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Published on 1/27/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.24 million digital notes due 2018 linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Jan. 27 – Barclays Bank plc prices $4.24 million of 0% digital notes due July 27, 2018 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 14.56%.

If the index falls by up to its barrier level, 80% of its initial level, investors will receive par. Investors will be fully exposed to the loss if the index falls by more than 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Digital notes
Underlying index:Russell 2000
Amount:$4,235,000
Maturity:July 27, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index finishes at or above initial level, par plus 14.56%; if the index falls by up to 20%, par; otherwise, full exposure to loss
Initial index level:1,369.21
Pricing date:Jan. 24
Settlement date:Jan. 27
Agents:Barclays
Fees:1.5%
Cusip:06741VHG0

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