New Issue: Barclays sells $10.95 million 9.35% trigger callable yield notes on two indexes

By William Gullotti

Buffalo, N.Y., Jan. 11 – Barclays Bank plc priced $10.95 million of 9.35% trigger callable yield notes due April 11, 2024 linked to the S&P 500 index and the Russell 2000 Value index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any coupon payment date after three months.

The payout at maturity will be par unless the least-performing index finishes below its 60% downside threshold level, in which case investors will lose 1% for each 1% decline of the least-performing index from its initial level.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger callable yield notes
Underlying indexes:	Russell 2000 Value index, S&P 500 index
Amount:	$10,951,500
Maturity:	April 11, 2024
Coupon:	9.35% per year, payable monthly
Price:	Par of $10
Payout at maturity:	Par unless least-performing index finishes below downside threshold, in which case 1% loss for each 1% decline of least-performing index from initial level
Call option:	At par on any coupon date after three months
Initial levels:	3,895.08 for S&P, 2,131.266 for Russell Value
Downside thresholds:	2,337.05 for S&P, 1,278.76 for Russell Value; 60% of initial levels
Pricing date:	Jan. 6
Settlement date:	Jan. 11
Agents:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	None
Cusip:	06748D857

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