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Published on 2/24/2022 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.02 million notes on Barclays Trailblazer Sectors

By William Gullotti

Buffalo, N.Y., Feb. 24 – Barclays Bank plc priced $3.02 million of 0% notes due Feb. 24, 2027 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain.

If the index falls, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:Barclays Trailblazer Sectors 5
Amount:$3,018,000
Maturity:Feb. 24, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus two times any index gain; floor of par
Initial level:213.7117
Pricing date:Feb. 18
Settlement date:Feb. 24
Agent:Barclays
Fees:0.7%
Cusip:06748XBU4

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