New Issue: Barclays prices $1.69 million 2.5% buffered fixed-coupon notes on Russell

By Kiku Steinfeld

Chicago, April 19 – Barclays Bank plc priced $1.69 million of 2.5% buffered fixed-coupon notes due Sept. 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 asset finishes at or above 85% of the initial level, the payout at maturity will be par.

Otherwise, investors will share in losses at a rate of 1% per 1% drop beyond the 15% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered fixed-coupon notes
Underlying index:	Russell 2000 index
Amount:	$1,689,000
Maturity:	Sept. 30, 2024
Coupon:	2.5%, payable quarterly
Price:	Par
Payout at maturity:	If index finishes at or above 85% of initial level, par; otherwise, 1% loss for every 1% decline of index beyond 15%
Initial levels:	2,281.00
Buffer level:	1,938.85, 85% of initial level
Pricing date:	Sept. 27, 2021
Settlement date:	Sept. 30, 2021
Underwriter:	Barclays
Fees:	3%
Cusip:	06748WG80

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