New Issue: Barclays prices $10.05 million buffered autocallables linked to Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, March 1 – Barclays Bank plc priced $10.05 million of 0% buffered autocallable notes due Aug. 30, 2019 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be called at par plus an annualized premium of 10% if each index closes at or above its initial level on any semiannual call valuation date.

If the return of the lesser-performing index is at least negative 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% decline of the lesser-performing index beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$10,051,000
Maturity:	Aug. 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless either index falls by more than 20%, in which case 1.25% loss per 1% decline of lesser-performing index beyond 20%
Call:	Automatically at par plus a premium of 10% a year if each index closes at or above initial level on a semiannual call valuation date
Initial index levels:	1,549.19 for Russell 2000 and 2,747.3 for S&P 500
Pricing date:	Feb. 26
Settlement date:	March 1
Agent:	Barclays
Fees:	0.05%
Cusip:	06744CYC9

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