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Published on 7/17/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $13.13 million 5.15% buffered autocallables linked to Russell, EAFE ETF

By Angela McDaniels

Tacoma, Wash., July 17 – Barclays Bank plc priced $13.13 million of 5.15% buffered autocallable notes due Jan. 17, 2019 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be automatically called at par if each underlying closes at or above its initial level on Jan. 12, 2018 or July 12, 2018.

If the return of the lesser-performing underlying is at least negative 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% decline of the lesser-performing underlying beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered autocallable notes
Underlyings:Russell 2000 index, iShares MSCI EAFE ETF
Amount:$13,128,000
Maturity:Jan. 17, 2019
Coupon:5.15%, payable quarterly
Price:Par
Payout at maturity:Par unless either underlying falls by more than 20%, in which case 1.25% loss per 1% decline of lesser-performing underlying beyond 20%
Call:Automatically at par if each underlying closes at or above initial level on Jan. 12, 2018 or July 12, 2018
Initial levels:1,424.32 for index and $65.67 for ETF (closing levels on July 12)
Pricing date:July 13
Settlement date:July 18
Agent:Barclays
Fees:0.05%
Cusip:06744CCG4

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