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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 5/27/2011 in the Prospect News Structured Products Daily.

Barclays redeems $5.64 million step-up fixed-rate notes due 2025

By Marisa Wong

Madison, Wis., May 27 - Barclays Bank plc gave notice that it redeemed all $5,635,000 of its outstanding step-up fixed-rate notes due May 19, 2025 with an initial coupon of 4.625%.

The notes (Cusip: 06740LQN8) were redeemed on May 19 at par plus accrued interest to the redemption date.

The Bank of New York Mellon was the redemption agent.


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