FRN Variable Rate Fix

Barclays Bank PLC
                  

                            RATE FIX NOTICE

Issue Name:                Barclays Bank Plc Series 127
                           US$1,000,000,000 Floating Rate Subordinated Notes 
                           Due 2013
ISIN Code:                 XS0164254780
Interest Rate:             1.877500%
Base Rate:                 1.427500%
Interest Period:           11-Jun-04 to 13-Sep-04
Day Count Method:          Actual/360 
Number of Days in Period:  94
Payment Date:              13-Sep-04
Denomination:              Coupon:
100,000.00                 USD 490.24
 10,000.00                 USD  49.02
  1,000.00                 USD   4.90