New Issue: Barclays sells $1.83 million annual autocallables on S&P 500, oil fund

New York, July 13 – Barclays Bank plc priced $1.83 million of 0% annual autocallable notes due July 15, 2021 linked to the lesser performing index of the S&P 500 index and the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 12.5% if each underlying asset closes at or above its initial level on any of four annual call valuation dates.

If the notes are not called, the payout at maturity will be par plus the digital percentage of 10% unless either underlying asset finishes below its 60% barrier level, in which case investors will lose 1% for each 1% decline of the worse performing component.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying assets:	S&P 500 index, SPDR S&P Oil & Gas Exploration & Production ETF
Amount:	$1,830,000
Maturity:	July 15, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying component finishes at or above 60% barrier, par plus 10%; otherwise, 1% loss for each 1% decline of worse performing component
Call:	At par plus 12.5% per year if each underlying asset closes at or above its initial level on July 11, 2018, July 11, 2019, July 13, 2020 or final valuation date
Initial levels:	2,425.53 for index and $31.41 for ETF
Barrier levels:	1,455.32 for index and $18.85 for ETF; 60% of initial levels
Pricing date:	July 11
Settlement date:	July 18
Agent:	Barclays
Fees:	2.65%
Cusip:	06744CBT7

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