FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue Name:                  Barclays Bank Plc Series 127
                             US$ 1,000,000,000 Floating Rate Subordinated Notes
                             Due 2013
ISIN Code:                   XS0164254780
Interest rate:               2.320000%
Base Rate:                   1.870000%
Interest Period:             13-Sep-04 to 13-Dec-04
Day Count Method:            Actual/360 
Number of Days in Period:    91
Payment Date:                13-Dec-04

Denomination:                Coupon:
----------------------       -----------------------------   
        100,000.00             USD            586.44
         10,000.00             USD             58.64
          1,000.00             USD              5.86