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Published on 9/11/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.45 million barrier digital notes tied to Nasdaq, Russell, S&P

Chicago, Sept. 11 – Barclays Bank plc priced $2.45 million of 0% barrier digital notes due Oct. 10, 2024 linked to the least performing of the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 70% barrier level, the payout at maturity will be par plus 9.25%

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Barrier digital notes
Underlying indexes:Nasdaq-100 index, S&P 500 index, Russell 2000 index
Amount:$2,447,000
Maturity:Oct. 10, 2024
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above barrier level, par plus 9.25%; otherwise, 1% loss for every 1% decline of worst performer from initial level
Initial levels:15,508.24 for Nasdaq, 4,496.83 for S&P, 1,880.45 for Russell
Barrier levels:10,855.77 for Nasdaq, 3,147.78 for S&P, 1,316.32 for Russell; 70% of initial levels
Pricing date:Sept. 5
Settlement date:Sept. 8
Agent:Barclays
Fees:1.9%
Cusip:06745NCY0

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