New Issue: Barclays prices $208,000 7% autocallable fixed-coupon notes on S&P, Russell, Dow

By Wendy Van Sickle

Columbus, Ohio, July 22 – Barclays Bank plc priced $208,000 of autocallable fixed-coupon notes due Jan. 21, 2022 linked to the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be 7% per year and will be payable quarterly.

The notes will be automatically called at par if each index closes at or above its initial level on any quarterly call date.

If the notes are not called, the payout at maturity will be par unless any index finishes below its buffer level, 85% of its initial level, in which case the payout will be par minus 1% for every 1% that the least-performing index declines beyond 15%.

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable fixed-coupon notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index and Russell 2000 index
Amount:	$208,000
Maturity:	Jan. 21, 2022
Coupon:	7%, payable quarterly
Price:	Par
Call:	At par if each index closes at or above initial level on any quarterly call date
Payout at maturity:	Par unless any index finishes below its buffer level, in which case par minus 1% for every 1% that least-performing index declines beyond 15%
Initial level:	26,671.95 for Dow, 1,473.32 for Russell, 3,224.73 for S&P
Buffer levels:	22,671.16 for Dow, 1,252.32 for Russell, 2,741.02 for S&P; 85% of initial levels
Pricing date:	July 17
Settlement date:	July 22
Agent:	Barclays
Fees:	0.675%
Cusip:	06747Q4Y0

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