New Issue: Barclays prices $700,000 annual autocallable notes on iShares MSCI EM

By Jennifer Chiou

New York, Dec. 27 - Barclays Bank plc priced $700,000 of 0% annual autocallable notes due Dec. 17, 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 at par plus an annualized call return of 9.6% if the fund's shares close at or above the initial share price on any call date, which will fall in December of each year.

The payout at maturity will be par if the fund's final share price is at least 75% 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 fund:	iShares MSCI Emerging Markets index fund
Amount:	$700,000
Maturity:	Dec. 17, 2015
Coupon:	0%
Price:	Par
Call:	If fund finishes at or above initial price on any of three call valuation dates, par plus annualized call premium of 9.6%
Payout at maturity:	Par if fund finishes at or above 75% of initial price; otherwise, full exposure to decline in price from initial share price
Initial price:	$43.38
Barrier price:	$32.54, 75% of initial price
Pricing date:	Dec. 14
Settlement date:	Dec. 19
Agent:	Barclays
Fees:	2.5%
Cusip:	06741TLS4

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