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Published on 1/12/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2 million capped return enhanced notes on Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 12 – Barclays Bank plc priced $2 million of 0% capped return enhanced notes due Jan. 24, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 21%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:Barclays Bank plc
Issue:Capped return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$2 million
Maturity:Jan. 24, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 21%; exposure to any losses
Initial level:3,084.68
Pricing date:Jan. 7
Settlement date:Jan. 12
Agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:1%
Cusip:06741U3F9

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