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Published on 9/20/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.61 million buffered SuperTrack notes linked to S&P, Russell, Dow

By William Gullotti

Buffalo, N.Y., Sept. 20 – Barclays Bank plc priced $4.61 million of 0% buffered SuperTrack notes due July 5, 2023 linked to the lesser performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index’s return is positive, the payout at maturity will be par plus 1.48 times the least performing index’s return.

If the worst performer declines by 5% or less, the payout will be par. Otherwise, investors will lose 1% for each 1% that the worst performer declines beyond 5%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:S&P 500 index, Russell 2000 index, Dow Jones industrial average
Amount:$4,611,000
Maturity:July 5, 2023
Coupon:0%
Price:Par
Payout at maturity:If lesser-performing index’s return is positive, par plus 1.48 times lesser-performing index’s return; if worst performer’s final level is less than or equal to initial level but greater than or equal to buffer level, par; otherwise, 1% loss for every 1% that the worst performer declines beyond buffer
Initial levels:34,292.29 for Dow, 4,291.8 for S&P, 2,308.84 for Russell
Buffer levels:32,577.68 for Dow, 4,077.21 for S&P, 2,193.4 for Russell; 95% of initial levels
Pricing date:June 29
Settlement date:July 2
Agent:Barclays
Fees:0.8%
Cusip:06748EXR9

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