New Issue: Barclays prices $175,000 buffered SuperTrack notes on Dow, S&P

By Kiku Steinfeld

Chicago, Oct. 30 – Barclays Bank plc priced $175,000 of 0% buffered SuperTrack notes due Oct. 5, 2026 linked to the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the lesser performing index.

If either index falls by up to 35%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the lesser performing index beyond 35%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500, Dow Jones industrial average
Amount:	$175,000
Maturity:	Oct. 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in the lesser performing index; par if either index falls by up to buffer level; otherwise, 1% loss for each 1% drop of the lesser performing index beyond buffer
Initial levels:	4,109.31 for S&P, 33,274.15 for Dow
Buffer levels:	2,671.05 for S&P, 21,628.20 for Dow; 65% of initial levels
Pricing date:	March 31, 2023
Settlement date:	April 5, 2023
Agent:	Barclays
Fees:	0.9%
Cusip:	06749NUP5

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