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Barclays redeems $12.11 million trigger autocallables on Brent crude
By Marisa Wong
Madison, Wis., March 15 - Barclays Bank plc said it redeemed all $12,109,350 of its outstanding trigger autocallable optimization securities due June 1, 2012 linked to the performance of Brent crude futures contracts.
The notes (Cusip: 06741K478) were redeemed on March 1 at 114.25. The redemption price includes an annualized call return of 19%.
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