New Issue: Barclays sells $600,000 callable contingent coupon notes on Stoxx Banks

Chicago, Dec. 5 – Barclays Bank plc priced $600,000 of callable contingent coupon notes due Nov. 26, 2029 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at an annualized rate of 8.5% if the index closes at or above its coupon barrier level, 60% of the initial value, on the related observation date.

The notes will be callable at par plus any coupon due on any observation date after one year.

If the index finishes at or above its 55% barrier level, the payout at maturity will be par plus any contingent coupon due. Otherwise, investors will be fully exposed to the decline of the index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying index:	Euro Stoxx Banks index
Amount:	$600,000
Maturity:	Nov. 26, 2029
Contingent coupon:	8.5% per year, payable each quarter that underlying index closes at or above coupon barrier on observation date for that period
Price:	Par
Payout at maturity:	If index finishes at or above barrier value, par plus any coupon due; otherwise, full exposure to decline of index
Call option:	At par plus coupon on any observation date after one year
Initial values:	93.20
Coupon barrier:	55.92, 60% of initial level
Barrier value:	51.26, 55% of initial level
Pricing date:	Nov. 20
Settlement date:	Nov. 25
Agent:	Barclays
Fees:	2%
Cusip:	06747NRY2

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