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Barclays redeems $6.79 million Stars due 2012 linked to S&P 500
By Marisa Wong
Madison, Wis., April 27 - Barclays Bank plc said it redeemed all $6,789,100 of its outstanding Strategic Accelerated Redemption Securities due Oct. 29, 2012 linked to the S&P 500 index on April 27.
The securities (Cusip: 06741L716) were redeemed at 109.725. The redemption price includes an annualized call premium of 19.45%.
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