New Issue: Barclays prices $1.05 million buffered jump notes linked to 10-year dollar ICE swap rate

By Angela McDaniels

Tacoma, Wash., April 12 – Barclays Bank plc priced $1.05 million of 0% buffered jump securities due May 15, 2017 linked to the 10-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

If the final swap rate is greater than or equal to the threshold swap rate, 85% of the initial swap rate, the payout at maturity will be par plus 10.85%. Otherwise, investors will lose 1% for every 1% that the swap rate declines below the threshold swap rate.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Barclays Bank plc
Issue:	Buffered jump securities
Underlying rate:	10-year U.S. dollar ICE swap rate
Amount:	$1,048,000
Maturity:	May 15, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final swap rate is greater than or equal to threshold swap rate, par plus 10.85%; otherwise, 1% loss for every 1% that swap rate declines below threshold swap rate
Initial swap rate:	1.6%
Threshold swap rate:	1.36%, 85% of initial swap rate
Pricing date:	April 8
Settlement date:	April 15
Agent:	Barclays
Selected dealer:	Morgan Stanley Wealth Management
Fees:	1.25%
Cusip:	06741U7K4

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