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Barclays redeems $8.48 million contingent income notes tied to GE
By Marisa Wong
Madison, Wis., March 30 - Barclays Bank plc said it redeemed all $8,484,550 of its outstanding contingent income autocallable securities due Dec. 26, 2014 linked to the common stock of General Electric Co.
The notes (Cusip: 06738G381) were redeemed on March 26 at par plus a contingent quarterly payment of 2.6%.
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