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Published on 3/25/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.19 million callable contingent payment notes linked to three indexes

By Susanna Moon

Chicago, March 25 - Barclays Bank plc priced $5.19 million of callable contingent payment notes due June 25, 2015 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly payment at an annual rate of 9% if each index closes at or above its barrier level, 75% of its initial level, on the valuation date for that quarter.

The payout at maturity will be par unless any index finishes below its barrier level, in which case investors will be fully exposed to any losses of the worst performing index.

The notes are callable at par on any quarterly contingent payment date.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Callable contingent payment notes
Underlying indexes:S&P 500, Russell 2000 and Euro Stoxx 50
Amount:$5,188,000
Maturity:June 25, 2015
Coupon:9% per year, payable quarterly if lowest-performing index closes at or above barrier level on valuation date for that quarter
Price:Par
Payout at maturity:Par unless any index falls below barrier level, in which case full exposure to losses of worst performing index
Call option:At par on any quarterly contingent payment date
Initial index levels:1,872.01 for S&P, 1,198.97 for Russell and 3,088.90 for Euro Stoxx
Barrier levels:1,404.01for S&P, 899.23 for Russell and 2,316.68 for Euro Stoxx; 75% of initial levels
Pricing date:March 20
Settlement date:March 25
Agent:Barclays
Fees:1.25%
Cusip:06741UAJ3

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