New Issue: Barclays prices $17.31 million trigger callable contingent yield notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, Dec. 13 – Barclays Bank plc priced $17.31 million of trigger callable contingent yield notes with daily coupon observation due Oct. 30, 2025 linked to the worst performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at a rate of 18.15% per year if each index closes at or above its coupon barrier level, 70% of its initial level, on every scheduling trading day during the observation period.

The notes will be callable at par of $10 plus any coupon otherwise due on any quarterly observation date other than the final one.

If the notes are not called and each index finishes at or above the 70% coupon barrier, the payout at maturity will be par plus any final otherwise due coupon.

If any index declines below the coupon barrier but each index finishes at or above the downside threshold level, 55% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performing index from its initial level.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger callable contingent yield notes with daily coupon observation
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$17,305,000
Maturity:	Oct. 30, 2025
Coupon:	18.15% per year, payable quarterly if each index closes at or above its coupon barrier level on each scheduled trading day during that observation date
Price:	Par of $10
Payout at maturity:	Par plus any coupon due if each index finishes at or above coupon barrier; if worst performer finishes below coupon barrier but at or above downside threshold level, par; otherwise, 1% loss for every 1% decline of worst performing index from its initial level
Call option:	At par plus any coupon due on any quarterly observation date other than final one
Initial levels:	1,796.155 for Russell, 3,859.11 for S&P, 11,669.99 for Nasdaq
Coupon barriers:	1,257.309 for Russell, 2,701.38 for S&P, 8,168.99 for Nasdaq; 70% of initial levels
Downside thresholds:	987.885 for Russell, 2,122.51 for S&P, 6,418.49 for Nasdaq; 55% of initial levels
Pricing date:	Oct. 25
Settlement date:	Oct. 28
Agents:	UBS Financial Services Inc. and Barclays
Fees:	1%
Cusip:	06748C552

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