New Issue: Barclays prices $2.91 million 6% coupon autocalls tied to Russell, fund

By Susanna Moon

Chicago, March 6 – Barclays Bank plc priced $2.91 million of 6% autocallable notes due Aug. 28, 2019 linked to the Russell 2000 index and the iShares MSCI EAFE ETF, according to a 424B2 filed with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be called at par if each underlying component closes at or above its initial level on either valuation date.

If the notes are not called, the payout at maturity will be par unless either asset falls by more than 20%, in which case investors will lose 1.25% for each 1% decline of the worse performing index or fund beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying assets:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$2,909,000
Maturity:	Aug. 28, 2019
Coupon:	6%, payable quarterly
Price:	Par
Payout at maturity:	Par unless either component falls by more than 20%, in which case 1.25% loss per 1% decline of worse performing index or fund beyond 20%
Call:	At par if each asset closes at or above initial level on Aug. 21, 2018 or Feb. 21, 2019
Initial levels:	1,529.99 for Russell and $70.78 for fund
Barrier levels:	80% of initial levels
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Agent:	Barclays
Fees:	0.05%
Cusip:	06744CXQ9

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