New Issue: Barclays prices $12.16 million autocallable optimization securities tied to Russell 2000

By Jennifer Chiou

New York, Nov. 23 - Barclays Bank plc priced $12.16 million of 0% autocallable optimization securities with contingent protection due Nov. 25, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial level on any of the quarterly observation dates, the notes will be called at par of $10 plus an annualized call premium of 10.66%.

The payout at maturity will be par if the index finishes at or above 50% of the initial level. Otherwise, investors will be exposed to any losses.

UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.

Issuer:	Barclays Bank plc
Issue:	Autocallable optimization securities with contingent protection
Underlying index:	Russell 2000
Amount:	$12,164,780
Maturity:	Nov. 25, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index finishes at or above trigger price, par; otherwise, par plus return
Call:	At par plus annualized call premium of 10.66% if index closes at or above initial price on any of the quarterly observation dates
Initial level:	724.36
Trigger level:	362.18, 50% of initial level
Pricing date:	Nov. 19
Settlement date:	Nov. 24
Underwriters:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	2.5%
Cusip:	06740P783

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