New Issue: Barclays prices $1.29 million annual autocallable notes linked to Vanguard FTSE EM

By Jennifer Chiou

New York, May 20 - Barclays Bank plc priced $1,294,000 of 0% annual autocallable notes due May 18, 2017 linked to the Vanguard FTSE Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call return of 9% if the fund's shares close at or above the initial share price on any call date, which will fall in mid-May each year.

The payout at maturity will be par if the fund's final share price is at least 80% of the initial share price. Otherwise, investors will be exposed to the decline from the initial share price to the final share price.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying fund:	Vanguard FTSE Emerging Markets ETF
Amount:	$1,294,000
Maturity:	May 18, 2017
Coupon:	0%
Price:	Par
Call:	Par plus call premium of 9% per year if fund's shares close at or above initial share price on any annual call date; first call date is May 15, 2015
Payout at maturity:	Par if final share price is at least 80% of initial price; otherwise, full exposure to losses from initial price
Initial price:	$42.09
Barrier level:	$33.67, 80% of initial price
Pricing date:	May 15
Settlement date:	May 20
Agent:	Barclays
Fees:	2.25%
Cusip:	06741UDX9

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