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Published on 1/31/2011 in the Prospect News Structured Products Daily.

Barclays redeems $9.92 million autocallable notes tied to MasterCard

By Melissa Kory

Cleveland, Jan. 31 - Barclays Bank plc said it redeemed its $9,919,910 of variable-rate autocallable optimization securities with contingent protection due Jan. 6, 2012 linked to the common stock of MasterCard, Inc.

The notes were redeemed on Jan. 31 at 101.46% plus accrued interest to the redemption date.

Bank of New York Mellon was the redemption agent.

Barclays is a financial services provider based in London.


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