New Issue: Barclays sells $3.35 million autocallable range accrual notes on iShares MSCI EM

By Susanna Moon

Chicago, Nov. 1 - Barclays Bank plc priced $3.35 million of autocallable range accrual notes due Oct. 30, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called if the fund closes above its initial price on any review date.

Interest will accrue at 7.5% for each day that the fund closes above the 80% trigger level. Interest will be payable quarterly.

The payout at maturity will be par.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Autocallable range accrual notes
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$3,351,000
Maturity:	Oct. 30, 2015
Coupon:	7.5% annualized for each day that fund closes above trigger level, payable quarterly
Price:	Par
Payout at maturity:	Par unless shares fall by more than 20%, in which case 1.25% loss per 1% drop beyond 20%
Call:	If fund closes above initial level on Jan. 27, 2014, April 28, 2014, July 28, 2014, Oct. 27, 2014, Jan. 26, 2015, April 27, 2015 and July 27, 2015
Initial level:	$41.24
Trigger level:	$32.99, 80% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	0.1%
Cusip:	06741TJR9

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