New Issue: Barclays prices $1.38 million buffered digital plus notes tied to Russell, S&P 500

By Susanna Moon

Chicago, June 1 – Barclays Bank plc priced $1.38 million of buffered digital plus notes due May 25, 2023 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 70% buffer level, the payout at maturity will be par plus the greater of the 45% digital return and the gain of the worse performing index.

Otherwise, investors will lose 1.42857% for each 1% decline of the worse performing index beyond 30%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$1,384,000
Maturity:	May 25, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes above 70% barrier, par plus greater of 45% and any gain of worse performing index; otherwise 1.42857% loss per 1% decline of worse performing index beyond 30%
Initial levels:	2,394.02 for S&P, 1,377.14 for Russell
Buffer levels:	70% of initial levels
Pricing date:	May 22
Settlement date:	May 25
Agent:	Barclays
Fees:	0.7%
Cusip:	06741VV66

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