New Issue: Barclays prices $1.5 million digital notes linked to Euro Stoxx 50, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, July 19 – Barclays Bank plc priced $1.5 million of 0% digital notes due Aug. 18, 2017 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if either index closes below its barrier level, 60% of its initial level, during the life of the notes.

If a knock-in event does not occur, the payout at maturity will be par plus 8.15%.

If a knock-in event occurs and the lesser-performing index finishes at or above its initial level, the payout will be par.

If a knock-in event occurs and the lesser-performing index finishes below its initial level, investors will have one-to-one exposure to the decline of the lesser-performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$1,497,000
Maturity:	Aug. 18, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above barrier, 60% of initial level, every day during life of notes, par plus 8.15%; otherwise, par if lesser performing index finishes at or above initial level, or full exposure to any decline of lesser performing index
Initial index levels:	2,958.65 for Stoxx, 1,205.31 for Russell
Barrier levels:	1,775.19 for Stoxx, 723.19 for Russell, 60% of initial levels
Pricing date:	July 15
Settlement date:	July 20
Agent:	Barclays
Fees:	0.65%
Cusip:	06741V6L1

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