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Published on 12/3/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $399,000 buffered digital notes linked to Russell 2000

By Tali Rackner

Norfolk, Va., Dec. 3 – Barclays Bank plc priced $399,000 of 0% buffered digital notes due May 30, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus 13.1%.

Investors will receive par if the index declines up to 15% and will lose 1% for every 1% that it declines beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital notes
Underlying index:Russell 2000
Amount:$399,000
Maturity:May 30, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is greater than or equal to zero, par plus 13.1%; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial index level:1,188.81
Pricing date:Nov. 24
Settlement date:Nov. 30
Agent:Barclays
Fees:2.5%
Cusip:06741UR63

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