New Issue: Barclays prices $7.71 million trigger PLUS linked to Vanguard FTSE EM

By Jennifer Chiou

New York, July 30 - Barclays Bank plc priced $7,713,200 of 0% trigger Performance Leveraged Upside Securities due July 31, 2015 linked to the Vanguard FTSE Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 150% of the fund return, subject to a maximum payment of $14.60 per note.

Investors will receive par if the shares fall up to 15% and will be fully exposed to any losses the shares fall below the 85% trigger level.

Barclays is the agent with Morgan Stanley Smith Barney LLC as the dealer.

Issuer:	Barclays Bank plc
Issue:	Trigger Performance Leveraged Upside Securities
Underlying fund:	Vanguard FTSE Emerging Markets ETF
Amount:	$7,713,200
Maturity date:	July 31, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 150% of any fund gain, capped at 46%; par if fund falls by up to 15%; otherwise, exposure to losses
Initial price:	$40.06
Trigger price:	$34.05, 85% of the initial price
Pricing date:	July 26
Settlement date:	July 31
Agent:	Barclays with Morgan Stanley Smith Barney LLC as dealer
Fees:	2%
Cusip:	06742D531

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