New Issue: Barclays sells $2.14 million Strategic Accelerated Redemption Securities on Gold Miners

By Kiku Steinfeld

Chicago, April 1 – Barclays Bank plc priced $2.14 million of Strategic Accelerated Redemption Securities due March 22, 2024 linked to the VanEck Vectors Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at a premium of 18.1% per year if the closing level of the index is greater than its starting value on any annual observation date.

If the notes are not called, the payout at maturity will be par plus the return of the index with full exposure to the decline.

BofA Securities, Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	VanEck Vectors Gold Miners ETF
Amount:	$2,144,000
Maturity:	March 22, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Full exposure to the decline if notes are not called
Call:	Par plus 18.1% a year if the closing level of the index is greater than its starting value on any annual observation date
Initial index level:	3,349.16
Pricing date:	March 9
Settlement date:	March 16
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06744A188

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