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Published on 7/1/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $105,000 buffered SuperTrack notes linked to S&P, Russell

By Tali Rackner

Norfolk, Va., July 1 – Barclays Bank plc priced $105,000 of 0% buffered SuperTrack notes due June 29, 2018 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 each index return is positive, the payout at maturity will be par plus 200% of the lesser-performing index’s return, subject to a maximum return of 30%.

Investors will receive par if either index declines by up to 10% and will lose 1% for each 1% that the lesser-performing index declines beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:S&P 500 and Russell 2000
Amount:$105,000
Maturity:June 29, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus double any gain of least performing index, subject to 30% maximum return; par if either index falls by up to 10%; 1% loss for each 1% drop in least performing index beyond 10%
Initial index level:2,000.54 for S&P and 1,089.65 for Russell
Pricing date:June 27
Settlement date:June 30
Agent:Barclays
Fees:0.8%
Cusip:06741V4S8

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