Terms and Conditions


The following are the terms on which you may use the Bondscape website (the "Site"). You should read this Disclaimer before using this Site. By using the Site and the information contained on, distributed through or linked, downloaded or accessed from the Site, you agree to the following limitations, which supplement the Client Access Agreement. Barclays Bank PLC reserves the right to amend this Disclaimer at any time. Your continued access to and use of the Site shall be deemed to constitute your acceptance of any such amendments.

EU Customers
Barclays complies with the Electronic Commerce Directive.

Regulator and Responsibility
The Site is a joint venture of ideas and technologies between the investment banking division of Barclays Bank PLC ("Barclays Capital") and Winterflood Securities Limited ("Winterflood"). This Site is maintained and operated by Barclays Bank PLC ("Barclays") and is made available to persons based in the United Kingdom by that company. Barclays Bank PLC and Winterflood are regulated by the Financial Services Authority ("FSA").

Accuracy of Information
This Site contains price information that is supplied by Barclays Capital, Winterflood and such other price providers regulated by the FSA that may agree to participate from time to time, (the "Price Providers"). The sole responsibility of each Price Provider in relation to the Site is the accuracy of any prices it may provide from time to time to Barclays Capital. In particular, Barclays Capital and Winterflood disclaim all responsibility and liability in respect of prices posted by the other or by any other Price Provider. Neither Barclays Capital nor any of the other Price Providers shall be or be deemed to be your financial advisor or agent. You acknowledge the risks associated with securities markets and transactions.

Neither Barclays Capital nor any of the Price Providers are or shall be responsible for any delays, interruptions, in or on the Site or omissions from the Site.

Provision of information
Users of the Site may be granted access to research information from the Price Providers and analytical information such as "heat maps" and "rich-cheap" analysis as well as further analytical information. This information is provided for information purposes only and is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The views reflected in an item of research are those of the Price Provider issuing or approving that item and are subject to change without notice. Each of the Price Providers is responsible only for those items of research that it has issued or approved expressly, and not for any other research or analytical information to which access is provided on or via the Site. Calculations and analytical information provided are indicative and the Price Providers do not represent that the information presented is accurate or complete. Any reliance that you place upon research or analytical information is at your own risk.

Certain Price Providers that grant access to research information may impose terms and conditions on access to, or the use of, that information. Your access to, and use of, that information is subject to those terms and conditions that are specified in this Disclaimer and/or elsewhere on the Site.

Access to Site
Access to this Site is restricted to authorised persons of clients of Barclays Capital or of other Price Providers that have executed the "Client Access Agreement". For further information regarding the Client Access Agreement please email xraEcommsalesassista@barclayscapital.com or call 08702 426637.

Disclosure of Interests
Barclays Capital and/or any other Price Provider and/or a Connected Party may, from time to time, maintain a long or short position in securities referred to on the Site or other securities of issuers referred to on the Site or in related derivatives including futures or options; purchase or sell, make a market in, or engage in any other transactions involving other securities or issuers; earn a brokerage or other compensation in respect of the foregoing; and provide investment banking, credit or other services to any issuer named on the Site. Barclays Capital and/or any other Price Provider and/or a Connected Party may have acted as manager or co-manager of an offering in the past three years of securities referred to on the Site. "Connected Party," means a member of a group of companies of which Barclays Capital, Winterflood or any other Price Provider is a member, or a director, officer, employee or secondee of Barclays Capital, Winterflood and/or any other Price Provider.

Email Communications
Please do not send confidential information over the Internet. Information is sent at your own risk. Internet communications may not be secure. Barclays Capital recommends that you do not send confidential information to us over the Internet unless it is sent by some secure method of transmission using appropriate encryption technology. Barclays Capital does not accept legal responsibility for any confidential information sent to us without using such security protection.

Links to Other Web Sites
Please note that Barclays Capital is not responsible for the accuracy or content of Web Sites of other providers or Price Providers that may have links from this Site. In creating hypertext links to any other Web Site, Barclays Capital is not recommending that Website or giving any assurances as to its standing.

If any part of this Disclaimer is determined to be invalid, superseded, illegal or unenforceable, either in whole or in part, then the validity, legality or enforceability of any of the remaining provisions or notices shall not be affected or impaired thereby in any way and shall continue in full force and effect.

Disclosure of Data to Price Providers
Barclays Capital may disclose your personal information to the Price Providers. By disclosing your personal information to Barclays Capital through using this Site, you are consenting to the disclosure of your personal information to Price Providers for their marketing or other commercial purposes.

Copyright
Copyright © Barclays Bank PLC, . Except as provided in the Client Access Agreement you may use information on the Site for your personal use only. You may reproduce this information in hard copy solely for your personal use. The information may not otherwise be reproduced, distributed or transmitted to any other person or incorporated in any way into another document or other material.

Ratings Information
Moody's © Copyright , Moody's Investors Service, Inc. ("Moody's"). Moody's ratings ("Ratings") are proprietary to Moody's and are protected by copyright and other intellectual property laws. Ratings are licensed to Bondscape by Moody's. RATINGS MAY NOT BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT.

Moody's ® is a registered trademark of Moody's Investors Service, Inc.

Ratings information provided by Standard and Poor's ("S&P") is and shall remain the valuable intellectual property of S&P and may not be copied or otherwise reproduced, or redistributed, in whole or in part, in any form or manner or by any means whatsoever, by any person without S&P's prior consent.