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Published on 9/16/2013 in the Prospect News Structured Products Daily.

Barclays plans 6%-7% one-year callable yield notes tied to two indexes

By Susanna Moon

Chicago, Sept. 16 - Barclays Bank plc plans to price 6% to 7% callable yield notes due Sept. 17, 2014 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly, with the exact rate to be set at pricing.

The notes will be callable at par plus the contingent coupon on any interest payment beginning

The payout at maturity will be par unless either index finishes at or below its 65% knock-in level, in which case investors will be fully exposed to any losses of the worst performing index.

Barclays is the agent.

The notes will price on Sept. 17 and settle on Sept. 20.

The Cusip number is 06741TL54.


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