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Published on 1/7/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1 million Super Track notes tied to three indexes

By Marisa Wong

Morgantown, W.Va., Jan. 7 – Barclays Bank plc priced $1 million of 0% Super Track notes due Jan. 31, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 50% weight, the FTSE 100 index with a 25% weight and the Nikkei Stock Average index with a 25% weight.

If the basket return is positive, the payout at maturity will be par plus 125% of the basket gain.

If the final basket level is equal to or less than the initial basket level but greater than or equal to the 80% barrier level, the payout will be par.

If the final basket level is less than the barrier level, investors will be fully exposed to the basket’s decline.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying basket:Euro Stoxx 50 index (50% weight), FTSE 100 index (25% weight), Nikkei Stock Average index (25% weight)
Amount:$1 million
Maturity:Jan. 31, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If basket return is positive, par plus 125% of basket gain; if final basket level is equal to or less than initial level but greater than or equal to 80% barrier level, par; if final basket level is less than barrier level, full exposure to basket decline
Initial levels:3,256.49 for Euro Stoxx, 6,254.64 for FTSE, 18,873.35 for Nikkei
Pricing date:Dec. 28
Settlement date:Dec. 31
Underwriter:Barclays
Fees:None
Cusip:06741U2D5

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