New Issue: Barclays prices $2.8 million 6% callable yield notes linked to Euro Stoxx, Russell

By Marisa Wong

Madison, Wis., Sept. 19 - Barclays Bank plc priced $2.8 million of 6% callable yield notes due Sept. 17, 2014 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any interest payment date beginning in March 2014.

A knock-in event will occur if either index falls below the knock0in barrier level, 65% of the initial level, on any day during the life of the notes.

The payout at maturity will be par unless a knock-in event has occurred and either index finishes below its initial level, in which case investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable yield notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$2,798,000
Maturity:	Sept. 17, 2014
Coupon:	6%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index falls below knock-in level during life of notes and either index finishes below initial level, in which case full exposure to decline of lesser-performing index
Call option:	At par on any interest payment date beginning in March 2014
Initial levels:	2,890.95 for Euro Stoxx 50, 1,066.39 for Russell
Knock-in barrier levels:	1,879.12 for Euro Stoxx 50, 693.15 for Russell, 65% of initial levels
Pricing date:	Sept. 17
Settlement date:	Sept. 20
Agent:	Barclays
Fees:	None
Cusip:	06741TL54

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