New Issue: Barclays prices $703,000 barrier SuperTrack notes on SPDR ETF

By Kiku Steinfeld

Chicago, Sept. 28 – Barclays Bank plc priced $703,000 of 0% barrier SuperTrack notes due March 20, 2025 linked to the SPDR S&P Regional Banking ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any ETF gain, up to a maximum payout of par plus 61%.

Investors will receive par if the ETF falls by up to 20% and will be fully exposed to any losses if the ETF finishes below its 80% barrier level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier SuperTrack notes
Underlying ETF:	SPDR S&P Regional Banking ETF
Amount:	$703,000
Maturity:	March 20, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any ETF gain, up to a maximum payout of par plus 61%; if ETF falls by up to 20%, par; otherwise, full exposure to any losses
Initial level:	$46.21
Barrier level:	$36.97, 80% of initial level
Pricing date:	March 16, 2023
Settlement date:	March 21, 2023
Agent:	Barclays
Fees:	0.75%
Cusip:	06749NXQ0

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