New Issue: Barclays sells $600,000 of 5.5% five-year autocallables tied to Russell

By Susanna Moon

Chicago, July 7 – Barclays Bank plc priced $600,000 of 5.5% autocallable notes June 21, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if the index closes at or above its initial level on any quarterly determination date after one year.

The payout at maturity will be par unless the index finishes below its 70% barrier level, in which case investors will lose 1% for each 1% decline.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying index:	Russell 2000 index
Amount:	$600,000
Maturity:	June 21, 2022
Coupon:	5.5%, payable monthly
Price:	Par
Payout at maturity:	Par unless index finishes below barrier level, in which case 1% for each 1% index decline
Call:	At par if index closes at or above its initial level on any quarterly determination date beginning June
Initial level:	1,406.73
Barrier level:	984.71, 70% of initial level
Pricing date:	June 16
Settlement date:	June 21
Agent:	Barclays
Fees:	None
Cusip:	06741VYU0

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