New Issue: Barclays prices $2.1 million annual autocallable notes on Euro Stoxx 50, FTSE 100

By Toni Weeks

San Luis Obispo, Calif., Oct. 22 - Barclays Bank plc priced $2.1 million of 0% annual autocallable notes due Oct. 21, 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 13.5% if each index closes at or above its initial level on any of three annual call valuation dates.

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.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying indexes:	Euro Stoxx 50 and FTSE 100
Amount:	$2.1 million
Maturity:	Oct. 21, 2016
Coupon:	0%
Price:	Par
Call:	Par plus call premium of 13.5% per year if both indexes close at or above their respective call levels on any of three annual valuation dates
Payout at maturity:	Par if final level of lesser-performing index is at least 80% of initial level; otherwise, full exposure to decline of lesser-performing index
Initial index levels:	3,033.31 for Euro Stoxx 50 and 6,622.58 for FTSE 100
Barrier levels:	2,426.65 for Euro Stoxx 50 and 5,298.06 for FTSE 100; 80% of initial levels
Pricing date:	Oct. 18
Settlement date:	Oct. 23
Agent:	Barclays
Fees:	2.3%
Cusip:	06741TQ67

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