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Published on 12/1/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.36 million trigger autocallables on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Dec. 1 – Barclays Bank plc priced $6.36 million of 0% trigger autocallable optimization securities due Nov. 29, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial level on any quarterly observation date after one year, the notes will be called at par plus an annualized call return of 8%.

If the notes are not called and the final index level is greater than or equal to 66% of the initial level, the payout at maturity will be par. Otherwise, investors will share fully in losses.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Trigger autocallable optimization securities
Underlying index:Euro Stoxx 50
Amount:$6,357,660
Maturity:Nov. 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If final index level is at least 66% of initial level, par; otherwise, exposure to losses
Initial level:3,226.15
Trigger level:2,129.26, 66% of initial level
Call option:Par plus 8% per year if index closes at or above the initial level on any quarterly observation date beginning Dec. 2, 2015
Pricing date:Nov. 25
Settlement date:Nov. 28
Agents:UBS Financial Services Inc. and Barclays
Fees:2.5%
Cusip:06740D616

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