New Issue: Barclays prices $4 million 8% trigger callable yield notes on indexes

By Marisa Wong

Morgantown, W.Va., March 7 – Barclays Bank plc priced $4 million of 8% trigger callable yield notes due March 6, 2018 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

Interest will be payable quarterly.

The payout at maturity will be par plus the coupon unless any index finishes below the 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

The notes are callable at par plus the coupon on any quarterly call date after one year.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Trigger callable yield notes
Underlying indexes:	S&P 500, Euro Stoxx 50, Russell 2000
Amount:	$4 million
Maturity:	March 6, 2018
Coupon:	8%, payable quarterly
Price:	Par of $10
Payout at maturity:	Par unless any index closes below trigger level, in which case full exposure to decline of least-performing index
Call option:	At par plus the coupon on any quarterly call date after one year
Initial levels:	1,932.23 for S&P 500, 2,945.75 for Euro Stoxx 50, 1,033.901 for Russell 2000
Trigger levels:	1,255.95 for S&P 500, 1,914.74 for Euro Stoxx 50, 672.036 for Russell 2000, 65% of initial levels
Pricing date:	Feb. 29
Settlement date:	March 3
Agents:	Barclays
Fees:	1%
Cusip:	06744K848

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