New Issue: Barclays prices $701,000 annual reset coupon buffered notes linked to Russell 2000

By Jennifer Chiou

New York, Feb. 28 - Barclays Bank plc priced $701,000 of annual reset coupon buffered notes due Feb. 28, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable annually and will equal 5.25% if the index's return for that year is positive or zero. Otherwise, the coupon will be 1.6% minimum coupon for that year. The index's return will be measured from its level a year earlier.

The payout at maturity will be par unless the final index level is less than 80% of the initial index level, in which case investors will lose 1% for every 1% that the index declines below the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual reset coupon buffered notes
Underlying index:	Russell 2000
Amount:	$701,000
Maturity:	Feb. 28, 2019
Coupon:	5.25% if year-over-year index return is positive or zero, otherwise 1.6%; payable annually
Price:	Par
Payout at maturity:	Par if final index level is at least 80% of initial level; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial index level:	1,181.72
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agent:	Barclays
Fees:	3.25%
Cusip:	06741T5K9

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