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Published on 10/29/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $81,000 notes linked to Fidelity Dividends for Inflation

By Kiku Steinfeld

Chicago, Oct. 30 – Barclays Bank plc priced $81,000 of 0% notes due April 3, 2025 linked to the Fidelity Dividends for Inflation index PR, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of par plus 24%.

If the index falls, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:Fidelity Dividends for Inflation PR
Amount:$81,000
Maturity:April 3, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at par plus 24%; floor of par
Initial level:676.89
Pricing date:March 31, 2023
Settlement date:April 5, 2023
Agent:Barclays
Fees:1%
Cusip:06749NVC3

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