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Published on 10/8/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2.49 million notes due 2026 linked to S&P, Dow, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, Oct. 8 Barclays Bank plc priced $2.49 million of 0% notes due Oct. 5, 2026 linked to the least performing of the Dow Jones industrial average, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.35 times any gain of the least performing index.

Investors will be exposed to up to 5% of any decline of the least performing index, with a minimum payout of 95% of par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying indexes:S&P 500, Nasdaq-100, Dow Jones industrial average
Amount:$2,487,000
Maturity:Oct. 5, 2026
Contingent coupon:0%
Price:Par
Payout at maturity:Par plus 1.35 times any gain of least performing index; exposure to up to 5% of any decline of the least performing index, with a minimum payout of 95% of par
Initial levels:2,976.74 for S&P, 7,749.45 for Nasdaq, 26,916.83 for Dow
Pricing date:Sept. 30
Settlement date:Oct. 3
Agent:Barclays
Fees:0.85%
Cusip:06747NHF4

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