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Published on 10/25/2022 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $876,000 buffered SuperTrack notes linked to S&P, Dow, Russell

Chicago, Oct. 25 – Barclays Bank plc priced $876,000 of 0% buffered SuperTrack notes due Feb. 26, 2026 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index’s return is positive, the payout at maturity will be par plus 1.2 times the least performing index’s return. If the least performing index declines by 10% or less, the payout will be par. Investors will lose 1% for each 1% that the least performing index declines beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:S&P 500, Russell 2000 and Dow Jones industrial average
Amount:$876,000
Maturity:Feb. 26, 2026
Coupon:0%
Price:Par
Payout at maturity:If least performing index’s return is positive, par plus 1.2 times least performing index’s return; if least performing index’s final level is less than or equal to initial level but greater than or equal to buffer level, par; if least performing index’s final level is less than buffer level, 1% loss for every 1% that least performing index declines beyond 10%
Initial levels:1,944.09 for Russell, 4,225.50 for S&P, 33,131.76 for Dow
Buffer levels:1,749.68 for Russell, 3,802.95 for S&P, 29,818.58 for Dow, or 90% of initial levels
Pricing date:Feb. 23
Settlement date:Feb. 28
Agent:Barclays
Fees:4.1%
Cusip:06748XC41

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