Barclays to price annual autocallable notes on Euro Stoxx 50, FTSE 100

By Toni Weeks

San Luis Obispo, Calif., Oct. 3 - Barclays Bank plc plans to price 0% annual autocallable notes due October 2016 linked to the lesser performing of the Euro Stoxx 50 index and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus an annualized call price of at least 13.5% if each index closes at or above its initial level on any of three annual call valuation dates. The actual call price will be set at pricing.

If the notes are not called and the final level of the lesser-performing index is at least 80% of its initial level, the payout at maturity will be par. Otherwise, investors will be exposed to the decline of the lesser-performing index from its initial level.

The notes (Cusip: 06741TQ67) are expected to price and settle in October.

Barclays is the agent.

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