New Issue: Barclays prices $18.81 million Accelerated Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Nov. 29 – Barclays Bank plc priced $18.81 million of 0% Accelerated Return Notes due Jan. 27, 2023 linked to an international equity basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with an initial weight of 40%, the FTSE 100 index and the Nikkei Stock Average index each with an initial weight of 20%, the Swiss Market index and the S&P/ASX 200 index each with an initial weight of 7.5% and the FTSE China 50 index with an initial weight of 5%.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payout of par plus 13.82%. Investors will be exposed to any index decline.

BofA Securities, Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying basket:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight), FTSE China 50 (5% weight)
Amount:	$18,806,960
Maturity:	Jan. 27, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 13.82%; exposure to any index decline
Initial index levels:	4,283.82 for Stoxx, 7,266.69 for FTSE, 29,302.66 for Nikkei, 12,366.73 for Swiss, 7,410.565 for S&P/ASX, 17,782.77 for FTSE China 50
Final index level:	Average of index’s closing levels on five trading days ending Jan. 19, 2023
Pricing date:	Nov. 23
Settlement date:	Dec. 1
Underwriter:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	06747Y555

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