Published on 10/26/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $166,000 notes linked to Barclays Trailblazer Sectors 5 index
By Angela McDaniels
Tacoma, Wash., Oct. 26 – Barclays Bank plc priced $166,000 of 0% notes due May 5, 2025 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 3 times the index return. If the index return is zero or negative, the payout will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Notes
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| Underlying index: | Barclays Trailblazer Sectors 5 index
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| Amount: | $166,000
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| Maturity: | May 5, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 3 times index return; if index return is zero or negative, par
|
| Initial level: | 200.4509
|
| Pricing date: | Oct. 31, 2022
|
| Settlement date: | Nov. 3, 2022
|
| Agent: | Barclays
|
| Fees: | 1%
|
| Cusip: | 06748XXK2
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