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Published on 2/27/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.24 million buffered digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Feb. 27 – Barclays Bank plc priced $1.24 million of 0% buffered digital notes due Aug. 28, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus 15.7%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital notes
Underlying index:Russell 2000
Amount:$1.24 million
Maturity:Aug. 28, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to zero, 15.7%; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial index level:1,235.1
Pricing date:Feb. 25
Settlement date:Feb. 27
Agent:Barclays
Fees:2.5%
Cusip:06741UQF4

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