New Issue: Barclays sells $3.56 million notes due 2023 linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Nov. 1 – Barclays Bank plc priced $3.56 million of 0% notes due Oct. 31, 2023 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain of the lesser performing index up to a maximum of par plus 43%.

Investors will be exposed to up to 5% of any decline of the lesser performing index, with a minimum payout of 95% of par.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$3,558,000
Maturity:	Oct. 31, 2023
Contingent coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any gain of lesser performing index up to a maximum of par plus 43%; exposure to up to 5% of any decline of the lesser performing index, with a minimum payout of 95% of par
Initial levels:	2,658.69 for S&P and 1,483.82 for Russell
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	4.35%
Cusip:	06746XRP0

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