New Issue: Barclays prices $81.05 million step-up notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 30 - Barclays Bank plc priced $81.05 million of 0% market-linked step-up notes due Sept. 25, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

BofA Merrill Lynch is the agent.

If the final index level is greater than the step-up value, 121.4% of the initial level, then the payout at maturity will be par of $10 plus the index return.

If the final index level is greater than or equal to the initial level but less than or equal to the step-up value, then the payout will be par plus 21.4%.

If the final index level is less than the initial index level, investors will have 1-to-1 exposure to the decline.

Issuer:	Barclays Bank plc
Issue:	Market-linked step-up notes
Underlying index:	Euro Stoxx 50
Amount:	$81,048,540
Maturity:	Sept. 25, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than step-up value, par plus index return; if final index level is greater than or equal to initial level but less than or equal to step-up value, par plus 21.4%; if final index level is less than initial index level, full exposure to index decline
Initial index level:	2,922.99
Step-up value:	3,548.51, 121.4% of initial index level
Pricing date:	Sept. 26
Settlement date:	Oct. 4
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06742D234

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