New Issue: Barclays prices $29.08 million Accelerated Return Notes linked to insurance stocks

By Angela McDaniels

Tacoma, Wash., Sept.. 29 – Barclays Bank plc priced $29.08 million of 0% Accelerated Return Notes due Nov. 27, 2015 linked to a basket of three insurance sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes Aflac Inc. with a 33.33% weight, MetLife, Inc. with a 33.33% weight and Prudential Financial, Inc. with a 33.34% weight.

The payout at maturity will be par of $10 plus 300% of any basket gain, subject to a maximum return of 17.01%. Investors will be exposed to any decline in the basket.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying basket:	Aflac Inc. (33.33% weight) (NYSE: AFL), MetLife, Inc. (33.33% weight) (NYSE: MET) and Prudential Financial, Inc. (33.34%) (NYSE: PRU)
Amount:	$29,079,510
Maturity:	Nov. 27, 2015
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any basket gain, capped at 17.01%; exposure to any basket decline
Initial share prices:	$58.08 for Aflac, $54.10 for MetLife and $89.64 for Prudential
Pricing date:	Sept. 25
Settlement date:	Oct. 3
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06742Y873

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