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Published on 12/1/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $27.98 million Leveraged Index Return Notes on indexes

By Marisa Wong

Morgantown, W.Va., Dec. 1 – Barclays Bank plc priced $27.98 million of 0% Leveraged Index Return Notes due Nov. 29, 2019 linked to an international equity index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par plus 212% of the basket return.

Investors will be fully exposed to any basket decline.

BofA Merrill Lynch is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged Index Return Notes
Underlying basket:Euro Stoxx 50 index (40% weight), FTSE 100 index (20% weight), Nikkei 225 index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight), Hang Seng index (5% weight)
Amount:$27,978,370
Maturity:Nov. 29, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 212% of any basket gain; full exposure to losses
Initial index levels:3,579.32 for Euro Stoxx, 7,411.34 for FTSE, 22,416.48 for Nikkei, 9,324.53 for Swiss, 5,963.521 for S&P/ASX, 29,818.07 for Hang Seng
Pricing date:Nov. 21
Settlement date:Nov. 29
Agent:BofA Merrill Lynch
Fees:2%
Cusip:06746N600

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