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Published on 8/8/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $11.1 million trigger jump securities tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – Barclays Bank plc priced $11.1 million of 0% trigger jump securities due Aug. 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index finishes at or above its trigger level, 85% of the initial level, the payout at maturity will equal par of $10 plus the greater of the return and the fixed payment percentage of 25.5%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline from the initial level.

Barclays is the agent, with Morgan Stanley Wealth Management as dealer.

Issuer:Barclays Bank plc
Issue:Trigger jump securities
Underlying index:Euro Stoxx 50
Amount:$11,096,810
Maturity:Aug. 5, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If the index finishes at or above its trigger level, par plus the greater of the return and 25.5%; par if index falls by up to 10%; otherwise, investors will lose 1% for each 1% decline from the initial level
Initial index level:3,449.36
Trigger value:3,104.42, 90% of initial level
Pricing date:July 31
Settlement date:Aug. 5
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:2.5%
Cusip:06746L307

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