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Published on 1/28/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $689,000 return optimization notes linked to Nikkei 225

By Angela McDaniels

Tacoma, Wash., Jan. 28 – Barclays Bank plc priced $689,000 of 0% return optimization securities due Feb. 28, 2017 linked to the Nikkei 225 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 300% of the index return, subject to a maximum return of 15%. If the index return is negative, investors will be fully exposed to the decline.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Return optimization securities
Underlying index:Nikkei 225
Amount:$689,000
Maturity:Feb. 28, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, up to 15% maximum return; exposure to any index decline
Initial index level:17,163.92
Pricing date:Jan. 27
Settlement date:Jan. 29
Agents:UBS Financial Services Inc. and Barclays
Fees:2%
Cusip:06743T337

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