New Issue: Barclays prices $757,000 annual autocallables tied to two ETFs

By Wendy Van Sickle

Columbus, Ohio, Nov. 7 – Barclays Bank plc priced $757,000 of 0% annual autocallable notes due Oct. 30, 2020 linked to the least performing of the iShares MSCI Emerging Markets exchange-traded fund and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 9.6% if each ETF closes at or above its initial level on any annual call valuation date.

If the notes are not called, the payout at maturity will be par unless either underlying ETF finishes below its 80% barrier level, in which case investors will be fully exposed to any losses of the worse performing ETF.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying funds:	iShares MSCI EAFE ETF, iShares MSCI Emerging Markets ETF
Amount:	$757,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying ETF finishes at or above 80% barrier, par; otherwise, 1% loss for each 1% decline of worse performing ETF
Call:	At par plus 9.6% per year if each underlying ETF closes at or above its initial level on an annual call date
Initial levels:	$69.18 for EAFE and $46.14 for Emerging Markets
Barriers:	$55.34 for EAFE and $36.91 for Emerging Markets; 80% of initial levels
Pricing date:	Oct. 27
Settlement date:	Nov. 1
Agent:	Barclays
Fees:	3.2%
Cusip:	06744CF30

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