New Issue: Barclays prices $370,000 barrier SuperTrack notes linked to Dow, Russell

By Taylor Fox

New York, Nov. 19 – Barclays Bank plc priced $370,000 of 0% barrier SuperTrack notes due Oct. 31, 2023 linked to the lesser performing of the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus three times the lesser-performing index’s return, up to par plus 33%. If the lesser-performing index declines by 30% or less, the payout will be par. If it declines by more than 30%, investors will lose 1% for each 1% that the lesser-performing index declines from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier SuperTrack notes
Underlying indexes:	Dow Jones industrial average and Russell 2000
Amount:	$370,000
Maturity:	Oct. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing index’s return is positive, par plus three times lesser-performing index’s return, up to par plus 33%; if lesser-performing index’s final level is less than or equal to initial level but greater than or equal to barrier level, par; if lesser-performing index’s final level is less than barrier level, 1% loss for every 1% that lesser-performing index declines from initial level
Initial levels:	26,501.60 for Dow and 1,538.48 for Russell
Barrier levels:	18,551.12 for Dow and 1,076.94 for Russell; 70% of initial levels
Pricing date:	Oct. 30
Settlement date:	Nov. 4
Agent:	Barclays
Fees:	1.85%
Cusip:	06747QLK1

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