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Published on 6/29/2012 in the Prospect News Structured Products Daily.

Barclays redeems $4.34 million step-up fixed-rate notes due 2016

By Marisa Wong

Madison, Wis., June 29 - Barclays Bank plc said it redeemed its $4.34 million of outstanding step-up fixed-rate callable notes due Dec. 23, 2016 in full on June 25.

The notes (Cusip: 06740PYD2) were redeemed at par plus accrued interest. The interest rate in effect prior to redemption was 3.05%.


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