New Issue: Barclays prices $340,000 phoenix autocallable notes on indexes, ETF

Chicago, Aug. 8 – Barclays Bank plc priced $340,000 of phoenix autocallable notes due July 31, 2028 linked to the least performing of the Technology Select Sector SPDR Fund, 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 monthly coupon at an annual rate of 7.75% if each underlier closes at or above its 75% coupon barrier on a related observation date.

The notes will be called at par plus the contingent coupon if each underlier closes at or above its initial level on any quarterly call observation date after one year.

The payout at maturity will be par plus the final coupon if each underlier finishes at or above its coupon barrier.

If the worst performer finishes below its coupon barrier but at or above 60% of its initial value, the payout at maturity will be par. Otherwise, investors will lose 1% for each 1% decline of the worst performer from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable notes
Underlying assets:	Technology Select Sector SPDR Fund, S&P 500 index, Russell 2000 index
Amount:	$340,000
Maturity:	July 31, 2028
Coupon:	7.75% annualized, payable monthly if each underlier closes at or above coupon barrier on related observation date
Price:	Par
Payout at maturity:	Par plus final coupon if each underlier finishes at or above its coupon barrier; if worst performer finishes below its coupon barrier but at or above its final barrier, par; otherwise, 1% loss for each 1% decline of the worst performer from initial level
Call:	Automatically at par plus contingent coupon if each underlier closes at or above initial level on any quarterly call observation date after one year
Initial levels:	1,980.355 for Russell, 4,566.75 for S&P, $176.06 for ETF
Coupon barriers:	1,485.27 for Russell, 3,425.06 for S&P, $132.05 for ETF; 75% of initial levels
Final barriers:	1,188.21 for Russell, 2,740.05 for S&P, $105.64 for ETF; 60% of initial levels
Pricing date:	July 26
Settlement date:	July 31
Agent:	Barclays
Fees:	4.125%
Cusip:	06745MP28

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