New Issue: Barclays prices $2 million buffered callable contingent coupon notes on indexes, ETF

By Wendy Van Sickle

Columbus, Ohio, March 8 – Barclays Bank plc priced $2 million of buffered callable contingent coupon notes due March 5, 2020 linked to the Russell 2000 index, the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 8% if each asset closes above its 60% coupon barrier on the observation date for that quarter.

The notes are callable on any coupon payment date.

The payout at maturity will be par unless any asset closes below negative 40%, in which case investors will lose 1.66667% for each 1% the least performing asset falls by more than 40%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered callable contingent coupon notes
Underlying assets:	Russell 2000 index, Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF
Amount:	$2 million
Maturity:	March 5, 2020
Coupon:	8%, payable quarterly if each asset closes above coupon barrier on observation date for quarter
Price:	Par
Call option:	At par on any coupon payment date
Payout at maturity:	Par unless any asset closes below negative 40%, in which case 1.66667% loss for each 1% the least performing asset falls by more than 40%
Initial levels:	1,413.64 for Russell, 3,390.20 for Stoxx; $38.58 for ETF
Barrier levels:	848.28 for Russell, 2,034.12 for Stoxx; $23.15 for ETF; 60% of initial levels
Pricing date:	March 1
Settlement date:	March 6
Agent:	Barclays
Fees:	0.25%%
Cusip:	06741VME9

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