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Published on 10/4/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $16.56 million Leveraged Index Return Notes on real estate index

By Marisa Wong

Morgantown, W.Va., Oct. 4 – Barclays Bank plc priced $16.56 million of 0% capped Leveraged Index Return Notes due Sept. 28, 2018 linked to the Dow Jones U.S. Real Estate index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 20.92%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:Barclays Bank plc
Issue:Capped Leveraged Index Return Notes
Underlying index:Dow Jones U.S. Real Estate index
Amount:$16,558,060
Maturity:Sept. 28, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, capped at 20.92%; par if the index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial level:319.53
Threshold level:287.58, 90% of initial level
Pricing date:Sept. 29
Settlement date:Oct. 6
Agent:BofA Merrill Lynch
Fees:2%
Cusip:06745B581

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