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Published on 12/8/2022 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.49 million buffered SuperTrack notes tied to Nasdaq-100

By William Gullotti

Buffalo, N.Y., Dec. 8 – Barclays Bank plc priced $1.49 million of 0% buffered SuperTrack notes due June 2, 2025 linked to the Nasdaq-100 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum payout of par plus 34%.

Investors will receive par if the index falls by up to 50% and will lose 1% for each 1% decline beyond 50%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Nasdaq-100 index
Amount:$1,487,000
Maturity:June 2, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at par plus 34%; par if the index falls by up to 50%; 1% loss for each 1% decline beyond 50%
Initial level:11,994.26
Buffer level:5,997.13; 50% of initial level
Pricing date:Dec. 2
Settlement date:Dec. 7
Agent:Barclays
Fees:0.65%
Cusip:06749N3R1

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