New Issue: Barclays prices $15 million 5.4% notes tied to Russell, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., June 3 - Barclays Bank plc priced $15 million of 5.4% notes due Sept. 4, 2014 linked to the Russell 2000 index and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the lesser-performing underlying component's return is greater than or equal to negative 15%, the payout at maturity will be par. Otherwise, investors will lose 1.1765% for every 1% that the lesser-performing underlying component declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying components:	Russell 2000 index and iShares MSCI EAFE index fund
Amount:	$15 million
Maturity:	Sept. 4, 2014
Coupon:	5.4%, payable quarterly
Price:	Par
Payout at maturity:	Par if lesser-performing underlying component's return is greater than or equal to negative 15%; otherwise, 1.1765% loss for every 1% that lesser-performing underlying component declines beyond 15%
Initial levels:	994.43 for index and $61.25 for ETF
Pricing date:	May 30
Settlement date:	June 4
Agent:	Barclays
Fees:	0.05%
Cusip:	06741TVZ7

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