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Published on 4/22/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $19 million leveraged notes on Taiwan, Hang Seng China

By Susanna Moon

Chicago, April 22 – Barclays Bank plc priced $18.97 million of 0% leveraged notes due Oct. 25, 2016 linked to a basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Taiwan Stock Exchange Capitalization Weighted Stock index with an 80% weight and the Hang Seng China Enterprises index with a 20% weight.

The payout at maturity will be par plus 1.59 times any basket gain.

Investors will be exposed to any losses.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged basket-linked notes
Underlying indexes:Taiwan Stock Exchange Capitalization Weighted Stock index (80% weight) and the Hang Seng China Enterprises index (20% weight)
Amount:$18.97 million
Maturity:Oct. 25, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.59 times any basket gain; exposure to any losses
Initial index levels:9,552.85 for Taiwan, 14,111.34 for Hang Seng China
Pricing date:April 20
Settlement date:April 27
Agent:Barclays
Fees:1.67%
Cusip:06741UUL6

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