New Issue: Barclays prices $1.93 million digital notes linked to two SPDR ETFs

By William Gullotti

Buffalo, N.Y., Jan. 25 – Barclays Bank plc priced $1.93 million of 0% digital notes due July 12, 2023 linked to the performance of the SPDR S&P Regional Banking ETF and the SPDR S&P Biotech ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each ETF finishes at or above its 70% barrier level, the payout at maturity will be par plus 18%.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying funds:	SPDR S&P Regional Banking ETF
Amount:	$1,925,000
Maturity:	July 12, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each ETF finishes at or above barrier level, par plus 18%; otherwise, full exposure to decline of worst performer from initial level
Initial ETF levels:	$77.27 for Banking, $102.99 for Biotech
Barrier levels:	$54.09 for Banking, $72.09 for Biotech; 70% of initial level
Pricing date:	Jan. 7
Settlement date:	Jan. 12
Agent:	Barclays
Fees:	0.45%
Cusip:	06748X4B4

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