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Published on 1/2/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $829,100 capped buffer gears on iShares MSCI Emerging Markets

By Wendy Van Sickle

Columbus, Ohio, Jan. 2 – Barclays Bank plc priced $829,100 of 0% capped buffer gears due June 30, 2020 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is greater than zero, the payout at maturity will be par of $10 plus 2 times the fund return, subject to a maximum gain of 23.6%. Investors will receive par if the fund declines by 10% or less and lose 1% for every 1% that the ETF declines beyond 10%.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:Barclays Bank plc
Issue:Capped buffer gears
Underlying ETF:iShares MSCI Emerging Markets ETF
Amount:$829,100
Maturity:June 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If the fund return is greater than zero, par plus 2 times the fund return, subject to a maximum gain of 23.6%; par if the fund declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial price:$38.92
Downside threshold:$35.03, 90% of initial price
Pricing date:Dec. 26
Settlement date:Dec. 31
Agents:UBS Financial Services Inc. and Barclays Capital Inc.
Fees:0%
Cusip:06746V313

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