New Issue: Barclays prices $1.36 million buffer digital plus notes tied to S&P 500

By Susanna Moon

Chicago, Feb. 6 – Barclays Bank plc priced $1.36 million of 0% buffered digital plus notes due Jan. 31, 2023 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold, the payout at maturity will be par plus the greater of the 21.5% digital return and any index gain up to a maximum return of 50%.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying index:	S&P 500
Amount:	$1,361,000
Maturity:	Jan. 31, 2023
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is at least negative 15%, par plus greater of 21.5% and return capped at 50%; otherwise, 1% loss per 1% decline beyond 15%
Initial index level:	2,872.87
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	Barclays
Fees:	4.35%
Cusip:	06744CR78

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