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Published on 6/2/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $17.28 million Leveraged Index Return Notes on Stoxx 50

By Marisa Wong

Los Angeles, June 2 – Barclays Bank plc priced $17.28 million of 0% Leveraged Index Return Notes due May 29, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.305 times any index gain.

If the index falls by up to 20%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$17,280,770
Maturity:May 29, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 130.5% of any index gain; par if index falls by up to 20%; otherwise, 1% loss for every 1% index decline beyond 20%
Initial level:4,039.21
Threshold level:3,231.37, 80% of initial level
Final index level:Average of index’s closing levels on five trading days ending May 26, 2026
Pricing date:May 27
Settlement date:June 4
Underwriter:BofA Securities, Inc.
Fees:2.5%
Cusip:06747R188

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