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Published on 5/29/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $194,000 buffered digital plus notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, May 29 – Barclays Bank plc priced $194,000 of 0% buffered digital plus notes due May 30, 2023 linked to the Russell 2000 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 the greater of 24% and the index return, capped at 50%.

Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital plus notes
Underlying index:Russell 2000
Amount:$194,000
Maturity:May 30, 2023
Coupon:0%
Price:Par
Payout at maturity:If the index return is at least negative 15%, par plus the greater of 24% and the index return, capped at 50%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:1,628.22
Pricing date:May 24
Settlement date:May 30
Agent:Barclays
Fees:3.3%
Cusip:06746XB85

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