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Published on 1/2/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $10.35 million trigger PLUS linked to WisdomTree Japan Hedged fund

By Angela McDaniels

Tacoma, Wash., Jan. 2 - Barclays Bank plc priced $10.35 million of 0% trigger Performance Leveraged Upside Securities due Jan. 5, 2016 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus 200% of any gain in the fund, up to a maximum payment of $13.05 per note. The payout will be par if the shares fall by 10% or less. Investors will lose 1% for every 1% that the final share price is less than the initial share price if the shares fall by more than 10%.

Barclays is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:Barclays Bank plc
Issue:Trigger Performance Leveraged Upside Securities
Underlying fund:WisdomTree Japan Hedged Equity fund
Amount:$10,352,420
Maturity:Jan. 5, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any fund gain, capped at 30.5%; par if fund falls by up to 10%; full exposure to losses if fund finishes below trigger level
Initial share price:$50.65
Trigger level:$45.59, or 90% of initial price
Pricing date:Dec. 30
Settlement date:Jan. 3
Agent:Barclays
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:06742E331

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