New Issue: Barclays sells $297,000 of 4.125% step-up fixed-rate notes due 2023

By Susanna Moon

Chicago, Dec. 8 - Barclays Bank plc priced $297,000 of step-up fixed-rate notes due Dec. 9, 2023, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon will be 4.125% for the first nine years, 4.5% for years 10 through 11, 4.75% for year 12 and 6% for year 13. Interest is payable semiannually.

The payout at maturity will be par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Step-up fixed-rate notes
Amount:	$297,000
Maturity:	Dec. 9, 2023
Coupon:	4.125% initially; 4.5% from Dec. 9, 2019; 4.75% from Dec. 9, 2021, 6% from Dec. 9, 2022
Price:	Par
Payout at maturity:	Par
Pricing date:	Dec. 6
Settlement date:	Dec. 9
Agent:	Barclays Capital Inc.
Fees:	1.55%
Cusip:	06738J3W2

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