New Issue: Barclays prices $562,000 autocallable fixed-coupon notes on Dow, Nasdaq

By Sarah Lizee

Olympia, Wash., Aug. 31 – Barclays Bank plc priced $562,000 of autocallable fixed-coupon notes due Aug. 31, 2021 linked to the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be 6.5% per year and will be payable monthly.

The notes will be automatically called at par if each index closes at or above its initial level on any monthly valuation date after six months.

If the notes are not called, the payout at maturity will be par unless either index finishes below its barrier level, 75% of its initial level, in which case the payout will be par minus 1% for every 1% that the lesser-performing index declines from its initial level.

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable fixed-coupon notes
Underlying indexes:	Nasdaq-100 index and Dow Jones industrial average
Amount:	$562,000
Maturity:	Aug. 31, 2021
Coupon:	6.5%, payable monthly
Price:	Par
Call:	At par if each index closes at or above initial level on valuation date after six months
Payout at maturity:	Par unless either index finishes below barrier level, in which case par minus 1% for every 1% that lesser-performing index declines from initial level
Initial levels:	11,971.94 for Nasdaq and 28,331.92 for Dow
Barrier levels:	8,978.96 for Nasdaq and 21,248.94 for Dow; 75% of initial levels
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Barclays
Fees:	2.1%
Cusip:	06747QD20

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