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Published on 6/30/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.88 million Super Track notes linked to S&P 500, Russell 2000

By Angela McDaniels

Tacoma, Wash., June 30 – Barclays Bank plc priced $2.88 million of 0% Super Track notes due June 28, 2019 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index finishes above its initial level, the payout at maturity will be par plus 1.465 times the return of the lesser-performing index.

If the final level of the lesser-performing index is less than or equal to its initial level and greater than or equal to its barrier level, 60% of its initial level, the payout will be par.

If the lesser-performing index finishes below its barrier level, investors will be fully exposed to the decline of the lesser-performing index.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying indexes:S&P 500 and Russell 2000
Amount:$2,875,000
Maturity:June 28, 2019
Coupon:0%
Price:Par
Payout at maturity:If lesser-performing index finishes above initial level, par plus 1.465 times return of lesser-performing index; if final level of lesser-performing index is less than or equal to initial level and greater than or equal to barrier level, par; if lesser-performing index finishes below barrier level, full exposure to decline of lesser-performing index
Initial index levels:2,102.31 for S&P 500 and 1,283.28 for Russell 2000
Barrier levels:1,261.39 for S&P 500 and 769.97 for Russell 2000; 60% of initial levels
Pricing date:June 25
Settlement date:June 30
Agent:Barclays
Fees:2.75%
Cusip:06741UYH1

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