New Issue: Barclays sells $50,000 index-linked notes tied to S&P, Russell

By Kiku Steinfeld

Chicago, Oct. 2 – Barclays Bank plc priced $50,000 of 0% index-linked notes due Aug. 30, 2024 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final values of both indexes are equal to or greater than their initial values, the payout at maturity will be par plus the lesser of the return of the worse performing index, subject to a maximum payout of par plus 30%.

Investors will be exposed to the first 5% of any decline in the lesser performing index from its initial level, with a minimum payout of 95% of par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	Barclays Bank plc
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$50,000
Maturity:	Aug. 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final values of both indexes are equal to or greater than initial values, the payout at maturity will be par plus return of lesser performing index, subject to a maximum payout of par plus 30%; exposure to first 5% of decline of lesser performing index from initial level, with minimum payout of 95% of par
Initial levels:	2,869.16 for S&P and 1,456.04 for Russell
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Underwriter:	Barclays
Fees:	4.35%
Cusip:	06747NAQ7

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