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Published on 2/6/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.09 million buffered SuperTrack notes tied to FTSE 100

By Sarah Lizee

Olympia, Wash., Feb. 6 – Barclays Bank plc priced $3.09 million of 0% buffered SuperTrack notes due Feb. 7, 2020 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 4.5 times any index gain, subject to a maximum return of 19.85%.

If the index falls by up to 5%, the payout will be par.

Otherwise, investors will lose 1.0526% for every 1% decline beyond the 5% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:FTSE 100
Amount:$3,094,000
Maturity:Feb. 7, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 4.5 times any index gain, subject to maximum return of 19.85%; par if index falls by up to 5%; otherwise, 1.0526% loss for every 1% decline beyond 5%
Initial index level:7,034.13
Pricing date:Feb. 4
Settlement date:Feb. 7
Agent:Barclays
Fees:None
Cusip:06747MDP8

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