New Issue: Barclays sells $405,000 buffered notes tied to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Dec. 24 – Barclays Bank plc priced $405,000 of 4.85% buffered notes due Dec. 24, 2025 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the index return is greater than or equal to negative 15%, the payout at maturity will be par.

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

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered notes
Underlying index:	Russell 2000 index
Amount:	$405,000
Maturity:	Dec. 24, 2025
Coupon:	4.85%, payable quarterly
Price:	Par
Payout at maturity:	If the index return is greater than or equal to negative 15%, par; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:	1,349.23
Pricing date:	Dec. 19
Settlement date:	Dec. 24
Agent:	Barclays
Fees:	3.75%
Cusip:	06747M3D6

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