Barclays Bank announces full redemption of €1.5 billion floaters

By Ashley Montgomery

Kansas City, Kan., April 2 - Barclays Bank plc will redeem all of its outstanding €1.5 billion floating-rate subordinated step-up callable notes due 2017, according to a notice.

The notes will be redeemed May 30 at par plus accrued interest from Feb. 28 up to the redemption date.

The notes will be subsequently canceled.

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