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Published on 5/18/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $9.2 million of digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, May 18 – Barclays Bank plc priced $9.2 million of 0% digital notes due June 14, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 90% of its initial index level, the payout at maturity will be par plus the digital return of 10.5%.

Investors will lose 1.1111% for each 1% decline in the index beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$9,198,000
Maturity:June 14, 2017
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is greater than or equal to negative 10%, $1,105; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:2,956.63
Pricing date:May 13
Settlement date:May 18
Agent:Barclays
Fees:1.04%%
Cusip:06741V3Q3

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