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Published on 5/30/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.06 million buffered SuperTrack notes on iShares MSCI EAFE ETF

By Kiku Steinfeld

Chicago, June 1 – Barclays Bank plc priced $3.06 million of 0% buffered SuperTrack notes due Nov. 10, 2022 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its initial level, the payout at maturity will be par plus 2 times the fund return, capped at par plus 9.85%.

If the fund declines up to 10%, investors will receive par. Otherwise, investors will lose 1% for each 1% decline beyond the 10% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying fund:iShares MSCI EAFE ETF
Amount:$3,061,000
Maturity:Nov. 10, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 2 times any fund gain, capped at par plus 9.85%; par if fund falls by up to 10%; otherwise, 1% loss for each 1% decline beyond 10%
Initial level:$80.41
Buffer level:$72.37, 90% of initial level
Pricing date:May 7
Settlement date:May 12
Agent:Barclays
Fees:0.6%
Cusip:06748ENB5

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