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Published on 12/20/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $26.18 million buffered digital notes on Russell 2000

By Susanna Moon

Chicago, Dec. 20 - Barclays Bank plc priced $26.18 million of 0% buffered digital notes due March 23, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be the maximum settlement amount of $1,069 for each $1,000 par amount.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital notes
Underlying index:Russell 2000
Amount:$26,181,000
Maturity:March 23, 2015
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 6.9%; par if index declines by 15% or less; 1.1765% loss for each 1% decline beyond 15%
Initial index level:1,133.72
Pricing date:Dec. 18
Settlement date:Dec. 27
Agent:Barclays
Fees:1.6%
Cusip:06741T3N5

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