New Issue: Barclays sells $3 million floating-rate notes linked to dollar SOFR swap rate

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – Barclays Bank plc priced $3 million of floating-rate notes due Sept. 20, 2032 linked to the five-year U.S. dollar SOFR ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be the reference rate and 148 basis points, subject to a minimum interest rate of 0%. Interest is payable quarterly.

The payout at maturity will be par.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Floating-rate notes
Amount:	$3 million
Maturity:	Sept. 20, 2032
Coupon:	Five-year U.S. dollar SOFR ICE swap rate plus 148 bps, minimum interest rate of 0%; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	Sept. 16
Settlement date:	Sept. 20
Agent:	Barclays
Fees:	0.75%
Cusip:	06748XTE1

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