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Published on 3/26/2012 in the Prospect News Structured Products Daily.

Barclays redeems $30.16 million step-up fixed-rate notes due 2025

By Marisa Wong

Madison, Wis., March 26 - Barclays Bank plc said it redeemed all $30,158,000 of its outstanding step-up fixed-rate callable notes due March 25, 2025 on March 26.

The notes (Cusip: 06740JZR4) were redeemed at par plus accrued interest to the redemption date. At the time of redemption, the coupon was 4.75%.


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