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Published on 5/31/2011 in the Prospect News Structured Products Daily.

Barclays calls $15.51 million step-up notes due 2025 for redemption

By Susanna Moon

Chicago, May 31 - Barclays Bank plc will redeem its $15,508,000 principal amount of step-up fixed-rate callable notes due May 28, 2025 at par on May 31.

The London-based bank also will pay accrued interest to the redemption date, according to the call notice.

The notes (Cusip: 06740LL86) were originally issued on May 28, 2010.

The Bank of New York Mellon is trustee and agent.


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