New Issue: Barclays sells $374,000 autocallable notes on Russell, Nasdaq, Dow

By Wendy Van Sickle

Columbus, Ohio, Jan. 6 – Barclays Bank plc priced $374,000 of 0% autocallable notes due Dec. 29, 2023 linked to the worst performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a 7% annualized premium if the indexes close above their initial levels on any semiannual valuation date.

If the notes are not redeemed, the payout will be par plus any final coupon unless any index finishes below 65% of its initial level, in which case investors will be fully exposed to the loss of the least performing index.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying assets:	Dow Jones industrial average, Russell 2000 index and Nasdaq-100 index
Amount:	$374,000
Maturity:	Dec. 29, 2023
Contingent coupon:	0%
Price:	Par
Payout at maturity:	Par plus any coupon unless any index finishes below 65% of its initial level, in which case investors will be fully exposed to the loss of the least performing index
Call:	Automatically at par plus 7% annualized premium if each index closes above initial level on any semiannual valuation date
Initial levels:	2,007.1 for Russell, 12,653.14 for Nasdaq and 30,129.83 for Dow
Final barriers:	1,304.62 for Russell, 8,224.354 for Nasdaq and 19,584.39 for Dow; 65% of initial levels
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Agent:	Barclays
Fees:	2.8%
Cusip:	06747QRU3

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