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Published on 3/28/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.01 million buffered SuperTrack notes linked to S&P, Dow

Chicago, March 29 – Barclays Bank plc priced $1.01 million of 0% buffered SuperTrack notes due Feb. 27, 2026 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus 1.07 times the lesser-performing index’s return. If the lesser-performing index declines by 15% or less, the payout will be par. Investors will lose 1% for each 1% that the lesser-performing index declines beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:S&P 500 and Dow Jones industrial average
Amount:$1,011,000
Maturity:Feb. 27, 2026
Coupon:0%
Price:Par
Payout at maturity:If lesser-performing index’s return is positive, par plus 1.07 times lesser-performing index’s return; if lesser-performing index’s final level is less than or equal to initial level but greater than or equal to buffer level, par; if lesser-performing index’s final level is less than buffer level, 1% loss for every 1% that lesser-performing index declines beyond buffer
Initial level:3,811.15 for S&P, 30,932.37 for Dow
Buffer levels:85% of initial levels
Pricing date:Feb. 26
Settlement date:March 3
Agent:Barclays
Fees:0.55%
Cusip:06747QZZ3

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