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Published on 1/9/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.5 million 6.24% notes linked to Russell 2000, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Jan. 9 – Barclays Bank plc priced $1.5 million of 6.24% notes due Dec. 28, 2015 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless the return of the lowest-performing underlying component is less than negative 15%, in which case investors will lose 1.17647% for every 1% that the lowest-performing underlying component declines below 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying components:Russell 2000 index and iShares MSCI EAFE ETF
Amount:$1.5 million
Maturity:Dec. 28, 2015
Coupon:6.24%, payable monthly
Price:Par
Payout at maturity:Par unless return of lowest-performing underlying component is less than negative 15%, in which case 1.17647% loss for every 1% that lowest-performing underlying component declines below 15%
Initial levels:1,161.31 for index and $58.48 for ETF
Pricing date:Jan. 7
Settlement date:Jan. 12
Agent:Barclays
Fees:None
Cusip:06741UPD0

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