New Issue: Barclays prices $1.96 million buffered digital notes linked to S&P 500

By Tali Rackner

Norfolk, Va., Dec. 30 – Barclays Bank plc priced $1.96 million of 0% buffered digital notes due June 30, 2020 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be par plus the digital percentage of 19%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital notes
Underlying index:	S&P 500
Amount:	$1,964,000
Maturity:	June 30, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index increases or declines by 15% or less, par plus 19%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:	2,268.88
Pricing date:	Dec. 27
Settlement date:	Dec. 30
Agents:	Barclays
Fees:	3%
Cusip:	06741VES7

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