New Issue: Barclays prices $8.51 million annual autocallables linked to Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., May 18 – Barclays Bank plc priced $8.51 million of 0% annual autocallable notes due May 17, 2018 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 13.4% per year if each index closes at or above its call level on any of three annual call valuation dates. For each index, the call level is 100% of the initial level on the first call valuation date, 95% of the initial level on the second call valuation date and 90% of the initial level on the third call valuation date.

If the notes are not called and the final level of the lesser-performing index is greater than or equal to its barrier level, 70% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying index:	Euro Stoxx 50 and Russell 2000
Amount:	$8,505,000
Maturity:	May 17, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing index is greater than or equal to barrier level, par; otherwise, full exposure to decline of lesser-performing index from initial level
Call:	Automatically at par plus 13.4% per year if each index closes at or above its call level on May 20, 2016, May 15, 2017 or May 14, 2018
Initial index levels:	3,602.22 for Euro Stoxx 50 and 1,245.11 for Russell 2000
Barrier levels:	2,521.55 for Euro Stoxx 50 and 871.58 for Russell 2000; 70% of initial levels
Call levels:	3,602.22 for Euro Stoxx 50 and 1,245.11 for Russell 2000 on first call valuation date (100% of initial levels); 3,422.11 for Euro Stoxx 50 and 1,182.85 for Russell 2000 on second call valuation date (95% of initial levels); 3,242.00 for Euro Stoxx 50 and 1,120.60 for Russell 2000 on third call valuation date (90% of initial levels)
Pricing date:	May 14
Settlement date:	May 19
Agent:	Barclays
Fees:	2.25%
Cusip:	06741UWK6

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