FRN Variable Rate Fix

FRN Variable Rate Fix 

    LONDON--(BUSINESS WIRE)--Sept. 10, 2003--

Issue Name:                 Barclays Bank Plc Series 127
                            US$ 750,000,000 Floating Rate Subordinated Notes
                            Due 2013
ISIN Code:                  XSO164254780
Interest Rate:              1.590000%
Base Rate:                  1.140000%              
Interest Period:            11-Sep-03 to 11-Dec-03
Day Count Method:           Actual/360
Number of Days in Period:   91
Payment Date:               11-Dec-03
Denomination:               Coupon
        1,000.00            USD         4.02
       10,000.00            USD        40.19
      100,000.00            USD       401.92

   Short Name: Barclays Bank PLC
   Category Code: RC
   Sequence Number: 00009595
   Time of Receipt (offset from UTC): 20030910T125731+0100