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:            3.840000%
Base Rate:                3.390000%
Interest Period:          13-Jun-05 to 12-Sep-05
Day Count Method:         Actual/360
Number of Days in Period: 91
Payment Date:             12-Sep-05

Denomination:             Coupon:
----------------          ----------------
      1,000.00            USD         9.71
     10,000.00            USD        97.07
    100,000.00            USD       970.67