iPath Select MLP ETN 424B Filings

Barclays Bank PLC is offering preliminary terms for unsecured Autocallable Fixed Coupon Notes due December 9, 2027, linked to the worst performer of NVIDIA (NVDA) and Alphabet Class A (GOOGL). The notes pay a fixed coupon of 13.90% per annum, or $34.75 per $1,000 each quarter, and may be automatically called if on a call date both stocks are at or above 100% of their initial values, returning $1,000 plus the coupon.

If the notes are not called, principal repayment at maturity depends on the least performing stock. Full principal is repaid only if its final value is at least 60% of its initial value; otherwise, investors take a one-for-one loss with that stock and can lose up to 100% of principal, with possible physical share delivery. The notes are senior unsecured obligations of Barclays, subject to its credit risk and potential U.K. Bail-in Power. The initial issue price is $1,000, while Barclays’ estimated value is expected between $914.10 and $964.10 per note.

Barclays Bank PLC is offering unsecured, unsubordinated Buffered Callable Contingent Coupon Notes due February 28, 2029, linked to the least performing of the S&P 500, Russell 2000, EURO STOXX 50 and Nikkei 225 indices. The notes pay a contingent coupon of $10.50 per $1,000 (a 12.60% per annum rate) only if on each Observation Date every index stays at or above its 70.00% Coupon Barrier.

If not called and at maturity the worst-performing index is at or above its 70.00% Buffer Value, investors receive full principal back; if it is below, repayment is reduced by 1.428571% of principal for every 1.00% the index is below -30.00%, up to a total loss. The notes can be redeemed early at the issuer’s option, will not be listed on an exchange, have an estimated initial value below the $1,000 issue price, and are subject to Barclays’ credit risk and the potential exercise of U.K. Bail-in Power.

Barclays Bank PLC is offering $5,000,000 of Trigger Jump Securities linked to the worse performing of the Russell 2000® Index and the S&P 500® Index, maturing on December 2, 2026. These unsecured, unsubordinated notes pay no interest and do not guarantee repayment of principal.

If on the valuation date each index is at or above 70% of its initial value, holders receive $1,000 per security plus a fixed return of 9.60%, regardless of how much either index has risen. If either index closes below 70% of its initial value, the payment falls in line with the percentage performance of the worse performing index, and can be reduced to zero.

The notes are subject to the credit risk of Barclays Bank PLC and to potential exercise of the U.K. Bail-in Power, which can reduce, convert, or cancel the securities. They will not be listed on any exchange, initial issue price per security is $1,000, and proceeds to the issuer are reduced by selling commissions and fees.

Barclays Bank PLC is issuing $1,897,000 of Capped Leveraged Buffered S&P 500 Index-Linked Global Medium-Term Notes, Series A, due July 21, 2027. Each note has a $1,000 face amount, no interest payments, and cash settlement tied to S&P 500 performance from November 19, 2025 to July 19, 2027.

Investors get 150.00% upside participation if the index rises, but returns are capped at a maximum settlement amount of $1,214.50 per $1,000, corresponding to a cap level of 114.30% of the initial index level of 6,642.16. If the index falls but remains above the 87.50% buffer level (a 12.50% decline), principal is returned; below that, losses increase about 1.1429% for every 1% drop under the buffer, up to a total loss.

The notes are unsecured and unsubordinated obligations of Barclays Bank PLC, subject to its credit risk and the potential exercise of U.K. Bail-in Power, and are not FDIC-insured. They will not be listed on any exchange, their estimated value on the trade date is lower than the $1,000 issue price, and secondary market liquidity is not assured.

Barclays Bank PLC is offering unsecured AutoCallable Notes due December 2, 2030, linked to the least performing of the S&P 500 Index, Nasdaq-100 Index and VanEck Semiconductor ETF. The notes can be automatically called on scheduled dates starting about one year after issuance if all three reference assets are at or above their call values.

If an automatic call occurs, investors receive $1,000 plus a call premium of $145 per $1,000 principal amount for each year (or quarter-year fraction) elapsed, based on a 14.50% per annum rate, with hypothetical scenarios showing up to a 72.50% maximum total return. If the notes are not called and the worst-performing reference asset finishes below its 65.00% barrier, repayment of principal is reduced one-for-one with that decline, down to zero.

The notes do not pay coupons, do not provide dividends or voting rights on the underlying assets, will not be listed on any exchange and may be hard to sell. They are subject to Barclays’ credit risk and to the exercise of U.K. Bail-in Power, and Barclays’ own models estimate an initial value between $864.30 and $944.30 per $1,000, below the issue price.

Barclays Bank PLC is offering AutoCallable Notes due December 7, 2028 linked to the least performing of the S&P 500 Index, Russell 2000 Index and Dow Jones Industrial Average. The notes can be automatically called on specified dates starting about one year after issuance if each index is at or above its initial level, paying $1,000 plus a Call Premium based on a $141.50 periodic premium per $1,000, equivalent to 14.15% per annum. If not called, principal is repaid at maturity only if the worst index stays at or above 70% of its initial level; below this 70% barrier, repayment is reduced in line with the index loss, down to zero. The notes are unsecured, unsubordinated obligations of Barclays and are subject to U.K. Bail-in Power, meaning a resolution authority can write down, convert or modify the notes in stress scenarios. Barclays’ estimated value on the pricing date is expected to be between $914.60 and $974.60 per $1,000, less than the initial issue price.

Barclays Bank PLC is offering Autocallable Fixed Coupon Notes due November 30, 2028, linked to the Class A common stock of Snowflake Inc. (SNOW). The Notes pay fixed quarterly coupons of $25 per $1,000 (a 10.00% per annum rate) regardless of Snowflake’s share performance while outstanding. Starting about one year after issuance, if Snowflake’s closing price on any Call Valuation Date is at or above the Call Value (100% of the Initial Value), the Notes are automatically redeemed at $1,000 plus the coupon, and no further payments are made.

If the Notes are not called and the Final Value of Snowflake’s stock on the Final Valuation Date is at or above the Barrier Value (50% of the Initial Value), investors receive $1,000 per Note at maturity plus the final coupon. If the Final Value is below the Barrier Value, repayment is reduced in line with Snowflake’s negative return, and investors can lose up to 100% of principal (excluding coupons). The Notes are unsecured, unsubordinated obligations of Barclays, subject to Barclays’ credit risk and consent to the exercise of any U.K. Bail-in Power, will not be listed on any exchange, and have an estimated value on the Initial Valuation Date of $894.40–$954.40 per $1,000 before fees and dealer compensation.

Barclays Bank PLC is offering $500,000 of Buffered Autocallable Fixed Coupon Notes due May 21, 2027, linked to the least performing of Uber (UBER), NVIDIA (NVDA) and Citigroup (C). The Notes pay fixed coupons of $28.875 per $1,000 (an annual rate of 11.55%) on scheduled dates and may be automatically called if, on a call valuation date, each stock’s closing value is at or above its initial value, returning $1,000 per Note plus the applicable coupon.

If the Notes are not called and the worst-performing stock is at or above 70% of its initial value at maturity, investors receive full principal back plus the final coupon. If the least performing stock finishes below the 30% buffer, repayment is reduced using a 1.428571 downside leverage factor and investors can lose up to 100% of principal, potentially receiving shares instead of cash if Barclays elects physical settlement. The Notes are unsecured, unsubordinated obligations subject to U.K. Bail-in Power, are not insured, will not be listed on an exchange, and had an estimated value of $960.10 per $1,000 on the initial valuation date.

Barclays Bank PLC is issuing $1,065,000 of Phoenix AutoCallable Notes due November 24, 2027, linked to the least performing of Ford (F), General Motors (GM) and Tesla (TSLA). The notes pay a contingent coupon of $23.333 per $1,000 (2.3333% per period, 28.00% per year) only when on an observation date each stock is at or above 60% of its initial price. The issuer can automatically call the notes on specified call dates if all three stocks are at or above 100% of their initial value, redeeming at $1,000 per note plus the applicable coupon.

If the notes are not called and at maturity the worst-performing stock is at or above 60% of its initial level, investors receive $1,000 per note. If it is below 60%, the payoff is reduced in line with that stock’s loss, up to a total loss of principal. The initial issue price is $1,000 per note versus an estimated fair value of $970.50, reflecting commissions, hedging and structuring costs. Payments depend on Barclays’ credit and are also subject to U.K. Bail-in Power, meaning regulators could write down or convert the notes in a resolution scenario.

Barclays Bank PLC is offering $987,000 of unsecured, unsubordinated structured notes linked to Caterpillar (CAT), Alphabet (GOOGL) and Visa (V). The notes have a three-year term from an Initial Valuation Date of November 19, 2025 to a Maturity Date of November 24, 2028, in $1,000 denominations.

Investors may receive a contingent coupon of $25 per $1,000 note (10.00% per annum, 2.50% per quarter) on each quarterly Contingent Coupon Payment Date, but only if on the related Observation Date the Closing Value of each underlier is at or above its Coupon Barrier Value, set at 65.00% of its Initial Underlier Value. Missed coupons can be “caught up” later if the barrier is met.

Beginning with the second Observation Date, if all underliers are at or above their Initial Underlier Values, the notes are automatically redeemed for $1,000 plus the applicable coupon and any unpaid coupons. If not called, principal repayment at maturity depends on the Least and Best Performing underliers versus 60.00% Barrier Values and initial levels, and investors can lose a significant portion or up to 100% of principal. Payments depend on Barclays’ credit and are subject to U.K. Bail-in Power; the notes are not insured, not bank deposits, and will not be listed on an exchange. The initial issue price is 100% of principal, with a 2.10% selling commission (97.90% net to Barclays).

Barclays Bank PLC is offering market-linked, auto-callable notes tied to the worst performer of Amazon, Alphabet Class C and Microsoft common stock, maturing December 8, 2027. Each security has a $1,000 principal amount, original offering price of $1,000, agent discount of $23.25 and proceeds to Barclays of $976.75 per security.

These notes pay a contingent monthly coupon at a per annum rate of at least 16.40% only if, on the relevant calculation day, the lowest performing stock is at or above its threshold price, set at 70% of its starting price. Missed coupons may be paid later through a memory feature. The notes are auto-callable from June 2026 if the lowest performing stock is at or above its starting price, returning principal plus due coupons.

If not called, and the worst stock on the final observation date is at or above its threshold, investors receive back principal; if it is below, repayment is reduced in line with that stock’s decline, with the possibility of losing all principal. Payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power.

Barclays Bank PLC is offering Buffered Supertrack Notes linked to the S&P 500 Index, maturing on February 25, 2027. Each Note has a $1,000 principal amount. At maturity, if the S&P 500 final level is at or above its initial level of 6,538.76, investors receive $1,000 plus leveraged upside of 1.50x, capped at a 14.30% maximum return (a total of $1,143 per Note).

If the index falls but stays at or above the buffer value of 5,231.01 (a 20.00% buffer), principal is repaid in full. Below that buffer, losses are magnified by a 1.25x downside factor, so a 30% decline from the initial level would generate a 12.5% loss, and a 60% decline would generate a 50% loss. Investors can lose their entire principal.

The Notes are unsecured and unsubordinated obligations of Barclays Bank PLC, subject to U.K. Bail-in Power, and will not be listed on any exchange. The initial issue price is $1,000, while Barclays’ estimated value on the initial valuation date is expected to be between $946.50 and $996.50 per Note, reflecting internal funding rates, hedging costs, fees and expected profit.

Barclays Bank PLC is issuing unsecured notes linked to the S&P 500 Index that pay no interest and do not guarantee full principal repayment. Each $1,000 note offers a fixed 23.60% return at maturity if the index’s final value is at or above a barrier set at 75.00% of the initial level (4,981.62 versus an initial 6,642.16).

If the S&P 500 closes below the barrier on the final valuation date, repayment is reduced one-for-one with the index loss, and investors can lose up to 100% of principal. The initial issue totals $1,000,000, with a 0.60% selling commission and an estimated note value on the pricing date below the $1,000 issue price.

Payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power, which can result in write-down, conversion, or cancellation of the notes without investor consent. The notes are not listed on an exchange, may have limited secondary liquidity, and are intended only for investors who understand the payoff, tax treatment as prepaid forward contracts, and associated risks.

Barclays Bank PLC is offering unsecured, unsubordinated Callable Contingent Coupon Notes due November 29, 2029, linked to the worst performer of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index. The notes pay a contingent coupon of $7.792 per $1,000 (a 9.35% per annum rate) only on observation dates when the closing level of each index is at or above 70% of its initial value.

If the notes are not called and the final value of the worst-performing index is at least 60% of its initial value, investors receive full principal back at maturity. If it is below 60%, repayment is reduced one-for-one with the index loss, up to a total loss of principal. Barclays may redeem the notes, in whole, after roughly three months on specified call dates at 100% of principal plus any due coupon.

The notes are not listed, may have limited or no secondary market, and are subject to Barclays’ credit risk and the potential exercise of U.K. Bail-in Power. The initial issue price is $1,000 per note, while Barclays’ estimated value on the initial valuation date is expected to range from $906.30 to $976.30 per note, reflecting fees, hedging and structuring costs.

Barclays Bank PLC is offering unsecured, unsubordinated structured Notes linked to the Class C common stock of Dell Technologies Inc. The Notes pay no coupons and do not guarantee a return of principal.

At maturity on December 24, 2026, for each $1,000 Note you receive $1,000 plus a fixed digital return if Dell’s final share value is at or above the barrier of $71.63, which is 60% of the initial value of $119.38. The digital percentage will be at least 17.90%, so the payout in that case would be at least $1,179 per $1,000 Note, regardless of how much Dell’s stock has risen.

If Dell’s final share value is below the barrier, repayment is reduced one-for-one with the stock’s decline from the initial value, so you can lose a significant portion or all of your investment. The Notes are not listed, are subject to Barclays’ credit risk and to potential U.K. Bail-in Power, and the bank discloses that its internal estimated value on the pricing date will be less than the $1,000 issue price.

Barclays Bank PLC is offering S&P 500® Index-linked Global Medium-Term Notes, Series A, that pay no interest and provide a digital payoff at maturity. For each $1,000 face amount, if the S&P 500® final level is at least 90.00% of its initial level, investors receive a maximum settlement amount expected to match the threshold settlement amount, between $1,093.70 and $1,109.90. If the final index level is below 90.00% of the initial level, the notes lose value on a leveraged basis, and investors can lose their entire principal. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, subject to its credit risk and the potential exercise of U.K. Bail-in Power, are not FDIC insured, and will not be listed on any exchange. The initial issue price is 100% of face amount, with a 1.17% agent’s commission and 98.83% of face amount in proceeds to Barclays, and the estimated value on the trade date is expected to be lower than the issue price.

Barclays Bank PLC is offering AutoCallable Contingent Coupon Notes due November 26, 2027, linked to the least performing of Home Depot (HD), Block (XYZ) and Blackstone (BX). The Notes pay a contingent coupon of $12.917 per $1,000 (15.50% per annum) only when, on an Observation Date, each stock closes at or above 50% of its Initial Value. Starting around six months after issuance, the Notes are automatically called if on a Call Valuation Date all three stocks are at or above 100% of their Initial Values, returning $1,000 plus due coupons.

If the Notes are not called and, at maturity, the least performing stock is at or above 50% of its Initial Value, principal is repaid; otherwise repayment is reduced one-for-one with that stock’s decline, up to a total loss. The Notes are unsecured, unsubordinated obligations of Barclays, subject to U.K. Bail-in Power, not listed on any exchange, and have an estimated value of $902.30–$952.30 per $1,000, below the $1,000 issue price.

Barclays Bank PLC is offering unsecured Barrier Digital Notes linked to the common stock of Hewlett Packard Enterprise Company. The Notes do not pay interest and do not guarantee return of principal.

Each $1,000 Note pays $1,000 plus a fixed digital return of at least 14.40% at maturity if the Final Underlier Value is at or above the Barrier Value. The Barrier Value is $12.36, equal to 60.00% of the Initial Underlier Value of $20.60.

If the Final Underlier Value is below the Barrier Value, repayment is $1,000 plus the Underlier Return, so investors are fully exposed to any decline in HPE’s stock from the Initial Underlier Value and may lose their entire investment. The Notes are unsecured, unsubordinated obligations of Barclays Bank PLC, subject to its credit risk and to potential exercise of U.K. Bail-in Power, and will not be listed on any U.S. securities exchange.

Barclays Bank PLC is offering $860,000 of unsecured Market Linked Securities tied to the common stock of Micron Technology, Inc., maturing on December 7, 2026. Each security has a $1,000 principal amount and offers a contingent fixed return of 36% (or $360) if the ending Micron stock price on the calculation day is at or above the threshold price of $171.375, which is 75% of the starting price of $228.50. If the ending price is below the threshold, the maturity payment becomes $1,000 plus $1,000 times the stock return, so investors can lose more than 25% and up to all principal. The notes are unsecured and unsubordinated obligations of Barclays, are subject to U.K. Bail-in Power, are not deposits, and are not insured by the FDIC or similar schemes. Barclays discloses that its estimated value on the pricing date is lower than the original offering price, reflecting commissions, hedging and structuring costs.

Barclays Bank PLC is offering Barrier Market Linked Notes linked to the SPDR® Gold Trust (GLD), maturing on or about December 1, 2027. Each Note has a $1,000 principal amount and does not pay periodic interest.

If a Barrier Event occurs during the observation period, meaning GLD’s closing price rises above an Upper Barrier set between 131.00% and 133.00% of the Initial Underlying Price, holders receive $1,000 plus a fixed Conditional Return of 8.00% at maturity. In this case, the maximum payment per Note is between $1,310.00 and $1,330.00, regardless of how high GLD trades.

If no Barrier Event occurs and GLD’s return is positive, the maturity payment is $1,000 plus the actual Underlying Return, with no stated cap below the barrier. If no Barrier Event occurs and the Underlying Return is zero or negative, only the $1,000 principal is repaid, so there is no positive return. Any payment depends on the credit of Barclays Bank PLC and is subject to potential U.K. Bail-in Power and limited secondary market liquidity.

Barclays Bank PLC is offering principal-at-risk Trigger Jump Securities linked to the worse performing of the Russell 2000® Index and the S&P 500® Index, maturing on March 8, 2027. Each security has a $1,000 stated principal amount and pays no interest. At maturity, if the final value of each index is at least 80% of its initial value, investors receive $1,000 plus a fixed upside return of at least 12.50%. If either index finishes below its 80% trigger, the payout is $1,000 multiplied by the performance of the worse performing index, so losses move 1:1 with that decline and can reach 100% of principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to U.K. Bail-in Power, will not be listed on any exchange, and their estimated value on the pricing date will be less than the $1,000 issue price.

Barclays Bank PLC is offering unsecured AutoCallable Contingent Coupon Notes due November 30, 2028 linked to the common stock of Blackstone Inc. (BX). The notes pay a contingent coupon of $30.875 per $1,000 (3.0875% per quarter, based on a 12.35% per annum rate) only if BX’s closing value on each Observation Date is at or above a coupon barrier set at 70% of the initial share price. The notes are automatically called, and pay the $1,000 principal plus applicable coupons, if on any Call Valuation Date BX is at or above 100% of its initial value.

If the notes are not called and, at maturity, BX is at or above a barrier of 60% of the initial value, investors receive $1,000 per note (plus any due coupons). If BX finishes below the 60% barrier, repayment is reduced one‑for‑one with BX’s loss, and investors can lose their entire principal. The notes are unsecured, unsubordinated obligations of Barclays, not listed on any exchange, and are explicitly subject to potential U.K. Bail‑in Power. The initial issue price is $1,000, with an estimated value between $890.60 and $950.60 per note and selling commissions up to 2.10%.

Barclays Bank PLC is offering $2,904,000 of Market Linked Securities that are unsecured, unsubordinated notes linked to the lowest performer of the Russell 2000® Index, S&P 500® Index and EURO STOXX 50® Index, maturing on May 23, 2030. Each security has a $1,000 principal amount and an original offering price of $1,000, with proceeds to Barclays of $986.75 per security after a $13.25 agent discount.

The notes pay a 10.60% per annum contingent coupon, calculated quarterly, only if on every eligible trading day in the observation period the lowest-performing index is at or above 70% of its starting level. If this condition is not met even once in a period, no coupon is paid for that quarter, and investors never participate in any index upside.

Barclays can redeem the notes early on quarterly optional redemption dates at par plus any due coupon. If held to maturity and not redeemed, investors receive $1,000 per security only if the final level of the lowest-performing index is at or above its 70% threshold; otherwise, repayment is reduced in proportion to the index decline and can fall to zero. The notes are subject to Barclays’ credit risk and potential U.K. Bail-in Power, and the issuer’s estimated value on the pricing date is less than the $1,000 offering price.

Barclays Bank PLC is offering $1,150,000 of Global Medium‑Term Notes, Series A, as market-linked securities tied to the Class A common stock of Robinhood Markets, Inc. (HOOD), maturing on December 7, 2026. Each security has a $1,000 principal amount.

At maturity, investors receive either $1,000 plus a contingent fixed return of 38% ($380) if the Robinhood share price on the calculation day is at or above the threshold price of $85.725, or $1,000 plus $1,000 multiplied by the stock return if it is below that level, which can result in losses greater than 25% and potentially a full loss of principal.

The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, subject to the credit risk of the issuer and to potential exercise of U.K. Bail‑in Power. The original offering price is $1,000 per security, with agent discounts reducing proceeds to Barclays to $976.75 per security.

Barclays Bank PLC is offering unsecured, unsubordinated structured notes linked to CoreWeave, Robinhood Markets and Western Digital, with a total initial issue of $733,000 in $1,000 denominations. The notes pay a 10.00% per annum contingent coupon, or $8.333 per $1,000 each month, but only if on an Observation Date the closing value of each stock is at or above its Coupon Barrier, set at 80% of its Initial Underlier Value. Starting with the third Observation Date, the notes are automatically redeemed if each stock is at or above its initial value, returning $1,000 plus that month’s coupon. If not redeemed, investors receive $1,000 per note at maturity plus any coupon then due, subject to Barclays’ credit and the potential exercise of U.K. Bail-in Power. The notes are not listed, may have limited liquidity and have an estimated value below the $1,000 issue price.

Barclays Bank PLC is offering market-linked notes tied to three major U.S. equity ETFs: the DIA Fund, QQQ Fund and SPY Fund. The notes have a minimum denomination of $1,000, an issue date of November 21, 2025 and mature on November 24, 2028, with a total initial issue of $1,521,000.

Holders can receive a contingent coupon of $6.50 per $1,000 (a 7.80% annual rate) on each observation date if the closing value of each underlier is at or above its coupon barrier, set at 70.00% of its initial value. If any underlier is below its barrier on an observation date, no coupon is paid for that period.

At maturity, if the final value of the least performing underlier is at or above its barrier, investors receive $1,000 per note plus any due coupon. If it is below the barrier, repayment is reduced in line with that underlier’s loss, potentially down to zero. Payments depend on the credit of Barclays Bank PLC and are also subject to possible use of the U.K. Bail-in Power by the relevant resolution authority.

Barclays Bank PLC is offering AutoCallable Contingent Coupon Notes due November 26, 2027 linked to the least performing of the Nasdaq-100, S&P 500 and Russell 2000 indices. The notes pay a contingent coupon of $6.458 per $1,000 (0.6458% per month, 7.75% per year) only if on each observation date all three indices are at or above 70% of their initial level. The notes can be automatically called starting around six months after issuance if, on specified call dates, all indices are at or above 100% of their initial level, in which case investors receive $1,000 per note plus due coupons.

If the notes are not called and at maturity the least performing index is at or above 50% of its initial level, investors receive their $1,000 principal back; if it is below 50%, repayment is reduced one-for-one with the index loss, up to a total loss of principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to U.K. bail-in powers, will not be listed on an exchange, and have an estimated initial value between $931.20 and $981.20 per $1,000 note, below the issue price.

Barclays Bank PLC is offering Contingent Income Auto-Callable Securities due December 1, 2028 linked to the common stock of Exxon Mobil Corporation (XOM). These are unsecured, unsubordinated, principal-at-risk notes that pay a contingent quarterly coupon of at least $26.875 per $1,000 (at least 2.6875% of stated principal) only if, on a determination date, the XOM closing price is at or above 80% of the initial share price, called the downside threshold.

If on any non-final determination date XOM closes at or above its initial value, the notes are automatically redeemed for $1,000 plus the coupon, and no further payments are made. If the notes are not called and, on the final determination date, XOM is at or above the downside threshold, investors receive $1,000 plus the final coupon. If XOM is below the downside threshold at maturity, the payoff is $1,000 multiplied by the stock performance, so investors lose 1% of principal for every 1% decline from the initial value and can lose their entire investment.

Investors do not participate in any upside of XOM beyond the coupons, face market risk in the stock, and take on the credit and U.K. Bail-in risk of Barclays Bank PLC. The notes will not be listed on any securities exchange, and secondary market prices may be lower than the issue price.

Barclays Bank PLC is offering Phoenix AutoCallable Notes linked to the common stock of Tesla, Inc., maturing on December 1, 2027. The Notes pay a quarterly contingent coupon of $15.25 per $1,000 (a rate of 18.30% per annum) only if Tesla’s share price on each Observation Date is at or above a coupon barrier set at 60% of the Initial Value.

The Notes can be automatically called as early as about three months after issuance if Tesla’s stock is at or above 100% of the Initial Value on a Call Valuation Date, in which case holders receive $1,000 plus the applicable coupon and the Notes terminate. If the Notes are not called and, at maturity, Tesla’s Final Value is below the 60% barrier, repayment of principal is reduced one-for-one with Tesla’s decline, down to a total loss.

The initial issue price is $1,000 per Note, with up to 2.35% in selling commissions; Barclays’ own models estimate the value on the pricing date between $902.90 and $952.90 per Note. The Notes are unsecured, unsubordinated obligations of Barclays, are subject to U.K. bail-in powers, and will not be listed on any securities exchange.

Barclays Bank PLC is offering $3,524,000 of unsecured AutoCallable Contingent Coupon Notes due November 24, 2028, linked to the worst performer of Alphabet (GOOG), Oracle (ORCL), Apple (AAPL) and Tesla (TSLA). The notes pay contingent coupons of $14.625 per $1,000 (17.55% per annum) only if on an Observation Date each stock is at or above its 50% coupon barrier. The notes may be automatically called, starting around six months after issue, if on a Call Valuation Date all stocks are at or above their initial values, returning $1,000 plus any due coupons.

If the notes are not called and the worst-performing stock on the Final Valuation Date is at or above 50% of its initial value, investors receive $1,000 per note (plus any due coupons). If it is below that barrier, repayment is reduced one-for-one with that stock’s loss, and up to 100% of principal can be lost. The initial issue price is $1,000 per note, with an estimated value of $923.10. Payments depend on Barclays’ credit and are subject to potential U.K. bail-in powers; the notes are not insured and will not be listed on an exchange.

Barclays Bank PLC is offering Contingent Income Auto-Callable Securities due December 1, 2028, linked to the common stock of Palo Alto Networks, Inc. (PANW). Each $1,000 security can pay a contingent quarterly coupon of at least $27.125 (at least 2.7125% of principal) if, on the relevant determination date, PANW’s closing price is at or above a downside threshold set at 65% of the initial share price.

If on any non-final determination date PANW closes at or above its initial price, the notes are automatically redeemed for $1,000 plus the coupon for that quarter, and no further payments are made. If the notes are not called and, at maturity, PANW is at or above the downside threshold, investors receive $1,000 plus the final coupon.

If the final PANW price is below the downside threshold, repayment is reduced 1% for every 1% decline from the initial price, which can result in a payment of less than 65% of principal and possibly zero. Payments depend on the creditworthiness of Barclays and are also subject to potential U.K. Bail-in Power.

Barclays Bank PLC is offering $12,332,000 of unsecured AutoCallable Contingent Coupon Notes due November 24, 2028, linked to the worst performer of Alphabet Class A (GOOGL) and NVIDIA (NVDA). The notes pay a contingent quarterly coupon of $30.70 per $1,000 (a 12.28% per annum rate) only if, on each observation date, both stocks are at or above 50% of their initial values. The notes can be automatically called as early as February 2026 if both shares are at or above their initial levels, in which case investors receive $1,000 plus the applicable coupon and any unpaid coupon amounts. At maturity, if not called, principal is repaid in full only if the worst-performing stock is at or above 50% of its initial value; otherwise repayment is reduced 1-for-1 with that stock’s loss, down to a possible total loss. The initial estimated value is $955.60 per $1,000 note, and all payments are subject to Barclays’ credit and potential U.K. bail-in powers.

Barclays Bank PLC is offering unsecured Callable Contingent Coupon Notes due November 30, 2028, linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Nikkei 225 Index. The notes pay a contingent quarterly coupon of 11.50% per annum ($28.75 per $1,000) only if on each observation date all three indices are at or above 70% of their initial levels.

If the notes are not called and at maturity the worst-performing index is at or above 65% of its initial level, investors receive $1,000 per $1,000 note (plus any final coupon). If the worst index finishes below 65%, repayment is reduced in line with that index’s loss, up to a 100% loss of principal.

Barclays may redeem the notes in whole, at its discretion after roughly six months, at par plus the applicable coupon. The notes will not be listed, and secondary liquidity is not assured. The issuer’s estimated value on the initial valuation date is expected to be $928.40–$988.40 per $1,000. Investors also consent to potential use of the U.K. Bail-in Power, which could reduce or convert the notes in a resolution scenario.

Barclays Bank PLC is offering $[●] Buffered Callable Contingent Coupon Notes due August 24, 2026, linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq‑100 Index®. The notes pay a quarterly contingent coupon of $9.292 per $1,000 (an annual rate of 11.15%) only if each index stays at or above 80% of its initial level on the relevant observation date. At maturity, if the notes have not been called and the worst‑performing index is at or above 80% of its initial level, investors receive full principal; below that level, principal loss is magnified at 1.25% loss for each 1% drop past a 20% buffer, up to a total loss. The notes are unsecured obligations of Barclays, subject to U.K. bail‑in powers, will not be listed, and have an estimated initial value between $944.00 and $994.00 per $1,000 issue price.

Barclays Bank PLC is offering Trigger Autocallable Contingent Yield Notes linked to the worst performer of NIKE (Class B), Starbucks and Constellation Brands (Class A), maturing around November 29, 2028. The Notes pay a high contingent quarterly coupon at a rate between 16.80% and 17.80% per annum, but only if each stock closes at or above its Coupon Barrier on the relevant Observation Date; missed coupons can be paid later via a memory feature if conditions are later met.

The Notes are automatically called if, on any quarterly Observation Date, each stock is at or above its Initial Underlying Price, returning the $10 principal per Note plus due coupons. If not called, and on the Final Valuation Date each stock is at or above 60% of its Initial Underlying Price (the Downside Threshold), investors receive principal plus due and unpaid coupons at maturity. If any stock finishes below its Downside Threshold, repayment is reduced in line with the worst stock’s loss and investors can lose all principal. The Notes are unsecured, unsubordinated obligations of Barclays, sold at $10 per Note (minimum 100 Notes), with an estimated value of $8.807–$9.407 per Note, are not exchange-listed, and are expressly subject to potential U.K. bail-in.

Barclays Bank PLC is offering unsecured, unsubordinated Buffered Supertrack SM Notes due December 1, 2027, linked to the S&P 500 Futures Excess Return Index. The Notes are issued in minimum denominations of $1,000 and do not pay periodic interest.

At maturity, investors receive $1,000 plus leveraged upside if the index is at or above its initial level, using a 1.17x upside leverage factor. If the index finishes below the initial level but at or above 85% of that level, principal is returned in full. If the index ends below 85% of its initial level, repayment is reduced so that investors lose 1% of principal for each 1% index decline beyond the 15% buffer, up to a maximum loss of 85%.

Barclays’ estimated value on the initial valuation date is expected to be between $935.60 and $985.60 per $1,000 Note, reflecting fees, hedging and structuring costs. The Notes are not listed on any exchange, carry Barclays’ credit risk, and are also subject to potential write-down or conversion under the U.K. Bail-in Power.

Barclays Bank PLC is offering Contingent Income Auto-Callable Securities due December 1, 2028 linked to Halliburton Company common stock. These notes pay a contingent quarterly coupon of at least 3.05% of the $1,000 principal (at least $30.50 per security) on any determination date when Halliburton’s share price is at or above a downside threshold set at 60% of the initial price. If on any non-final determination date the share price is at or above the initial price, the notes are automatically redeemed for $1,000 plus the coupon, and no further payments are made.

If the notes are not called and the final Halliburton price is at or above the downside threshold, investors receive $1,000 plus the final coupon. If the final price is below the threshold, repayment is reduced 1% of principal for each 1% decline from the initial price, which can result in losing most or all of the investment. Payments depend on the credit of Barclays and are subject to potential U.K. Bail-in Power, and the notes are not listed on any exchange.

Barclays Bank PLC is offering Phoenix AutoCallable Notes due December 2, 2030, linked to the common stock of Strategy Inc (ticker “MSTR UW”). These unsecured, unsubordinated notes pay a contingent coupon of $22.083 per $1,000 (about 26.50% per year) only when the stock’s closing value on an Observation Date is at or above a coupon barrier set at 60% of the initial stock price. The notes can be automatically called, starting after roughly six months, if the stock is at or above its initial level, returning $1,000 per note plus the applicable coupon.

If the notes are not called, and at maturity the stock is at or above a 50% barrier, investors receive $1,000 per note, regardless of how much the stock has risen. If it is below that barrier, repayment is reduced one-for-one with the stock’s loss, up to a 100% loss of principal. Barclays’ estimated value is expected between $850 and $882.50 per $1,000 note, below the issue price, and the notes are subject to U.K. bail-in powers, limited liquidity, and Barclays’ credit risk.

Barclays Bank PLC is offering unsecured, unsubordinated structured Notes linked to the Dow Jones Industrial Average and the S&P 500 Index. The Notes pay no interest and do not guarantee full principal repayment.

At maturity, investors receive $1,000 plus or minus a return based on the Lesser Performing Underlier. Upside is capped by a Maximum Upside Return of 10.00%, so the maximum payment is $1,100 per $1,000 Note if the lesser index rises at least 10%. If the lesser index falls but stays within the 19.00% Buffer Percentage, investors earn a positive return of 1% for each 1% decline, up to 19%.

If the Final Underlier Value of the lesser index drops more than 19%, principal is reduced one-for-one beyond the buffer and investors may lose up to 81.00% of their investment. The Notes are subject to Barclays’ credit risk and to the U.K. Bail-in Power, will not be listed on an exchange, and are expected to have an initial estimated value below the $1,000 issue price.

Barclays Bank PLC is issuing $5,000,000 Trigger Autocallable Contingent Yield Notes linked to the iShares MSCI Emerging Markets ETF (EEM), maturing on November 21, 2028. The Notes pay a 4.80% per annum contingent coupon (about $0.12 per quarter per $10 Note) only if EEM’s closing price on each Observation Date is at or above the Coupon Barrier of $32.59, which is 60% of the Initial Underlying Price of $54.31.

Starting with the November 17, 2026 Observation Date, the Notes are automatically called if EEM is at or above the Initial Underlying Price, returning principal plus that quarter’s coupon, with no further payments. If not called, and on the Final Valuation Date EEM is at or above the Downside Threshold of $32.59, investors receive principal plus the final coupon. If EEM finishes below this level, repayment is reduced in line with the ETF’s loss and investors can lose all principal. The Notes are unsecured, not insured, subject to U.K. bail-in powers, not exchange-listed, and priced at $10 per Note with an estimated value of $9.679 and net proceeds of $9.875 per Note to Barclays.

Barclays Bank PLC is offering $305,000 of Global Medium-Term Notes, Series A, structured as market-linked securities tied to an equal-weighted equity basket of Lockheed Martin, Northrop Grumman and RTX. Each security has a $1,000 principal amount, no interest payments and is designed to be held to the November 22, 2028 stated maturity date.

At maturity, investors receive $1,000 plus 100% of any positive basket return, capped at a maximum 33.50% return, giving a maximum payment of $1,335 per security. If the basket is flat, repayment is $1,000. If the basket declines, investors have 1‑to‑1 downside exposure to the first 10% loss, but a minimum payment of $900 per security (90% of principal) applies, so up to 10% of principal can be lost.

Payments depend entirely on the credit of Barclays Bank PLC. The securities are unsecured, unsubordinated obligations, not bank deposits, are not insured by U.S. or U.K. schemes, and are subject to potential U.K. Bail-in Power, which could reduce, convert or cancel amounts due. Agent discounts total $28.25 per security, leaving $971.75 in proceeds to Barclays before hedging and other costs.

Barclays Bank PLC is offering unsecured Buffered Autocallable Contingent Coupon Notes linked to the common stock of Advanced Micro Devices, Inc. The notes pay a contingent quarterly coupon of $11.958 per $1,000 (a 14.35% per annum rate) only when AMD’s closing price is at or above a coupon barrier set at 70% of the initial share value.

The notes can be automatically called after about one year on specified dates if AMD’s price is at or above the call value, returning $1,000 per note plus the applicable coupon. If the notes are not called and AMD’s final value is at or above 75% of the initial value, investors receive full principal back; if it is below 75%, principal is reduced 1% for each 1% drop beyond that level, up to a maximum 75% loss.

The notes are not listed, may have limited or no secondary liquidity, and their estimated initial value is expected to be between $882.80 and $942.80 per $1,000, below the issue price, reflecting dealer compensation, hedging and structuring costs. All payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power, which could reduce, convert or cancel the notes.

Barclays Bank PLC is offering market linked securities that are principal-at-risk notes tied to an equity basket of Broadcom, CrowdStrike and Snowflake. The notes provide 150% leveraged upside on any positive basket return, subject to a maximum return of 65.00%, so the maximum maturity payment is $1,650.00 per $1,000 security. A 15% buffer protects principal if the basket decline from the 100.00 starting level is not more than 15%, but if the basket falls below 85.00, repayment is reduced 1‑for‑1 beyond the buffer and holders may lose up to 85% of principal. The notes pay no interest or dividends, are designed to be held to the November 22, 2028 stated maturity, and are unsecured, unsubordinated obligations of Barclays. All payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power, which could reduce, convert or cancel amounts owed.

Barclays Bank PLC is offering unsecured, unsubordinated Callable Contingent Coupon Notes due June 14, 2028 linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Index. The notes pay a monthly contingent coupon of $7.708 per $1,000 (a 9.25% per annum rate) only if each index is at or above 75% of its initial level on the relevant observation date.

Barclays may redeem the notes in whole, at its option, after approximately the first six months, at $1,000 plus any due coupon. If held to maturity and the least performing index is at or above 55% of its initial level, investors receive full principal; otherwise the payoff is reduced in line with that index’s loss, down to zero. Barclays’ estimated value on the initial valuation date is expected to be $922.40–$982.40 per $1,000 note. The notes are not listed, pay no dividends, and are subject to U.K. bail-in powers.

Barclays Bank PLC is offering callable contingent coupon notes due November 29, 2030, linked to the least performing of the S&P 500® Index, Russell 2000® Index and Nasdaq-100 Index®. The notes are issued in $1,000 denominations, with an initial issue price of $1,000 per note.

Investors may receive a contingent coupon of $8.292 per $1,000 note (a 9.95% per annum rate) on scheduled payment dates, but only if on each observation date the closing value of every index is at or above its coupon barrier, set at 70.00% of its initial value. Principal repayment at maturity is also contingent: if the notes are not called and the final value of the least performing index is at or above its 70.00% barrier, investors receive $1,000 per note; otherwise repayment is reduced in line with that index’s loss, up to a full loss of principal.

Barclays may redeem the notes early, in whole, on specified call valuation dates at $1,000 per note plus any due coupon. The notes are unsecured, unsubordinated obligations subject to Barclays’ credit risk and to potential exercise of U.K. Bail-in Power. The bank’s estimated value on the initial valuation date is expected to be between $895.60 and $975.60 per note, below the issue price, reflecting commissions, hedging and structuring costs.

Barclays Bank PLC is issuing $115,297,000 of Capped Leveraged S&P 500 Index-Linked Global Medium-Term Notes, Series A, due December 18, 2026.

The notes pay no interest. At maturity, holders receive a cash amount based on S&P 500 performance from the initial level of 6,672.41 on November 17, 2025 to the determination date. Upside exposure is leveraged at 150% but capped at a maximum settlement amount of $1,173.55 per $1,000 face amount, corresponding to a cap level of 111.57% of the initial index level.

If the final index level is below the initial level, principal is lost on a 1%‑for‑1% basis down to a total loss. The notes are unsecured, unsubordinated obligations of Barclays, are not FDIC insured, will not be listed on an exchange, and are fully subject to the U.K. Bail-in Power, which can reduce, convert, or cancel payments. Barclays’ estimated value on the trade date is lower than the $1,000 issue price, and secondary market prices are expected to be below the initial issue price.

Barclays Bank PLC is issuing $1,581,000 of unsecured Market Linked Securities, Series A, that are auto-callable notes linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on November 22, 2028. Each security has a $1,000 principal amount and may be automatically called on scheduled call dates if the lowest performing index is at or above its starting level, paying back principal plus a call premium that reflects about 11.65% per annum, up to 34.950% on the final calculation day.

If the notes are not called and, on the final calculation day, the lowest performing index is at or above 70% of its starting level (the threshold level), investors receive $1,000 per security; if it is below 70%, repayment is reduced in line with the index decline and investors can lose most or all of principal. The notes pay no coupons, do not participate in any index gains beyond the call premium, are subject to Barclays’ credit risk and consent to potential U.K. Bail-in Power, and the bank’s estimated value on the pricing date is less than the $1,000 original offering price.

Barclays Bank PLC is offering $1,663,000 of AutoCallable Notes due November 21, 2030 linked to the Russell 2000, Dow Jones Industrial Average and S&P 500 indices. The notes pay no coupons and can be automatically called quarterly after about one year if all three indices are at or above 90% of their initial levels, delivering $1,000 principal plus a call premium based on a 6.50% per annum rate.

If the notes are not called, holders receive at maturity either full principal back if the worst-performing index is at or above 70% of its initial value, or a reduced amount fully reflecting that index’s loss, up to a 100% loss of principal. The initial issue price is $1,000 per note, while Barclays’ estimated value on the initial valuation date is $937.90, reflecting fees, hedging costs and issuer profit. Payments depend on Barclays’ credit and are also subject to potential U.K. Bail-in Power, which could reduce, convert or cancel the notes.

Barclays Bank PLC is offering $870,000 of AutoCallable Contingent Coupon Notes due November 24, 2027, linked to the least performing of Mastercard (MA), Visa (V) and American Express (AXP).

The Notes pay a contingent coupon of $22.50 per $1,000 (9.00% per annum) only if, on each Observation Date, every stock closes at or above its coupon barrier, set at 60.00% of its initial value. The Notes may be automatically called on specified Call Valuation Dates if all three stocks are at or above their initial values, returning $1,000 per Note plus any due coupons.

If the Notes are not called and the final value of the worst-performing stock is below its barrier, repayment is reduced one-for-one with that stock’s loss, and up to 100.00% of principal can be lost. In some downside cases Barclays may deliver shares of the least performing stock instead of cash. The Notes are unsecured, unsubordinated obligations subject to Barclays’ credit risk and to potential U.K. Bail-in Power.