New Issue: Barclays sells $2.59 million annual autocallables due 2016 tied to two iShares ETFs

By Marisa Wong

Madison, Wis., Feb. 28 - Barclays Bank plc priced $2.59 million of 0% annual autocallable notes due March 1, 2016 linked to the iShares MSCI EAFE exchange-traded fund and the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized premium of 11.65% if each fund closes at or above its initial level on any annual call date.

If the notes are not called and the lesser performing fund finishes at or above the 75% barrier level, the payout at maturity will be par. Otherwise, investors will receive par plus the return of the lesser performing fund with full exposure to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying ETFs:	iShares MSCI EAFE exchange-traded fund and iShares MSCI Emerging Markets index fund
Amount:	$2,586,000
Maturity:	March 1, 2016
Coupon:	0%
Price:	Par
Call:	Par plus annualized call premium of 11.65% if funds close at or above initial levels on March 3, 2014, Feb. 25, 2015 or Feb. 25, 2016
Payout at maturity:	Par if final level of the lesser performing fund is at or above barrier level; otherwise, full exposure to decline
Initial prices:	$57.09 for EAFE; $42.70 for EM
Barrier prices:	$42.82 for EAFE and $32.03 for EM, 75% of initial prices
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Barclays
Fees:	2.75%
Cusip:	06741TNM5

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