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Published on 4/12/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.16 million leveraged notes tied to S&P Futures

By William Gullotti

Buffalo, N.Y., April 12 – Barclays Bank plc priced $2.16 million of 0% leveraged notes due April 1, 2027 linked to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.2 times any index gain.

If the index falls, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged notes
Underlying index:S&P 500 Futures Excess Return index
Amount:$2,163,000
Maturity:April 1, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.2 times any index gain; floor of par
Initial level:459.9
Pricing date:March 28
Settlement date:April 3
Agent:Barclays
Fees:0.8%
Cusip:06745Q4Q9

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