New Issue: Barclays prices $882,000 barrier SuperTrack notes linked to S&P, Nasdaq

By Angela McDaniels

Tacoma, Wash., Sept. 14 – Barclays Bank plc priced $882,000 of 0% barrier SuperTrack notes due Sept. 5, 2025 linked to the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser performing index is greater than or equal to its initial level, the payout at maturity will be par plus 1.31 times that index’s return. If the lesser performing index finishes below its initial level but at or above its barrier level, 70% of its initial level, the payout will be par. Otherwise, investors will lose 1% for every 1% that the lesser performing index declines from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier SuperTrack notes
Underlying indexes:	S&P 500 index and Nasdaq-100 index
Amount:	$882,000
Maturity:	Sept. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser performing index is greater than or equal to initial level, par plus 1.31 times that index’s return; if lesser performing index finishes below initial level but at or above barrier level, par; otherwise, 1% loss for every 1% that lesser performing index declines from initial level
Initial levels:	3,924.26 for S&P and 12,098.44 for Nasdaq
Barrier levels:	2,764.98 for S&P and 8,468.91 for Nasdaq, or 70% of initial levels
Pricing date:	Sept. 2, 2022
Settlement date:	Sept. 8, 2022
Agent:	Barclays
Fees:	0.6%
Cusip:	06748XRS2

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