New Issue: Barclays prices $574,000 buffered digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 23 – Barclays Bank plc priced $574,000 of 0% buffered digital notes due Aug. 23, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 12.5%. If the final index level is less than the initial index level but the index return is greater than or equal to negative 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital notes
Underlying index:	S&P 500
Amount:	$574,000
Maturity:	Aug. 23, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, par plus 12.5%; if index declines by 10% or less, par; otherwise, 1% loss for every 1% that index declines beyond 10%
Initial index level:	2,183.87
Pricing date:	Aug. 19
Settlement date:	Aug. 26
Agent:	Barclays
Fees:	1.75%
Cusip:	06741V6Y3

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