Published on 8/29/2022 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.56 million notes on Barclays Trailblazer Sectors
Chicago, Aug. 29 – Barclays Bank plc priced $1.56 million of 0% notes due Jan. 25, 2029 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.75times the index return if the index finishes at or above 100% of its initial level.
Otherwise, investors will receive par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | Barclays Trailblazer Sectors 5
|
| Amount: | $1,588,000
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| Maturity: | Jan. 25, 2029
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.75 times return of index if positive; otherwise, par
|
| Initial level: | 215.3538
|
| Pricing date: | Jan. 21
|
| Settlement date: | Jan. 26
|
| Agent: | Barclays
|
| Fees: | 4.25%
|
| Cusip: | 06748X3A7
|
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