New Issue: Barclays prices $7.42 million Accelerated Return Notes linked to index basket

By Wendy Van Sickle

Columbus, Ohio, Feb. 1 – Barclays Bank plc priced $7.42 million of 0% Accelerated Return Notes due March 31, 2017 linked to a basket of six indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the Euro Stoxx 50 index with a 40% initial weight, the Nikkei Stock Average index with a 20% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 16.8%.

Investors will be exposed to any losses.

Merrill Lynch & Co. is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying indexes:	Euro Stoxx 50 with a 40% weight, Nikkei Stock Average with a 20% weight, FTSE 100 with a 20% weight, Swiss Market with a 7.5% weight, S&P/ASX 200 with a 7.5% weight and Hang Seng with a 5% weight
Amount:	$7,417,380
Maturity:	March 31, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, subject to 16.8% maximum return; exposure to any index decline
Initial levels:	2,979.42 for Euro Stoxx; 17,041.45 for Nikkei; 5,931.78 for FTSE; 8,153.27 for Swiss Market; 4,976.164 for S&P/ASX; 19,195.83 for Hang Seng
Pricing date:	Jan. 28
Settlement date:	Feb. 4
Underwriters:	Merrill Lynch & Co.
Fees:	2%
Cusip:	06743T451

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