Barclays Bank Sells 480 Million Rand of Discount Uridashi Notes

Dec. 13 (Bloomberg) -- The following uridashi bond went on sale. Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.

Issuer: Barclays Bank Plc. Amount: 480 million South African Rand Coupon: 0.50 percent of face value Issue Price: 64.10 percent of face value Duration: 6 years Sales period: Dec. 15 - Dec. 28 Settlement date: Dec. 29, 2011 Maturity: June 25, 2018 Uridashi Manager: SMBC Friend Securities Co.

To contact the reporter on this story: Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net