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Published on 11/24/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $701,000 buffered SuperTrack notes linked to S&P, Dow

By Kiku Steinfeld

Chicago, Nov. 24 – Barclays Bank plc priced $701,000 of 0% buffered SuperTrack notes due Feb. 16, 2029 linked to the least performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index return is positive, the payout at maturity will be par plus 1.06 times that index return. Investors will receive par if the least performing index falls by up to 20% and will lose 1% for each 1% that the lowest performing index declines beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:S&P 500 and Dow Jones industrial average
Amount:$701,000
Maturity:Feb. 16, 2029
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.06 times gain of lowest performing index; par if lowest performing index falls by up to 20%; 1% loss for each 1% drop beyond 20% of lowest performer
Initial level:4,468.00 for S&P, 35,515.38 for Dow
Buffer level:3,574.40 for S&P, 28,412.30 for Dow, 80% of initial levels
Pricing date:Aug. 13
Settlement date:Aug. 18
Agent:Barclays
Fees:3.75%
Cusip:06748WC43

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