New Issue: Barclays prices $90,000 notes linked to S&P 500, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Nov. 16 – Barclays Bank plc priced $90,000 of 0% notes due Oct. 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.

If the lesser-performing index’s return is greater than or equal to zero, the payout at maturity will be par plus the return of the lesser-performing index, subject to a maximum return of 11.5%.

If the lesser-performing index’s return is less than zero but greater than or equal to negative 10%, investors will be exposed to the decline of the lesser-performing index.

If the lesser-performing index’s return is less than negative 10%, the payout will be $900 per $1,000 principal amount of notes.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$90,000
Maturity:	Oct. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing index’s return is greater than or equal to zero, par plus return of lesser-performing index, subject to maximum return of 11.5%; if lesser-performing index’s return is less than zero but greater than or equal to negative 10%, exposure to lesser-performing index’s decline; if lesser-performing index’s return is less than negative 10%, $900 per $1,000 principal amount of notes
Initial levels:	3,269.96 for S&P 500 and 1,538.48 for Russell 2000
Pricing date:	Oct. 30
Settlement date:	Nov. 4
Agent:	Barclays
Fees:	0.75%
Cusip:	06747QM87

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