New Issue: Barclays sells $275,000 buffered dual directional notes on S&P, Russell, Dow

By Kiku Steinfeld

Chicago, May 27 – Barclays Bank plc priced $275,000 of 0% buffered dual directional notes due April 30, 2024 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 times any gain in the lesser performing index.

If the lesser performing index falls by up to 10%, the payout will be par plus the absolute value of the return of that index.

Investors will lose 1% for every 1% decline of the lesser performing index beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered dual directional notes
Underlying indexes:	Russell 2000 index, S&P 500 index, Dow Jones industrial average
Amount:	$275,000
Maturity:	April 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any gain in lesser performing index; if lesser performing index falls by up to 10% par plus the absolute value of return of that index; exposure to losses of lesser performing index beyond 10%
Initial levels:	35,819.56 for Dow, 4,605.38 for S&P, 2,297.19 for Russell
Buffer values:	32,237.60 for Dow, 4,144.84 for S&P, 2,067.47 for Russell; 90% of initial levels
Pricing date:	Oct. 29, 2021
Settlement date:	Nov. 3, 2021
Agent:	Barclays
Fees:	1.25%
Cusip:	06748WL50

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