New Issue: Barclays prices $29.83 million trigger callable contingent yield notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, March 4 – Barclays Bank plc priced $29.83 million of trigger callable contingent yield notes due Sept. 5, 2025 linked to the worst performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at a rate of 12.56% per year if each index closes at or above its coupon barrier level, 70% of its initial level, every day that period.

The notes will be callable at par of $10 plus any coupon otherwise due on any quarterly observation date other than the final one.

If the notes are not called and each index finishes at or above the 70% coupon barrier, the payout at maturity will be par plus the final coupon.

If any index declines below the coupon barrier but each index finishes at or above the downside threshold level, 55% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performing index from its initial level.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger callable contingent yield notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$29,833,500
Maturity:	Sept. 5, 2025
Coupon:	12.56% per year, payable quarterly if each index closes at or above its barrier level every day that period
Price:	Par of $10
Payout at maturity:	Par plus final coupon if each index finishes at or above coupon barrier; if worst performer finishes below coupon barrier but not below downside threshold, par; otherwise, 1% loss for every 1% decline of worst performing index from its initial level
Call option:	At par plus any coupon due on any quarterly observation date other than final
Initial levels:	2,008.506 for Russell, 4,306.26 for S&P, 14,005.99 for Nasdaq
Coupon barriers:	1,405.954 for Russell, 3,014.38 for S&P, 9,804.19 for Nasdaq; 70% of initial levels
Downside thresholds:	1,104.678 for Russell,2,368.44 for S&P, 7,703.29 for Nasdaq; 55% of initial levels
Pricing date:	March 1
Settlement date:	March 4
Agents:	UBS Financial Services Inc. and Barclays
Fees:	1%
Cusip:	06748B513

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