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Published on 3/28/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $8.00 million Accelerated Return Notes tied to three financial stocks

New York, March 28 – Barclays Bank plc priced $8.00 million of 0% Accelerated Return Notes due May 26, 2017 linked to a basket of three equally weighted financial stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are Citigroup Inc. with a 33.33% weight, JPMorgan Chase & Co. with a 33.33% weight and Wells Fargo & Co. with a 33.34% weight.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 18.25%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the underwriter.

Issuer:Barclays Bank plc
Issue:Accelerated Return Notes
Underlying basket:Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC), equally weighted
Amount:$7,999,500
Maturity:May 26, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any basket gain, capped at 18.25%; exposure to any losses
Initial stock levels:$42.37 for Citigroup, $59.94 for JPMorgan, $49.76 for Wells Fargo
Pricing date:March 23
Settlement date:March 31
Underwriters:BofA Merrill Lynch
Fees:1.75%
Cusip:06744K749

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