New Issue: Barclays sells $1.15 million autocallable notes linked to Stoxx Banks

Chicago, June 2 – Barclays Bank plc priced $1.15 million of 0% autocallable notes due Nov. 22, 2024 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus annualized premium of 13% if on an annual call valuation date the index closes above its call barrier. The call barrier starts at the initial level and reduces 5% each year.

The payout at maturity will be par plus 39% if the index finishes at or above 90% of its initial level. If the index falls by more than the call value but not beyond 25%, the payout will be par. Otherwise, investors will be fully exposed to losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying index:	Euro Stoxx Banks index
Amount:	$1,150,000
Maturity:	Nov. 22, 2024
Coupon:	0%
Price:	Par
Call:	Automatically at par plus annualized premium of 13% if index finishes above call level on an annual call date; call level starts at initial level and reduces by 5% each year
Payout at maturity:	Par plus 39% if final index value is above 90% call level; par if index falls more than 10% but not more than 25%; full exposure to losses otherwise
Initial index level:	99.6
Barrier level:	74.7, 75% of initial level
Pricing date:	Nov. 19, 2021
Settlement date:	Nov. 24, 2021
Agent:	Barclays
Fees:	2.25%
Cusip:	06748WUA9

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