New Issue: Barclays prices $1.05 million annual autocallable notes linked to Vanguard FTSE EM

By Toni Weeks

San Luis Obispo, Calif., Jan. 30 - Barclays Bank plc priced $1.05 million of 0% annual autocallable notes due Jan. 31, 2017 linked to the Vanguard FTSE Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call return of 10.75% if the fund's shares close at or above the initial share price on any call date, which will fall in January or February of each year.

The payout at maturity will be par if the fund's final share price is at least 80% of the initial share price. Otherwise, investors will be exposed to the decline from the initial share price to the final share price.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying ETF:	Vanguard FTSE Emerging Markets ETF
Amount:	$1,051,000
Maturity:	Jan. 31, 2017
Coupon:	0%
Price:	Par
Call:	Par plus call premium of 10.75% per year if fund's shares close at or above initial share price on any annual call date; first call date is Feb. 2, 2015
Payout at maturity:	Par if final share price is at least 80% of initial price; otherwise, full exposure to losses from initial price
Initial price:	$37.96
Barrier level:	$30.37, 80% of initial price
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Barclays
Fees:	2.5%
Cusip:	06741J5X3

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