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Published on 6/29/2011 in the Prospect News Structured Products Daily.

Barclays redeems $14 million step-up fixed-rate notes due 2022

By Marisa Wong

Madison, Wis., June 29 - Barclays Bank plc said that it redeemed its $14 million of outstanding step-up fixed-rate callable notes due June 28, 2022 on Tuesday.

The notes (Cusip: 06740PAK2) were redeemed at par plus accrued interest to the redemption date.

The Bank of New York Mellon was the redemption agent.


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