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Published on 7/18/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2 million 15.6% callable yield notes linked to FireEye

By Susanna Moon

Chicago, July 18 – Barclays Bank plc priced $2 million of 15.6% callable yield notes due July 21, 2015 linked to FireEye Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any interest payment date.

The payout at maturity will be par unless the stock finishes below the knock-in level, 55% of the initial price, in which case the payout will be par plus the return with exposure to any losses or, at the issuer's option, a number of shares equal to $1,000 divided by the initial share price.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Callable yield notes
Underlying stock:FireEye Inc. (Symbol: FEYE)
Amount:$2 million
Maturity:July 21, 2015
Coupon:15.6%, payable quarterly
Price:Par
Payout at maturity:Par unless stock finishes below knock-in level, in which case par plus return with exposure to any losses or, at issuer's option, 29.5683 FireEye shares
Initial level:$33.82
Knock-in level:$18.60, 55% of initial level
Call option:At par on any interest payment date
Pricing date:July 16
Settlement date:July 21
Agent:Barclays
Fees:0.6%
Cusip:06741UGD0

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