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Published on 9/26/2012 in the Prospect News Structured Products Daily.

Barclays redeems $9.7 million of step-up fixed-rate notes due 2015

By Marisa Wong

Madison, Wis., Sept. 26 - Barclays Bank plc said it redeemed its $9,703,000 of outstanding step-up fixed-rate callable notes due Dec. 22, 2015.

The notes (Cusip: 06740PR24) were redeemed on Sept. 24 at par plus accrued interest to the redemption date. The interest rate in effect prior to redemption was 2%.


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