New Issue: Barclays prices $1.08 million callable contingent coupon notes on Russell, Stoxx

By Wendy Van Sickle

Columbus, Ohio, April 7 – Barclays Bank plc priced $1.08 million of callable contingent coupon notes due March 31, 2020 linked to the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 9% if each index closes above the 70% barrier level on the valuation date for that quarter.

The notes are callable at par plus the contingent coupon on any interest payment date after six months.

The payout at maturity will be par unless either index finishes below the barrier level, in which case investors will be fully exposed to any losses of the worse performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying indexes:	Russell 2000, Euro Stoxx 50
Amount:	$1,075,000
Maturity:	March 31, 2020
Coupon:	9%, payable quarterly if each index closes at or above barrier on observation date for that period
Price:	Par
Payout at maturity:	Par unless either index finishes below barrier, in which case full exposure to loss of worse performing index
Call option:	At par on any interest payment date after six months
Initial levels:	3,465.07 for Stoxx and 1,367.26 for Russell
Barrier levels:	2,425.55 for Stoxx and 957.0827 for Russelll; 70% of initial levels
Pricing date:	March 28
Settlement date:	March 31
Agent:	Barclays
Fees:	3%
Cusip:	06741VMM1

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