New Issue: Barclays prices $1,345,000 floaters linked to 30-year ICE swap rate

By Sarah Lizee

Olympia, Wash., Feb. 2 – Barclays Bank plc priced $1,345,000 of floating-rate notes due Feb. 6, 2023 linked to the 30-year U.S. dollar ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be equal to the swap rate on the quarterly determination date for that interest period, subject to the minimum interest rate of 0%. Interest will be payable quarterly.

The payout at maturity will be par.

The notes are non-callable.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Floating-rate notes
Amount:	$1,345,000
Maturity:	Feb. 6, 2023
Coupon:	Equal to 30-year U.S. dollar ICE swap rate, subject to 0% floor; payable quarterly
Price:	Par
Payout at maturity:	Par
Call option:	Non-callable
Pricing date:	Jan. 31
Settlement date:	Feb. 6
Underwriter:	Barclays
Fees:	1.15%
Cusip:	06744CS69

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