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Published on 4/10/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $518,000 notes linked to S&P, Russell, Nasdaq

By Angela McDaniels

Tacoma, Wash., April 10 – Barclays Bank plc priced $518,000 of 0% notes due Oct. 17, 2024 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index’s final level is greater than or equal to its initial level, the payout at maturity will be par plus the least performing index’s return, subject to a maximum return of 16.1%.

If the least performing index’s final level is less than its initial level, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying indexes:S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:$518,000
Maturity:Oct. 17, 2024
Coupon:0%
Price:Par
Payout at maturity:If least performing index’s final level is greater than or equal to initial level, par plus least performing index’s return, subject to maximum return of 16.1%; if least performing index’s final level is less than initial level, par
Initial levels:4,505.42 for S&P, 1,931.09 for Russell and 15,565.60 for Nasdaq
Pricing date:July 14, 2023
Settlement date:July 19, 2023
Agent:Barclays
Fees:0.25%
Cusip:06745MQ92

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