New Issue: Barclays prices $850,000 buffered SuperTrack notes tied to Russell, S&P

By Susanna Moon

Chicago, Jan. 11 – Barclays Bank plc priced $850,000 of 0% buffered SuperTrack notes due March 7, 2023 linked to the lesser performing of 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 93% threshold, the payout at maturity will be par plus 7% and 1.82609 times the gain of the worse performing index up to a maximum return of 84%.

Otherwise, investors will be exposed to any losses of the worse performing index beyond the buffer.

The averaging dates will be each business day from Dec. 2, 2022 through March 2, 2023.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$850,000
Maturity:	March 7, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains or falls by up to 7%, par plus 7% and 1.82609 times return of worse performing index capped at 84%; otherwise, 1% loss per 1% decline of worse performing index beyond 7%
Initial levels:	1,552.576 for Russell, 2,713.06 for S&P
Pricing date:	Jan. 3
Settlement date:	Jan. 8
Averaging dates:	Each business day from Dec. 2, 2022 through March 2, 2023
Agent:	Barclays
Fees:	1.75%
Cusip:	06744CRH6

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