New Issue: Barclays prices $19.54 million 0% Accelerated Return Notes linked to three stocks

By Jennifer Chiou

New York, July 1 - Barclays Bank plc priced $19,540,650 of 0% Accelerated Return Notes due Aug. 22, 2014 linked to a basket of three stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of Halliburton Co., Marathon Oil Corp. and Occidental Petroleum Corp.

The payout at maturity will be par of $10 plus triple any gain in the basket, subject to a maximum return of 21.3%. Investors will be fully exposed to any decline in the basket.

BofA Merrill Lynch will act as agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Halliburton Co. (NYSE: HAL), Marathon Oil Corp. (NYSE: MRO) and Occidental Petroleum Corp. (NYSE: OXY)
Amount:	$19,540,650
Maturity:	Aug. 22, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any gain in the basket, return capped at 21.3%; full exposure to any basket decline
Initial prices:	$41.84 for Halliburton, $35.12 for Marathon, $90.31 for Occidental
Pricing date:	June 27
Settlement date:	July 5
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06742D788

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