Barclays Bank PLC (“Barclays”) announced today the automatic redemption of its Barclays ETN+ Short B Leveraged Exchange Traded Notes (ticker: BXDB) (the “Securities”). The Securities are being redeemed as the result of a stop loss termination event occurring on April 4, 2014, the stop loss termination date. As described in the prospectus, a stop loss termination event occurs when the intraday indicative note value on any index business day prior to or on the final valuation date is less than or equal to 10.0% of the principal amount per Security, or $10.00 for each Security. Details of the stop loss termination event are below. Stop Loss Termination Date: ...
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