New Issue: Barclays prices $1 million contingent coupon callable notes on indexes

By Susanna Moon

Chicago, July 10 – Barclays Bank plc priced $1 million of contingent coupon callable notes due July 1, 2019 linked to the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon an annual rate of 10.2% if each index closes at or above its 75% coupon barrier on the observation date for that quarter.

The payout at maturity will be par unless either index finishes below its 75% barrier level, in which case investors will lose 1% for each 1% decline of the worse performing index.

The notes will be callable at par on any interest payment date.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Contingent coupon callable notes
Underlying indexes:	S&P 500 index, Russell 2000 index and Euro Stoxx 50 index
Amount:	$1 million
Maturity:	July 1, 2019
Coupon:	10.2% per year, payable quarterly, if each index at or above 75% coupon barrier on observation date for quarter
Price:	Par
Payout at maturity:	Par unless either index finishes below 75% barrier, in which case 1% loss for each 1% decline of worse performing index
Call option:	At par on any interest payment date
Initial levels:	2,438.30 for S&P, 3,543.68 for Stoxx and 1,414.778 for Russell
Barrier levels:	1,828.73 for S&P, 2,657.76 for Stoxx and 1,061.09 for Russell; 75% of initial levels
Pricing date:	June 23
Settlement date:	June 30
Agent:	Barclays
Fees:	1.5%
Cusip:	06741VZC9

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