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Barclays redeems $8.4 million of step-up fixed-rate notes due 2020
By Marisa Wong
Madison, Wis., Feb. 22 - Barclays Bank plc said it redeemed all $8,396,000 of its outstanding step-up fixed-rate callable notes due Aug. 19, 2020.
The notes (Cusip: 06740PHN9) were redeemed on Feb. 21 at par plus accrued interest. At the time of redemption, the coupon was 4%.
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