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Published on 6/21/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.14 million of digital notes linked to Stoxx, Russell

By Wendy Van Sickle

Columbus, Ohio, June 21 – Barclays Bank plc priced $1.14 million of 0% digital notes due Dec. 21, 2017 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its barrier, 75% of its initial index level, the payout at maturity will be par plus the digital return of 13.3%.

Otherwise, investors will be fully exposed to the loss of the lesser performing index.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Digital notes
Underlying indexes:Euro Stoxx 50 and Russell 2000
Amount:$1.14 million
Maturity:Dec. 21, 2017
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above barrier, 75% of initial level, par plus 13.3%; otherwise, full exposure to decline of lesser performing index
Initial index levels:2,849.17 for S&P, 1,144.70 for Russell
Barrier levels:2,136.88 for S&P, 858.53 for Russell, 75% of initial levels
Pricing date:June 17
Settlement date:June 24
Agent:Barclays
Fees:1.5%
Cusip:06741V4F6

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