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Published on 10/14/2022 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $212,000 buffered SuperTrack notes linked to Russell 2000

By Kiku Steinfeld

Chicago, Oct. 14 – Barclays Bank plc priced $212,000 of 0% buffered SuperTrack notes due Feb. 23, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return up to a 17.55% maximum return. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index declines beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Russell 2000
Amount:$212,000
Maturity:Feb. 23, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain up to 17.55% maximum return; par if index falls by up to 10%; 1% loss for each 1% drop beyond 10%
Initial level:2,009.333
Buffer level:1,808.40, or 90% of initial level
Pricing date:Feb. 18
Settlement date:Feb. 24
Agent:Barclays
Fees:2.45%
Cusip:06748XBY6

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