By Wendy Van Sickle
Columbus, Ohio, July 27 – Barclays Bank plc priced $3 million of floating-rate notes due July 27, 2021 linked to the 30-year U.S. dollar ICE Swap Rate, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate will be equal to the reference rate plus 10 basis points. Interest will be payable monthly and cannot be less than zero.
The payout at maturity will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Floating-rate notes
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| Underlying rate: | 30-year U.S. dollar ICE Swap Rate
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| Amount: | $3 million
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| Maturity: | July 27, 2021
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| Coupon: | Reference rate plus 10 bps with a 0% floor; payable monthly
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| Price: | Par
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| Payout at maturity: | Par
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| Pricing date: | July 24
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| Settlement date: | July 27
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| Underwriter: | Barclays
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| Fees: | 0.75%
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| Cusip: | 06746XJR5
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