By William Gullotti
Buffalo, N.Y., Oct. 26 – Barclays Bank plc priced $3 million of 0% capped Accelerated Return Notes due Aug. 22, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
At maturity, if the index return is greater than or equal to 28%, the payout will be par plus 49%.
If the index return is less than 28% but greater than or equal to 6%, the payout at maturity will be par plus 15% plus 1.5455 times the index gain above 6%.
If the index return is less than 6%, but finishes at or above 91% of initial level, the payout at maturity will be par plus the index return plus an additional 9%.
If the index declines more than 9% but no more than 27%, investors will lose 1.5% for every 1% of index decline beyond 9%.
If the index falls by more than 27%, investors will lose 1% for every 1% decline of the index from its initial level.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Capped Accelerated Return Notes
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| Underlying index: | Dow Jones industrial average
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| Amount: | $3 million
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| Maturity: | Aug. 22, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index return is greater than 28%, par plus 49%; if the index return is less than 28% but greater than 6%, par plus 15% plus 1.5455 times the index gain above 6%; the index return is less than 6%, but finishes at or above 91% of initial level, par plus the index return plus an additional 9%; if the index declines more than 9% but no more than 27%, lose 1.5% for every 1% of index decline beyond 9%; otherwise, lose 1% for every 1% decline from initial level
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| Initial index level: | 31,135.09
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| Final index level: | Average of index’s closing levels on every trading day from May 20, 2025 to Aug. 19, 2025
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| Strike date: | Sept. 14
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| Pricing date: | Sept. 16
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| Settlement date: | Sept. 21
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| Agent: | Barclays Capital Inc.
|
| Fees: | 0.25%
|
| Cusip: | 06748XTV3
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