New Issue: Barclays sells $2.5 million buffered digital notes tied to Russell, S&P

By Marisa Wong

Morgantown, W.Va., March 17 – Barclays Bank plc priced $2.5 million of 0% buffered digital notes due March 25, 2021 linked to the worse performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return of the worse performing index is at least negative 20%, the payout at maturity will be par plus the digital percentage of 30.55%.

Otherwise, investors will lose 1% for every 1% that the worse performing index declines beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$2.5 million
Maturity:	March 25, 2021
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return of worse performer is greater than or equal to negative 20%, par plus 30.55%; otherwise, 1% loss for every 1% decline of worse performer beyond 20%
Initial index levels:	1,365.27 for Russell, 2,372.60 for S&P
Pricing date:	March 10
Settlement date:	March 15
Agent:	Barclays
Fees:	1%
Cusip:	06741VNU2

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