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Published on 3/19/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $550,000 buffered digital notes linked to Facebook

By Wendy Van Sickle

Columbus, Ohio, March 19 – Barclays Bank plc priced $550,000 of 0% buffered digital notes due April 1, 2021 linked to the class A common stock of Facebook, Inc., according to a 424B2 filed with the Securities and Exchange Commission.

If the stock return is at least negative 15%, the payout at maturity will be par plus 9.85%.

Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital notes
Underlying shares:Facebook, Inc.
Amount:$550,000
Maturity:April 1, 2021
Coupon:0%
Price:Par
Payout at maturity:If the stock return is at least negative 15%, par plus 9.85%; otherwise, 1% loss for every 1% decline beyond 15%
Initial stock price:$165.98
Buffer value:$141.08, 85% of initial price
Pricing date:March 15
Settlement date:March 20
Agent:Barclays
Fees:1%
Cusip:06741WEV8

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