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Published on 8/8/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $100,000 of buffered SuperTrack notes tied to SPDR S&P Oil

By Susanna Moon

Chicago, Aug. 8 – Barclays Bank plc priced $100,000 of 0% buffered SuperTrack notes due Aug. 5, 2020 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 34.8%.

Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond the 10% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying asset:SPDR S&P Oil & Gas Exploration & Production ETF
Amount:$100,000
Maturity:Aug. 5, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 34.8%; if fund falls by up to 10%, par; otherwise, 1% loss per 1% decline beyond 10%
Initial level:$43.02
Pricing date:July 31
Settlement date:Aug. 3
Agent:Barclays
Fees:1.05%
Cusip:06746XHM8

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