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Barclays redeems $5 million of callable CMS steepener notes due 2020
By Marisa Wong
Madison, Wis., July 25 - Barclays Bank plc said it redeemed its $5 million of outstanding callable CMS steepener notes due July 23, 2020 on July 25.
The notes (Cusip: 06740PBQ8) were redeemed at par plus accrued interest to the redemption date. The notes carried a coupon of 7% up to July 23.
The Bank of New York Mellon was the redemption agent.
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