New Issue: Barclays prices $500,000 buffered SuperTrack notes on First Trust Dow Jones Internet fund

By Wendy Van Sickle

Columbus, Ohio, Sept. 4 – Barclays Bank plc priced $500,000 of 0% buffered SuperTrack notes due Sept. 3, 2024 linked to the First Trust Dow Jones Internet Index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the fund up to a maximum payout of par plus 10%.

If the fund falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying fund:	First Trust Dow Jones Internet Index fund
Amount:	$500,000
Maturity:	Sept. 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any fund gain up to a maximum payout of par plus 10%; par if fund falls by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
Initial fund level:	135.54
Pricing date:	Aug. 28
Settlement date:	Sept. 3
Agent:	Barclays
Fees:	0.7%
Cusip:	06747NED2

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