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Published on 5/18/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2.64 million digital notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., May 18 – Barclays Bank plc priced $2.64 million of 0% digital notes due June 13, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is at least negative 15%, the payout at maturity will be par plus 8.15%.

If the index return is less than negative 15%, investors will be fully exposed to the index decline.

Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

Issuer:Barclays Bank plc
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$2.64 million
Maturity:June 13, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If the index return is at least negative 15%, par plus 8.15%; otherwise, full exposure to losses
Initial index level:3,637.52
Barrier level:3,091.89, 85% of initial level
Pricing date:May 12
Settlement date:May 17
Agents:Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:1.04%
Cusip:06741VVJ8

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