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Published on 7/10/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.53 million buffered SuperTrack notes tied to S&P 500

By Angela McDaniels

Tacoma, Wash., July 10 – Barclays Bank plc priced $2.53 million of 0% buffered SuperTrack notes due July 11, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus two times the index return, subject to a maximum return of 20%. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index may decline beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:S&P 500
Amount:$2.53 million
Maturity:July 11, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus two times any index gain, subject to 20% maximum return; par if index falls by up to 10%; 1% loss for each 1% drop beyond 10%
Initial index level:2,409.75
Pricing date:July 6
Settlement date:July 11
Agent:Barclays
Fees:None
Cusip:06741VZ88

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