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Published on 1/28/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3.38 million trigger return optimization securities on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 28 – Barclays Bank plc priced $3.38 million of 0% trigger return optimization securities due Jan. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 56%. If the index falls by up to 20%, the payout will be par. Investors will be fully exposed to losses beyond 20%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Trigger return optimization securities
Underlying index:Euro Stoxx 50
Amount:$3,375,050
Maturity:Jan. 31, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, capped at 56%; par if index falls by up to 20%; full exposure to losses beyond 20%
Initial level:3,043.47
Trigger level:2,434.78, 80% of initial level
Pricing date:Jan. 27
Settlement date:Jan. 29
Agents:UBS Financial Services Inc. and Barclays
Fees:2.5%
Cusip:06743T352

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