New Issue: Barclays sells $49.1 million Accelerated Return Notes on oil index

By Devika Patel

Knoxville, Tenn., Dec. 24 – Barclays Bank plc priced $49.1 million of 0% Accelerated Return Notes due Dec. 22, 2017 linked to the S&P Oil & Gas Exploration & Production Select Industry index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum return of 55.5%. If the index falls, investors will be fully exposed to the decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying index:	S&P Oil & Gas Exploration & Production Select Industry
Amount:	$49,097,510
Maturity:	Dec. 22, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, up to 55.5% maximum return; full exposure to any index decline
Initial index level:	4,412.37
Pricing date:	Dec. 22
Settlement date:	Dec. 30
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06743T659

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