New Issue: Barclays sells $667,000 notes due 2021 linked to iShares MSCI ETFs

By Wendy Van Sickle

Columbus, Ohio, March 20 – Barclays Bank plc priced $667,000 of 0% notes due March 22, 2021 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.22 times any gain of the lesser performing ETF. If the lesser performing asset falls by up to 10%, investors will have exposure to its decline. If the laggard ETF falls beyond 10%, investors will receive the minimum payment of 90% of par.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying ETFs:	iShares MSCI Emerging Markets ETF and iShares MSCI EAFE ETF
Amount:	$667,000
Maturity:	March 22, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.22 times any gain of lesser performing ETF; if lesser performing ETF falls by up to 10%, exposure to its decline; if laggard ETF falls beyond 10%, minimum payment of 90% of par
Initial levels:	$49.21 for Emerging Markets, $70.47 for EAFE
Pricing date:	March 16
Settlement date:	March 21
Agent:	Barclays
Fees:	0.95%
Cusip:	06746X2F9

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