Barclays plans capital at-risk steepener notes tied to ICE swap rates

By Susanna Moon

Chicago, Sept. 7 – Barclays Bank plc plans to price capital at-risk steepener notes due Sept. 27, 2021 linked to the spread between the 30-year U.S. dollar ICE swap rate and the two-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the reference rate up to a maximum rate of 0.6%.

Barclays is the agent.

The notes will price on Sept. 24.

The Cusip number is 06746XP72.

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