New Issue: Barclays prices $50,000 buffered SuperTrack notes linked to S&P, Russell

By Angela McDaniels

Tacoma, Wash., Oct. 31 – Barclays Bank plc priced $50,000 of 0% buffered SuperTrack notes due Nov. 3, 2027 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser performing index’s final level is greater than its initial level, the payout at maturity will be par pus 1.42 times that index’s return. If the lesser performing index declines by 20% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the lesser performing index declines beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500 index and the Russell 2000 index
Amount:	$50,000
Maturity:	Nov. 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser performing index’s final level is greater than initial level, par pus 1.42 times that index’s return; if lesser performing index declines by 20% or less, par; otherwise, 1% loss for every 1% that lesser performing index declines beyond 20%
Initial levels:	3,871.98 for S&P and 1,846.863 for Russell
Buffer levels:	3,097.58 for S&P and 1,477.49 for Russell, or 80% of initial levels
Pricing date:	Oct. 31, 2022
Settlement date:	Nov. 3, 2022
Agent:	Barclays
Fees:	0.85%
Cusip:	06748XZD6

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