New Issue: Barclays sells $1 million buffered digital plus notes on Invesco QQQ

By Marisa Wong

Los Angeles, June 26 – Barclays Bank plc priced $1 million of 0% buffered digital plus notes due June 14, 2024 linked to the Invesco QQQ Trust, Series 1, according to a 424B2 filing with the Securities and Exchange Commission.

If the asset return is greater than or equal to negative 15%, the payout at maturity will be par plus the greater of 8% and the asset return, up to a maximum return of 30%. Otherwise, investors will lose 1% for every 1% that the asset declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying asset:	Invesco QQQ Trust, Series 1
Amount:	$1 million
Maturity:	June 14, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If asset return is greater than or equal to negative 15%, par plus greater of 8% and asset return, up to a maximum return of 30%; otherwise, 1% loss for every 1% that asset declines beyond 15%
Initial value:	$234.02
Buffer value:	$198.92, 85% of initial value
Pricing date:	June 11
Settlement date:	June 16
Agent:	Barclays
Fees:	3.6%
Cusip:	06747PYF0

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