New Issue: Barclays prices $324,000 annual reset coupon buffered notes linked to Russell

By Angela McDaniels

Tacoma, Wash., Sept. 2 – Barclays Bank plc priced $324,000 of annual reset coupon buffered notes due Aug. 31, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable annually and will equal 6% if the index's return for that year is positive or zero. Otherwise, the coupon will be 2.25%. The index's return will be measured from its level a year earlier.

The payout at maturity will be par unless the final index level is less than 85% of the initial index level, in which case investors will lose 1% for every 1% that the index declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual reset coupon buffered notes
Underlying index:	Russell 2000
Amount:	$324,000
Maturity:	Aug. 31, 2021
Coupon:	Interest is payable annually; if index return is zero or positive, coupon will be 6%; if index return is negative, coupon will be 2.25%; index's return is measured from its level a year earlier
Price:	Par
Payout at maturity:	Par unless final index level is less than 85% of initial index level, in which case 1% loss for every 1% that index declines beyond 15%
Initial index level:	1,153.61
Pricing date:	Aug. 27
Settlement date:	Aug. 31
Agent:	Barclays
Fees:	3.25%
Cusip:	06741UD84

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