New Issue: Barclays prices $3.31 million buffered autocallable fixed-coupon notes on S&P, Nasdaq

By Kiku Steinfeld

Chicago, June 14 – Barclays Bank plc priced $3.31 million of buffered autocallable fixed-coupon notes due Nov. 23, 2022 linked to the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be 5.1% per year and will be payable monthly.

The notes will be automatically called at par if each index closes at or above its initial level on any quarterly valuation date after six months.

If the notes are not called, the payout at maturity will be par unless either index finishes below 80% of its initial level, in which case the payout will be par minus 1.25% for every 1% that the lesser-performing index declines beyond 20%.

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable fixed-coupon notes
Underlying indexes:	Nasdaq-100 index and S&P 500 index
Amount:	$3,305,000
Maturity:	Nov. 23, 2022
Coupon:	5.1%, payable monthly
Price:	Par
Call:	At par if each index closes at or above initial level on valuation date after six months
Payout at maturity:	Par unless either index finishes below 80% of its initial level, in which case par minus 1.25% for every 1% that lesser-performing index declines beyond 20%
Initial levels:	4,163.29 for S&P and 13,312.91 for Nasdaq-100
Buffer levels:	3,330.63 for S&P and 10,650.33for Nasdaq-100; 80% of initial levels
Pricing date:	May 18
Settlement date:	May 21
Agent:	Barclays
Fees:	0.05%
Cusip:	06748ERX3

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