New Issue: Barclays prices $4.49 million digital notes linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., March 24 – Barclays Bank plc priced $4.49 million of 0% digital notes due June 20, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% barrier level, the payout will be par plus the digital return of 10.25%. If the index finishes below the barrier level, investors will be fully exposed to the index decline from the initial level.

Barclays is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying index:	Russell 2000 index
Amount:	$4,485,000
Maturity:	June 20, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above barrier level, par plus 10.25%; otherwise, investors will be fully exposed to the index decline from the initial level
Initial level:	1,391.524
Barrier level:	1,182.795, 85% of initial level
Final level:	Average of index closing levels on five trading days ending June 15, 2018
Pricing date:	March 17
Settlement date:	March 22
Underwriter:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.12%
Cusip:	06741VPB2

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