New Issue: Barclays sells $574,000 digital plus notes on S&P 500, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Oct. 31 – Barclays Bank plc priced $574,000 of 0% digital plus notes due Oct. 31, 2024 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the least performing index finishes at or above its 50% barrier value, the payout at maturity will be par plus the greater of the return of the lesser performing index and 24%. Otherwise, investors will lose 1% for every 1% decline of the least performing index below its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital plus notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$574,000
Maturity:	Oct. 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the least performing index finishes at or above its barrier value, par plus greater of return of lesser-performing index and 24%; otherwise, 1% loss for every 1% decline of the least performing index below its initial level
Initial levels:	3,039.42 for S&P, 1,571.93 for Russell
Barrier values:	1,519.71 for S&P, 785.96 for Russell; 50% of initial levels
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	4.125%
Cusip:	06747NJU9

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