New Issue: Barclays prices $1.77 million barrier dual directional notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 26 – Barclays Bank plc priced $1.77 million of 0% barrier dual directional notes due March 23, 2029 linked to the performance of the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s final level is greater than its initial level, the payout at maturity will be par plus 300% of the return, subject to a maximum payout of par plus 80%.

If the index’s final level is less than or equal to its initial level but greater than or equal to its barrier level, 70% of its initial level, the payout will be par plus the absolute value of the index’s return.

Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier dual directional notes
Underlying index:	Euro Stoxx 50
Amount:	$1,769,000
Maturity:	March 23, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If the index’s final level is greater than its initial level, par plus 300% of the return, capped at par plus 80%; if the index declines but finishes at or above barrier level, par plus the absolute value of the index’s return; otherwise, 1% loss for every 1% that the index declines from its initial level
Initial level:	5,000.31
Barrier level:	3,500.22; 70% of initial level
Pricing date:	March 20
Settlement date:	March 25
Agent:	Barclays
Fees:	3.85%
Cusip:	06745QCE7

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