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Published on 11/22/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $994,000 annual autocallable notes linked to Euro Stoxx 50, FTSE 100

By Angela McDaniels

Tacoma, Wash., Nov. 22 - Barclays Bank plc priced $994,000 of 0% annual autocallable notes due Nov. 25, 2016 linked to the lesser performing of the Euro Stoxx 50 index and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 10.2% per year if each index closes at or above its initial index level on any annual call valuation date.

If the notes are not called and the final level of the lesser-performing index is at least 65% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final level of the lesser-performing index is less than its initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Annual autocallable notes
Underlying indexes:Euro Stoxx 50 and FTSE 100
Amount:$994,000
Maturity:Nov. 25, 2016
Coupon:0%
Price:Par
Call:Par plus call premium of 10.2% per year if both indexes close at or above initial levels on Nov. 26, 2014, Nov. 20, 2015 or Nov. 21, 2016
Payout at maturity:Par if final level of lesser-performing index is greater than or equal to barrier level; otherwise, full exposure to decline of lesser-performing index
Initial index levels:3,047.32 for Euro Stoxx 50 and 6,681.08 for FTSE 100
Barrier levels:1,980.76 for Euro Stoxx 50 and 4,342.70 for FTSE 100, or 65% of initial levels
Pricing date:Nov. 20
Settlement date:Nov. 25
Agent:Barclays
Fees:2.25%
Cusip:06741TY84

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