New Issue: Barclays sells $500,000 notes due 2023 on fund, index basket

By Wendy Van Sickle

Columbus, Ohio, Sept. 4 – Barclays Bank plc priced $500,000 of 0% notes due Aug. 31, 2023 linked to an equally weighted basket of three funds and one index, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Vanguard REIT ETF, the Consumer Staples Select Sector SPDR fund, the SPDR S&P Regional Banking ETF and the Euro Stoxx 50 index, each with 25% weights.

The payout at maturity will be par plus 1.25 times any basket gain. If the basket finishes flat or falls, the payout will be par.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Basket components:	Vanguard REIT ETF, the Consumer Staples Select Sector SPDR Fund, the SPDR S&P Regional Banking ETF and the Euro Stoxx 50 index, each with 25% weights
Amount:	$500,000
Maturity:	Aug. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any basket gain; par if basket finishes flat or falls
Initial levels:	$84.24 for Vanguard, $53.91 for Consumer Staples, $63.18 for Regional Banking, 3,447.57 for Stoxx
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Agent:	Barclays
Fees:	4%
Cusip:	06746XNG4

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