Barclays unveils note as investors believe FTSE will rise

The note delivers a defined return of 13.5% for every year the plan is active and it can automatically mature on the first anniversary where the index is at the same level or higher than its initial level. Consequently, investors receive the total nominal value with a return of 13.5% multiplied by the number of years the note has been active.

If the note has not matured early and the index is equal to or higher than the initial index level, the total nominal value is repaid, along with 67.5%

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