New Issue: Barclays prices $195,000 notes on S&P 500, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, April 8 – Barclays Bank plc priced $195,000 of notes due March 31, 2023 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return of the least performing index, subject to a maximum return of 25%.

Investors will be exposed to the first 10% of any loss of the least performing index, with a minimum payout of $900 per $1,000 principal amount of notes.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlier:	S&P 500 and Russell 2000
Amount:	$195,000
Maturity:	March 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus return of least performing index with a cap of 25% return; exposure to first 10% of any loss of the least performing index with a minimum payout of $900 per $1,000 principal amount of notes
Initial levels:	2,584.59 for S&P, 1,153.1 for Russell
Buffer levels:	90% of initial levels
Pricing date:	March 31
Settlement date:	April 3
Agent:	Barclays
Fees:	1.45%
Cusip:	06747PH36

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