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Published on 1/5/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.25 million 5.65% notes linked to Russell 2000, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Jan. 5 – Barclays Bank plc priced $6.25 million of 5.65% notes due July 5, 2017 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If the return of the least-performing underlier is negative 20% or greater, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% that the least-performing underlier declines beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underliers:Russell 2000 index and iShares MSCI EAFE ETF
Amount:$6.25 million
Maturity:July 5, 2017
Coupon:5.65%, payable monthly
Price:Par
Payout at maturity:If return of least-performing underlier is negative 20% or greater, par; otherwise, 1.25% loss for every 1% that least-performing underlier declines beyond 20%
Initial levels:1,160.52 for index (closing level on Dec. 29) and $59.88 for ETF
Pricing date:Dec. 30
Settlement date:Jan. 5
Agent:Barclays
Fees:None
Cusip:06741U2S2

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