered under
the US Securities Act of 1933, as amended (the "Securities Act"), and Bearer Notes are subject to US tax law requirements. Trading in the
Notes has not been approved by the US Commodity Futures Trading Commission under the US Commodity Exchange Act of 1936, as amended
(the "Commodity Exchange Act"). The Notes may not at any time be offered or sold in the United States or to US persons (as such terms are
used in Regulation S under the Securities Act), nor may any US persons at any time trade or maintain a position in such Notes unless the Notes
of the relevant Series are registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available.
Additionally, Bearer Notes may not be offered, sold or delivered within the United States or its possessions or to United States persons (as such
-

terms are used in the US Internal Revenue Code of 1986, as amended (the "Code"), and the regulations promulgated thereunder) except in
certain transactions permitted by US tax regulations.
Registered Notes of each Series which are sold in an "offshore transaction" within the meaning of Regulation S under the Securities Act will be
represented by interests in a global unrestricted certificate (a "Regulation S Global Note"), without interest coupons, which will be deposited
with, and registered in the name of, a nominee for a common depositary of Euroclear Bank S.A./N.V. as operator of the Euroclear Systems
("Euroclear"), and Clearstream Banking, société anonyme ("Clearstream Luxembourg") on its issue date. Beneficial interests in such global
certificates will be shown on, and transfers thereof will be recorded solely through, records maintained by, Euroclear or Clearstream,
Luxembourg.
Registered Notes of each Series sold to qualified institutional buyers within the meaning of Rule 144A under the Securities Act (which will at all
times be subject to the transfer restrictions set out herein), will initially be represented by a global restricted certificate (each a "DTC Restricted
Global Note") without interest coupons, which will be deposited with a custodian for, and registered in the name of a nominee of, The
Depository Trust Company ("DTC") on its issue date. Beneficial interests in a DTC Restricted Global Note will be shown on, and transfers
thereof will be recorded solely through, records maintained by DTC and its participants. Any Notes issued in the United States will be issued by
the Bank.
Application has been made for publication of quotations for Registered Notes in The PortalSM Market ("PORTAL"), a subsidiary of The Nasdaq
Stock Market, Inc. and may be made for designation of Registered Notes as "PORTAL Securities", as specified in the relevant Final Terms.
SEE "RISK FACTORS" FOR A DISCUSSION OF CERTAIN INFORMATION THAT SHOULD BE CONSIDERED BY
PROSPECTIVE INVESTORS IN NOTES. THIS BASE PROSPECTUS DOES NOT DESCRIBE ALL OF THE RISK FACTORS
RELATING TO AN INVESTMENT IN AN ISSUE OF NOTES, THE FINAL TERMS IN RESPECT OF AN ISSUE OF NOTES MAY
CONTAIN ADDITIONAL RISK FACTORS IN RESPECT OF SUCH NOTES.
Any invitation or inducement to engage in investment activity (within the meaning of section 21 of FSMA) communicated or caused to be
communicated in connection with the issue, placement or sale of the Notes may only be made in circumstances in which section 21(1) of the
FSMA does not (in the case of BCCL) or would not, if the Issuer were not an authorised person (in the case of the Bank), apply to the Issuer.

Barclays Capital
14 December 2007

- 2 - -

The Bank and BCCL accept responsibility for the information contained in this Base Prospectus. To the best of the
knowledge and belief of the Bank and BCCL (which have taken all reasonable care to ensure that such is the case),
the information contained in this Base Prospectus is in accordance with the facts and does not omit anything likely
to affect the import of such information.
References herein to the "Group" are to the Bank and its subsidiaries.
The applicable Final Terms will specify the nature of the responsibility taken by the Issuer for the information
relating to any underlying equity security, index, debt security, credit, currency exchange rate, commodity,
commodity index or other item(s) (each a "Reference Item") (if applicable) to which the relevant Notes relate and
which is contained in such Final Terms. However, unless otherwise expressly stated in a set of Final Terms, any
information contained therein relating to a Reference Item will only consist of extracts from, or summaries of,
information contained in financial and other information released publicly by the issuer, owner or sponsor, as the
case may be, of such Reference Item or which is otherwise publicly available. The Issuer will, unless otherwise
expressly stated in the applicable Final Terms, accept responsibility for accurately reproducing such extracts or
summaries (insofar as it is applicable), but the Issuer will not accept any further or other responsibility (express or
implied) in respect of such information.
Investors should conduct their own investigations into the relevant Reference Item and, in deciding whether to
purchase Notes, investors should form their own views of the merits of such an investment based upon such
investigations and not in reliance solely upon any information given in the Base Prospectus or any Final Terms.
If at any time after the preparation of this Base Prospectus (as amended, supplemented or modified) there is a
significant change affecting any matter contained in this Base Prospectus or a significant new matter arises which
would have been included if it had arisen when the Base Prospectus was prepared, the Issuer shall submit to the
United Kingdom Financial Services Authority for its approval and if approved, publish a supplementary prospectus
regarding the change or new matter. In any event, this Base Prospectus may be amended, supplemented or
modified at any time by the Issuers.
This Base Prospectus is to be read in conjunction with all documents which are deemed to be incorporated herein by
reference (see "Information Incorporated by Reference" on page 19) (provided, however, that, unless permitted to
do so by the rules of the Relevant Stock Exchange, such incorporated documents do not form part of the particulars
required by the Relevant Stock Exchange in connection with the listing of any Notes and/or Series of Notes).
The Bank and BCCL in their capacity as Issuers or any affiliates of either of them may hold, retain, buy or sell any
Reference Item and may hold, retain, buy or sell any Notes issued under the Programme and/or enter into
transactions relating thereto or derived therefrom, from time to time, in such amounts, with such purchasers and/or
counterparties and at such prices (including at different prices) and on such terms as any such entity may determine
as part of its business and/or any hedging transactions in connection with the arrangements described in this
document or otherwise. In addition the Issuers, the Guarantor (where the Notes are issued by BCCL), or any
affiliate of any of them may enter into arrangements with Underlying Companies and/or Reference Entities (as
defined in the terms of the relevant Notes) the effect or consequence of which may be to affect the price of
Underlying Securities, Reference Items and/or the Notes or which otherwise may have an effect on the relevant
Reference Item (as the case may be) and/or the Notes.
Neither the delivery of this Base Prospectus nor any sale of Notes pursuant hereto shall, in any circumstances,
create any impression that the information contained herein concerning the Bank and/or BCCL is correct at any
time subsequent to the date hereof or that any other information supplied in connection with the Programme is
correct as of any time subsequent to the date indicated in the document containing the same. Investors should
review, inter alia, the most recent consolidated financial statements, if any, and any public announcements, if any,
of the relevant Issuer and the Guarantor, if applicable, when deciding whether to purchase any Notes.
The distribution of this document and the offer of the Notes in certain jurisdictions may be restricted by law.
Persons into whose possession this document or any Final Terms comes are required by the Bank and BCCL to
inform themselves about and to observe any such restrictions. Details of selling restrictions for various jurisdictions
are set out in "Purchase and Sale -- Selling Restrictions". The information contained therein may be amended from
time to time by the relevant Final Terms.
BEARER NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT AND ARE SUBJECT TO US TAX LAW REQUIREMENTS. SUBJECT TO CERTAIN
EXCEPTIONS, BEARER NOTES MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE
UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, US PERSONS (SEE
"PURCHASE AND SALE").
THE REGISTERED NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR
- 3 - -

OTHER JURISDICTION OF THE UNITED STATES. SUBJECT TO CERTAIN EXCEPTIONS, THE
NOTES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE
ACCOUNT OR BENEFIT OF, US PERSONS (AS DEFINED IN REGULATION S UNDER THE
SECURITIES ACT ("REGULATION S")). THE NOTES ARE BEING OFFERED AND SOLD OUTSIDE
THE UNITED STATES TO NON-US PERSONS IN RELIANCE ON REGULATION S AND WITHIN THE
UNITED STATES TO "QUALIFIED INSTITUTIONAL BUYERS" IN RELIANCE ON RULE 144A
UNDER THE SECURITIES ACT ("RULE 144A"). PROSPECTIVE PURCHASERS ARE HEREBY
NOTIFIED THAT SELLERS OF NOTES MAY BE RELYING ON THE EXEMPTION FROM THE
PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A. THE BASE
PROSPECTUS HAS BEEN PREPARED BY THE ISSUER FOR USE IN CONNECTION WITH THE
OFFER AND SALE OF NOTES AND FOR THE LISTING OF NOTES ON THE RELEVANT STOCK
EXCHANGE(S).
EACH PURCHASER OF REGISTERED NOTES WILL BE DEEMED, BY ITS ACCEPTANCE OF
PURCHASE OF ANY SUCH REGISTERED NOTES, TO HAVE MADE CERTAIN REPRESENTATIONS
AND AGREEMENTS INTENDED TO RESTRICT THE RESALE OR OTHER TRANSFER OF SUCH
REGISTERED NOTES AS SET OUT IN "TRANSFER RESTRICTIONS FOR REGISTERED NOTES"
BELOW.
THE NOTES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE US SECURITIES AND
EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION IN THE UNITED STATES OR
ANY OTHER US REGULATORY AUTHORITY, AND NONE OF THE FOREGOING AUTHORITIES
HAS PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OF NOTES OR THE
ACCURACY OR THE ADEQUACY OF THE BASE PROSPECTUS. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.
NOTICE TO NEW HAMPSHIRE RESIDENTS
NEITHER THE FACT THAT A REGISTRATION STATEMENT OR AN APPLICATION FOR A
LICENSE HAS BEEN FILED UNDER CHAPTER 421-B OF THE NEW HAMPSHIRE REVISED
STATUTES WITH THE STATE OF NEW HAMPSHIRE NOR THE FACT THAT A SECURITY IS
EFFECTIVELY REGISTERED OR A PERSON IS LICENSED IN THE STATE OF NEW HAMPSHIRE
CONSTITUTES A FINDING BY THE SECRETARY OF STATE OF NEW HAMPSHIRE THAT ANY
DOCUMENT FILED UNDER RSA 421-B IS TRUE, COMPLETE AND NOT MISLEADING. NEITHER
ANY SUCH FACT NOR THE FACT THAT AN EXEMPTION OR EXCEPTION IS AVAILABLE FOR A
SECURITY OR A TRANSACTION MEANS THAT THE SECRETARY OF STATE HAS PASSED IN
ANY WAY UPON THE MERITS OR QUALIFICATIONS OF, OR RECOMMENDED OR GIVEN
APPROVAL TO, ANY PERSON, SECURITY OR TRANSACTION. IT IS UNLAWFUL TO MAKE, OR
CAUSE TO BE MADE, TO ANY PROSPECTIVE PURCHASER, CUSTOMER OR CLIENT ANY
REPRESENTATION INCONSISTENT WITH THE PROVISIONS OF THIS PARAGRAPH.
In connection with the issue and sale of Notes, no person has been authorised to give any information or to make
any representation not contained in or consistent with this Base Prospectus, any Final Terms or any other written
information supplied in connection with the Programme and, if given or made, such information or representation
must not be relied upon as having been authorised by the Bank or BCCL. Neither the Issuers nor the Guarantor
accepts responsibility for any information not contained herein or in any Final Terms. This document does not
constitute, and may not be used for the purposes of, an offer or solicitation by anyone in any jurisdiction in which
such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offering or
solicitation and no action is being taken to permit an offering of the Notes or the distribution of this Base Prospectus
in any jurisdiction where action is required.
In this Base Prospectus, references to "$", "US$" and "US dollars" are to United States dollars, references to
"sterling" and "£" are to pounds sterling and references to "Yen" and "¥" are to Japanese Yen. References to "euro"
and to "" are to the lawful currency of the member states of the European Union that have adopted or adopt the
single currency in accordance with the Treaty establishing the European Community as amended from time to time.
Prospective purchasers of the Notes should ensure that they understand the nature of the Notes and the
extent of their exposure to risk and that they consider the suitability of the Notes as an investment in the light
of their own circumstances and financial condition. See also the section "Risk Factors" starting on page 10.
In connection with the issue and distribution of any Series of Notes, the dealer or dealers (if any) named as
the Stabilising Manager(s) (the ``Stabilising Manager(s)'') (or persons acting on behalf of any Stabilising
Manager(s)) in the relevant Final Terms may overallot Notes or effect transactions with a view to supporting
the price of the Notes at a level higher than that which might otherwise prevail. However, there is no
assurance that the Stabilising Manager(s) (or persons acting on behalf of a Stabilising Manager) will
undertake stabilisation action. Any stabilisation action may begin at any time on or after the date on which
- 4 - -

adequate public disclosure of the final terms of the offer of the relevant Tranche of Notes and, if begun, may
be ended at any time, but it must end no later than the earlier of 30 days after the issue date of the relevant
Tranche of Notes and 60 days after the date of the allotment of the relevant Tranche of Notes. Any
stabilisation action or over-allotment must be conducted by the relevant Stabilising Manager(s) (or person(s)
acting on behalf of any Stabilising Manager(s)) in accordance with all applicable laws and rules.

- 5 - -

TABLE OF CONTENTS

Page
SUMMARY.............................................................................................................. - 7 -
RISK FACTORS .................................................................................................... - 11 -
INFORMATION RELATING TO THE BANK .................................................... - 21 -
INFORMATION RELATING TO BCCL.............................................................. - 26 -
FORM OF THE NOTES ........................................................................................ - 28 -
PRO FORMA FINAL TERMS FOR STRUCTURED NOTES ............................ - 30 -
TERMS AND CONDITIONS OF THE NOTES ................................................... - 49 -
BOOK-ENTRY PROCEDURES FOR DTC RESTRICTED GLOBAL NOTES - 107 -
USE OF PROCEEDS ........................................................................................... - 109 -
TAXATION.......................................................................................................... - 110 -
PURCHASE AND SALE ..................................................................................... - 117 -
TRANSFER RESTRICTIONS FOR REGISTERED NOTES............................. - 124 -
GENERAL INFORMATION............................................................................... - 126 -
ANNEX A FINNISH NOTES .............................................................................. - 129 -
ANNEX B SWEDISH NOTES ............................................................................ - 135 -
ANNEX C NORWEGIAN NOTES ..................................................................... - 140 -
ANNEX D SPANISH NOTES ............................................................................. - 147 -

- 6 - -

SUMMARY
This summary has been prepared in accordance with Article 5(2) of the Prospectus Directive (Directive
2003/71/EC) (the "Prospectus Directive") and must be read as an introduction to the Base Prospectus relating to
the Notes referred to below. This summary relates only to Notes with a denomination of less than EUR50,000. Any
decision to invest in Notes should be based on a consideration of the relevant Base Prospectus as a whole,
including the documents incorporated by reference.

Following implementation of the relevant provisions of the Prospectus Directive in a Member State of the European
Economic Area, no civil liability in such Member State will attach to the Issuer or the Guarantor (as applicable)
solely on the basis of the summary, including any translation thereof, unless it is misleading, inaccurate or
inconsistent when read together with the other parts of the relevant Base Prospectus. Where a claim relating to the
information contained in the relevant Base Prospectus is brought before a court in a Member State of the European
Economic Area, the plaintiff may, under the national legislation of the Member State where the claim is brought, be
required to bear the costs of translating the relevant Base Prospectus before the legal proceedings are initiated.

Words and expressions defined under the section "Terms and Conditions of the Notes" have the same meanings in
this summary.

GENERAL DESCRIPTION OF THE ISSUERS
Barclays Bank PLC (the "Bank") is a public limited company registered in England and Wales under number
1026167. The liability of the members of Barclays Bank PLC is limited. It has its registered head office at 1
Churchill Place, London, E14 5HP. Barclays Bank PLC was incorporated on 7 August 1925 under the Colonial
Bank Act 1925 and on 4 October 1971 was registered as a company limited by shares under the Companies Act
1948 to 1967. Pursuant to The Barclays Bank Act 1984, on 1 January 1985, Barclays Bank was re-registered as a
public limited company and its name was changed from "Barclays Bank International Limited" to "Barclays Bank
PLC".
Barclays Bank PLC and its subsidiary undertakings (taken together, the "Group") is a major global financial
services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management
and investment management services. The whole of the issued ordinary share capital of Barclays Bank PLC is
beneficially owned by Barclays PLC, which is the ultimate holding company of the Group and one of the largest
financial services companies in the world by market capitalisation.
The short term unsecured obligations of Barclays Bank PLC are rated A-1+ by Standard & Poor's, P-1 by Moody's,
F1+ by Fitch Ratings Limited and R-1 (high) by DBRS and the long-term obligations of Barclays Bank PLC are
rated AA by Standard & Poor's, Aa1 by Moody's and AA+ by Fitch Ratings Limited.
Based on the Group's unaudited financial information for the period ended 30 June 2007, the Group had total assets
of £1,158,539 million (June 2006: £986,375 million), total net loans and advances1 of £364,434 million (June 2006:
£317,427 million), total deposits2 of £380,079 million (June 2006: £339,421 million), and total shareholders' equity
of £28,789 million (June 2006: £25,790 million) (including minority interests of £1,810 million (June 2006: £1,608
million)). The profit before tax of the Group for the period ended 30 June 2007 was £4,128 million (June 2006:
£3,700 million) after impairment charges on loans and advances and other credit provisions of £959 million (June
2006: £1,057 million). The financial information in this paragraph is extracted from the unaudited Results
Announcement of the Group for the half year ended 30 June 2007.
Barclays Capital (Cayman) Limited ("BCCL") was incorporated in the Cayman Islands on 24 July 1989 for an
unlimited duration and registered on 26 July 1989. BCCL operates under Cayman Islands law with limited liability.
BCCL's registered office is at the offices of Barclays Private Bank & Trust (Cayman) Limited, PO Box 487, Grand
Cayman, Cayman Islands, West Indies. Its registration number is 329680. BCCL is a wholly-owned direct
subsidiary of the Bank.
BCCL was established for the purpose of issuing notes, warrants and buying and selling options. It is the policy of
the Directors to hedge fully the liabilities of BCCL arising under notes and warrants issued by BCCL.
BCCL is resident for tax purposes in the United Kingdom.

1 Total net loans and advances include balances relating to both bank and customer accounts.
2 Total deposits include deposits from bank and customer accounts.
- 7 - -

GENERAL DESCRIPTION OF THE PROGRAMME
Under the Programme, the Bank or BCCL may, subject to compliance with all applicable laws, regulations and
directives, from time to time, issue Notes (denominated in such currencies as may be specified in the applicable
Final Terms) pursuant to a master agency agreement dated on or about 14 December 2007 (as amended and
supplemented from time to time) among the Issuers, The Bank of New York (formerly known as JPMorgan Chase
Bank, N.A.) (as "Issue and Paying Agent", as "Registrar" and as "Transfer Agent"), the Bank and Barclays Capital
Securities Limited (each as "Determination Agent"), The Bank of New York (formerly known as JPMorgan Chase
Bank, N.A.) as New York agent (as "New York Agent") and the Guarantor, (the "Master Agency Agreement"). A
summary of the Programme and of the types of Notes appears under the heading "Summary of the Programme and
the Notes" immediately below.
The applicable terms of any Notes are set out in the Conditions, as modified and supplemented by the applicable
Final Terms with respect to each Series of Notes and incorporated into the relevant Temporary Global Note,
Permanent Global Note (each a "Global Note") or definitive Note, as the case may be. Each such Final Terms will
be delivered to the Issue and Paying Agent on or prior to the date of issue of such Series of Notes and will also be
delivered to the Relevant Stock Exchange if the particular Series is listed. This Base Prospectus and any Final
Terms will only be valid for issuing and, if applicable, listing Notes on the London Stock Exchange and/or any
other stock exchange in respect of which a particular Series of Notes is to be listed, in an aggregate nominal amount
which, when added to the aggregate nominal amount then outstanding of all Notes previously or simultaneously
issued under the Programme (excluding for this purpose Notes due to be redeemed on the relevant day of
calculation), does not exceed £60,000,000,000 or its equivalent in other currencies.
The following are the principal documents entered into in connection with the establishment of the Programme and
the issue of Notes under it:
1.
the Master Agency Agreement, which sets the method of appointment and the obligations and duties of the
Issue and Paying Agent, the Paying Agents, the Registrar, the Transfer Agents, the Determination Agent
and the procedures for the issue of Notes (including Global Notes and definitive Notes);
2.
the Master Subscription Agreement, which sets out details and procedures for the subscription of each
issue of Notes under the Programme;
3.
the Guarantee, pursuant to which the Guarantor has agreed to guarantee the payment obligations of BCCL
in respect of any of the Notes issued by it under the Programme; and
4.
the Deed of Covenant, which gives the Noteholders certain direct rights against the Issuers in certain
limited circumstances, as set out under "Form of the Notes" below.
Copies of all such documents are available as described in "General Information -- Documents Available for
Inspection" below, and Noteholders are entitled to the benefit of, are bound by and are deemed to have notice of, all
the provisions of such documents and the applicable Final Terms.

THE PROGRAMME AND THE NOTES
Issuers:
Barclays Bank PLC or
Barclays Capital (Cayman) Limited (under the guarantee of the Bank)
Guarantor:
Barclays Bank PLC in respect of issues of Notes by BCCL
Managers:
Barclays Bank PLC and any other Manager specified in the relevant Final
Terms
Issue and Paying Agent /
The Bank of New York
Registrar and Transfer
Agent:
Determination Agent:
Barclays Capital Securities Limited and/or Barclays Bank PLC (and any other
Determination Agent) as specified in the relevant Final Terms
New York Agent:
The Bank of New York
- 8 - -

Size:
Up to £60,000,000,000 (or its equivalent in other currencies calculated as
described herein) outstanding at any time.
Listing:
Notes issued pursuant to the Programme may be listed on the London Stock
Exchange and/or any other recognised stock exchange. The Final Terms
relating to each Series will state on what stock exchange(s) the Notes are to be
listed, if any. Certain Series of Notes may be unlisted.
Issue Price:
Notes may be issued on a fully paid or a partly paid basis and at an issue price
which is at par or at a discount to, or premium over, par.
Maturities:
Any maturity will be subject to compliance with all applicable legal and/or
regulatory and/or central bank requirements.
Governing Law:
English Law

The types of Notes that may be issued under the Programme will include the following:
(i)
Equity Linked Notes, being notes in respect of an equity security;
(ii)
Single Index Notes, being notes relating to a particular index;
(iii)
Equity Basket Notes, being notes in respect of a basket of equity securities;
(iv)
Basket of Indices Notes, being notes in respect of a basket of indices;
(v)
Currency Linked Notes, being notes relating to a particular currency or currency pair;
(vi)
Credit Linked Notes, being notes relating to the credit of a Reference Entity or Entities, or a Reference
Obligation or a basket of Reference Obligations; and
(vii)
Commodity Linked Notes, being notes relating to a particular commodity or commodities or, a particular
index or indices comprising various commodities.
Other types of Notes may from time to time be issued under the Programme. Any such other Notes will be
designated "Non-Standard Notes", and the Final Terms pertaining to the issue of any such Non-Standard Notes will
specify all the terms and conditions applicable thereto, which may or may not include certain or all of the terms and
conditions set out in the Conditions contained herein.
SUMMARY OF RISK FACTORS UNDER THE PROGRAMME
There are certain factors that may affect each Issuer's ability to fulfil its obligations under the Notes issued under
the Programme. These are set out under "Risk Factors" below, and any decision to invest in Notes should be based
on a consideration of the relevant Risk Factors as a whole. Such factors include alterations to business conditions
and the general economy, certain credit, market, capital, liquidity, operational, hedging strategy, insurance, legal
and tax risks, risks relating to the financial services industry, the impact of strategic decisions taken by the Group,
the impact of external factors on the Group and peer group, regulatory compliance risk, the effect of a credit rating
reduction, exposure to an underlying asset or basis of reference, factors affecting the value and trading price of
Notes, certain considerations regarding interest rate, corporate, market, foreign exchange, time value and/or
political risks, as well as other risks arising from fluctuations in the values of the relevant securities (or basket of
securities), index (or basket of indices), commodity (or commodity index) or other Reference Item(s) and general
risks applicable to the stock market (or markets) and capital markets.
Additional risks in relation to the Notes may include restrictions on transfer of the Notes, options to vary settlement,
market disruption, settlement disruption, expenses and taxation, illegality, change of law, potential conflicts of
interest of the Issuer and its affiliates which may influence the prices of any underlying equity security, index, debt
security, credit, currency exchange rate, commodity, commodity index or other item(s) and could adversely affect
the value of the Notes, the risk that Noteholders may lose the value of their entire investment or part of it, the risk
that the interim value of the Notes may vary with the price and/or level of the Reference Item, the adverse effect on
the Noteholders' investment of termination of certain hedging arrangement in respect of the Securities, limited
recourse under a Note to any Reference Item, restrictions or limits on the number, timing and manner in which
Notes can be redeemed, the adverse effect of any time lag after redemption, the adverse effect on the Noteholders'
investment of termination of the Notes in the event of Unlawfulness or Impracticability, possible illiquidity of the
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Certificates in the secondary market and the adverse effect of exchange rate rises and exchange controls. In
addition, the amount paid by the Issuer on redemption of the Notes may be less than the principal amount of the
Notes and may in certain circumstances be zero.

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