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Published on 6/24/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.33 million buffered Super Track notes linked to Stoxx

By Susanna Moon

Chicago, June 24 – Barclays Bank plc priced $1.33 million of 0% buffered Super Track notes due July 24, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.5 times any gain in the index, up to a maximum return of 19%.

If the index falls by up to 5%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline beyond 5%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:Euro Stoxx 50
Amount:$1,331,000
Maturity:July 24, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.5 times any index gain, capped at 19%; par if index falls by up to 5%; otherwise, 1% loss for each 1% drop beyond 5%
Initial level:2,967.34
Pricing date:June 21
Settlement date:June 24
Agent:Barclays
Fees:0.43%
Cusip:06741V5E8

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