New Issue: Barclays sells $1.61 million buffered fixed-coupon notes on Russell

By Wendy Van Sickle

Columbus, Ohio, July 12 – Barclays Bank plc priced $1.61 million of 2.4% buffered fixed-coupon notes due May 30, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the index finishes at or above 85% of the initial level, the payout at maturity will be par. Otherwise, investors will lose 1% per 1% index decline beyond the 15% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered fixed-coupon notes
Underlying index:	Russell 2000 index
Amount:	$1.61 million
Maturity:	May 30, 2024
Coupon:	2.4%, payable quarterly
Price:	Par
Payout at maturity:	If index finishes at or above buffer level, par; otherwise, 1% loss for every 1% index decline beyond 15%
Initial level:	2,205.75
Buffer level:	1,874.89, 85% of initial level
Pricing date:	May 25
Settlement date:	May 28
Agent:	Barclays
Fees:	3%
Cusip:	06748ENA7

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