New Issue: Barclays prices $600,000 digital notes linked to one-year SOFR ICE Swap Rate

Chicago, March 14 – Barclays Bank plc priced $600,000 of 0% digital notes due March 20, 2025 linked to the one-year U.S. Dollar SOFR ICE Swap Rate, according to a 424B2 filing with the Securities and Exchange Commission.

If the underlying rate finishes at or above 53% of initial rate, the payout at maturity will be par plus 15%.

Otherwise, investors will be fully exposed to any decline.

Barclays is the agent, with J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. acting as placement agents.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying rate:	One-year U.S. Dollar SOFR ICE Swap Rate
Amount:	$600,000
Maturity:	March 20, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If rate finishes at or above 53% of initial rate, par plus 15%; otherwise, full exposure to any decline
Initial rate:	5.0035%
Buffer rate:	2.6519%, 53% of initial rate
Pricing date:	March 5
Settlement date:	March 7
Agent:	Barclays, with J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. acting as placement agents
Fees:	1%
Cusip:	06745Q5J4

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