New Issue: Barclays sells $3.33 million capped buffer gears on Russell 2000

By Kiku Steinfeld

Chicago, April 30 – Barclays Bank plc priced $3.33 million of 0% capped buffer gears due April 20, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the return, up to a maximum gain of 15.15%.

If the index falls by up to 10%, the payout will be par. Investors will be exposed to any losses beyond the buffer.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffer gears
Underlying index:	Russell 2000 index
Amount:	$3,331,400
Maturity:	April 20, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, return capped at 15.15%; par if index falls by up to 10%; exposure to any losses beyond the buffer
Initial level:	2,257.068
Downside threshold:	2,031.361, 90% of initial level
Pricing date:	April 15
Settlement date:	April 20
Agents:	Barclays and UBS Financial Services Inc.
Fees:	2%
Cusip:	06747R683

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