Every 424B that IPATH EXCHBUYWRITE INDEX (BWVTF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BWVTF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BWVTF filings page.
Barclays Bank PLC is offering Buffered Performance Leveraged Upside Principal at Risk Securities (“Buffered PLUS”) linked to the S&P 500 Index, maturing on February 5, 2029. Each note has a $1,000 principal amount, pays no interest, and is an unsecured, unsubordinated obligation of Barclays.
At maturity, investors receive: (i) for index gains, 200% of the S&P 500 return added to principal, capped at a maximum of at least $1,244 (124.40%) per note; (ii) full principal back if the index finishes between 90% and 100% of its initial level; or (iii) a loss of 1% of principal for each 1% decline beyond the 10% buffer, with a minimum payment of $100, meaning up to 90% of principal can be lost. The notes will not be listed, their estimated value on the pricing date will be below the $1,000 issue price (reflecting commissions, hedging and structuring costs), and any repayment is subject to Barclays’ credit and consent to the U.K. Bail-in Power, which could result in write-down, conversion or cancellation.
Barclays Bank PLC is offering $4,130,000 of Trigger Jump Securities with Auto-Callable Feature, unsecured notes linked to the worse of the Nasdaq-100 Index and S&P 500 Index. The notes mature on July 19, 2028, pay no interest, and are issued in $1,000 denominations.
The notes auto-call quarterly starting July 2027 if both indices are at or above their initial levels, returning $1,000 plus fixed premiums of roughly 10.00%–17.50%. If held to maturity and the worse index is at least 70% of its initial level, investors receive $1,000 plus a 20.00% maturity premium; below that trigger, principal falls 1:1 with the index decline, up to total loss. Initial index levels are 29,586.29 for the Nasdaq-100 (trigger 20,710.40) and 7,543.59 for the S&P 500 (trigger 5,280.51). Upside is capped at these premiums, and all payments depend on Barclays’ credit and potential exercise of U.K. Bail-in Power; the notes are not exchange-listed and the estimated value on the pricing date is below the $1,000 issue price.
Barclays Bank PLC is offering Capped Leveraged Buffered S&P 500 Index-Linked Global Medium-Term Notes, Series A, with a $1,000 face amount per note. The notes pay no interest and return depends on S&P 500 performance over roughly 14–16 months.
Investors receive 130% of any index gain, but returns are capped, with an expected maximum settlement amount between $1,154.18 and $1,181.35 per $1,000. A 10% downside buffer applies; below 90% of the initial index level, losses are magnified at about 1.1111% per 1% further decline, and principal can be fully lost.
The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, not FDIC insured, and subject to U.K. Bail-in Power, which can reduce, convert or cancel the notes. Estimated value on the trade date is expected to be below the issue price, secondary market liquidity may be limited, and U.S. tax treatment (as prepaid forward contracts) is uncertain.
Barclays Bank PLC is offering $5,812,000 of unsecured, unsubordinated “Trigger Jump Securities” due January 20, 2028, linked to the worse performing of the Nasdaq-100 Index and the S&P 500 Index. The notes pay no interest and any positive return is limited to fixed call or maturity premiums based on approximately 10.75% per annum.
Starting July 21, 2027, if on any quarterly determination date both indices close at or above their initial levels (NDX 29,586.29; SPX 7,543.59), the notes are automatically redeemed at $1,000 plus the applicable call premium (10.7500% on the first date, 13.4375% on the second). If not called and at maturity the worse index is at or above 75% of its initial level, investors receive $1,000 plus a 16.1250% maturity premium. If the worse index finishes below this 75% trigger, repayment equals $1,000 times that index’s performance factor, creating 1:1 downside exposure and potentially a total loss of principal. The notes are not listed, depend on Barclays’ credit, and holders consent to potential loss under the U.K. Bail-in Power.
Barclays Bank PLC is issuing $3,839,000 of Phoenix AutoCallable Notes due July 17, 2031, linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and Nasdaq-100 Index. The notes pay a contingent coupon of $6.75 per $1,000 (8.10% per annum) on scheduled dates only if each index stays at or above 70% of its initial level.
The notes can be automatically called starting after about one year if all three indices are at or above 100.00% of their initial values, returning $1,000 per $1,000 note plus the applicable coupon. If held to maturity and no call occurs, principal is repaid only if the worst index finishes at or above its 70.00% barrier; otherwise repayment is reduced one-for-one with that index’s loss, up to a complete loss of principal.
Barclays’ estimated value is $951.30 per $1,000, below the issue price, reflecting a 4.125% selling commission and hedging and structuring costs. All payments depend on Barclays’ credit and are subject to potential write-down, conversion or modification under the U.K. Bail-in Power.
Barclays Bank PLC is offering $1,949,000 of Callable Fixed Rate Notes due July 17, 2036 under its Global Medium-Term Notes, Series A program. The notes pay a fixed coupon of 5.25% per annum, calculated on a 30/360 basis and paid each July 17, if not earlier redeemed.
Barclays may, at its sole discretion, redeem the notes in whole or in part on quarterly Optional Redemption Dates starting July 17, 2029, at $1,000 per $1,000 principal plus accrued interest. The notes are unsecured, unsubordinated obligations with a minimum denomination of $1,000, offered at 100.00% of principal, with a 1.00% agent’s commission and 99.00% proceeds to Barclays.
Investors consent to potential exercise of any U.K. Bail-in Power, under which a U.K. resolution authority could reduce, cancel, convert or modify the notes, potentially causing partial or total loss. The notes are not insured by the FDIC, the U.K. Financial Services Compensation Scheme or similar schemes and may have limited secondary market liquidity.
Barclays Bank PLC is offering $1,400,000 of AutoCallable Contingent Coupon Notes due July 21, 2028, linked to the least performing of the Russell 2000, S&P 500, Nasdaq-100 and Dow Jones Industrial Average indices. The notes pay a contingent coupon of $23.50 per $1,000 (9.40% per annum) on scheduled dates only if the closing level of each index is at or above 70% of its Initial Value.
The notes may be automatically called on specified dates if each index is at or above its Initial Value, in which case investors receive $1,000 per note plus any due coupons and unpaid coupon amounts. If not called and, at maturity, the least-performing index is at or above 70% of its Initial Value, principal is repaid; otherwise repayment is reduced in proportion to that index’s loss, up to a total loss of principal. The notes are unsecured, unsubordinated obligations of Barclays subject to its credit and to U.K. Bail-in Power, are not listed, have an initial issue price of $1,000 versus an estimated value of $974, and include 2.35% selling commissions.
Barclays Bank PLC is offering Phoenix AutoCallable Notes due July 20, 2029, linked to the Class C common stock of Dell Technologies Inc. Each note has a $1,000 denomination and may be automatically called quarterly after about three months if Dell’s closing price is at or above 100.00% of its Initial Value, paying $1,000 plus any due Contingent Coupon.
The notes pay a quarterly Contingent Coupon of at least $110.00 per $1,000 (44.00% per annum) only when Dell’s price on an Observation Date is at or above 60.00% of the Initial Value; otherwise no coupon is paid. If the notes are not redeemed and Dell’s Final Value is at or above the 60.00% Barrier Value, investors receive $1,000 per note at maturity; below the barrier, repayment is reduced 1:1 with Dell’s decline, up to a full loss of principal. The notes are unsecured obligations of Barclays, subject to its credit risk and consent to any U.K. Bail-in Power, are not listed on any exchange, and have an estimated initial value between $902.50 and $962.50 per $1,000, lower than the issue price.
Barclays Bank PLC is offering $800,000 of unsecured AutoCallable Contingent Coupon Notes due July 19, 2029, linked to the least-performing of Amazon.com, Inc. (AMZN) and Accenture plc (ACN). Denominations are $1,000 per note, with an initial issue price of 100% of principal.
The notes pay a $45 quarterly contingent coupon per $1,000 (18.00% per annum) only if on each Observation Date both shares are at or above 50% of their Initial Values (AMZN $247.49, ACN $134.56). The notes auto-call at par plus due coupons and any unpaid coupon amounts if, on a Call Valuation Date, both shares are at or above 100% of their Initial Values. If held to maturity and not called, principal is fully repaid only if the least-performing stock finishes at or above 50% of its Initial Value; otherwise repayment is reduced one-for-one with that stock’s loss, down to zero. The notes are subject to Barclays’ credit risk and the potential exercise of U.K. Bail-in Power, and the issuer’s estimated value is $952.60 per note, below the $1,000 issue price.
Barclays Bank PLC is issuing $7,621,000 of Autocallable Fixed Coupon Notes due July 19, 2027, linked to the least performing of the S&P 500, Russell 2000 and Nasdaq‑100 indices. The notes pay fixed coupons of $8.75 per $1,000 (a 10.50% per annum rate) on scheduled monthly dates. If on any call valuation date all three indices are at or above their initial levels, the notes are automatically redeemed at $1,000 plus the coupon, and no further payments are made.
If the notes are not called, at maturity investors receive $1,000 per note only if the final level of the worst index is at least 70% of its initial level; otherwise, repayment is reduced in line with the negative return of that worst index, up to a 100% loss of principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to its credit risk and to potential exercise of U.K. Bail‑in Power, are not insured by FDIC or the U.K. Financial Services Compensation Scheme, and are not expected to have an active trading market.
Barclays Bank PLC is issuing $770,000 of unsecured AutoCallable Contingent Coupon Notes due July 19, 2029, linked to the least-performing of Bank of America (BAC), Wells Fargo (WFC) and JPMorgan Chase (JPM). The notes are part of Barclays’ Global Medium-Term Notes, Series A, and are offered in $1,000 denominations at 100% of principal.
Investors receive a 9.35% per annum contingent coupon (paid as $23.375 per $1,000 note) only if on each observation date all three stocks are at or above their coupon barriers, set at 50.00% of initial value (BAC $29.75; WFC $43.84; JPM $167.27). The notes auto-call at par plus coupons if on a call valuation date all stocks are at or above their initial values. If not called, at maturity principal is repaid only if the least-performing stock is at or above its 50% barrier; otherwise, repayment is reduced one-for-one with that stock’s loss, up to a total loss of principal.
The notes are not listed, and secondary liquidity may be limited. Barclays’ internal estimated value is $975.00 per $1,000 note, below the issue price, reflecting fees, hedging and structuring costs. All payments are subject to Barclays’ credit and to the exercise of any U.K. Bail-in Power, under which authorities could write down, convert or cancel the notes.
Barclays Bank PLC is offering Callable Contingent Coupon Notes due July 20, 2028, linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and Nasdaq-100 Index. Each note has a $1,000 denomination and pays a $11.25 Contingent Coupon (1.125% of principal, 13.50% per annum) on scheduled Contingent Coupon Payment Dates when the closing value of each index on the related Observation Date is at least 70.00% of its Initial Value.
Beginning with the Call Valuation Dates from October 19, 2026, Barclays may redeem all outstanding notes at $1,000 per note plus the applicable Contingent Coupon. If not redeemed, at maturity investors receive $1,000 per note only if the Final Value of the worst-performing index is at least 70.00% of its Initial Value; otherwise, principal is reduced one-for-one with that index’s negative return, potentially to $0. Payments are unsecured obligations of Barclays Bank PLC, subject to its credit risk and to the exercise of any U.K. Bail-in Power. The notes will not be listed, and the issuer’s estimated value on the Initial Valuation Date is expected to be $945.60–$995.60 per note, below the $1,000 initial issue price.
Barclays Bank PLC is issuing $2,580,000 of AutoCallable Contingent Coupon Notes due July 19, 2028, linked to the common stock of NVIDIA Corporation. The notes are issued in $1,000 denominations and are unsecured, unsubordinated obligations of Barclays Bank PLC.
Investors receive a quarterly contingent coupon of $33.875 per $1,000 note (equivalent to 13.55% per annum) only if NVIDIA’s closing price on an Observation Date is at or above the Coupon Barrier Value of $127.08, which is 60.00% of the $211.80 Initial Value. The same level is the Barrier Value for principal protection at maturity.
The notes are automatically called if on a Call Valuation Date NVIDIA’s closing value is at least the Call Value of $211.80, returning $1,000 per note plus any due coupons and Unpaid Coupon Amounts. If not called and the Final Value is below the Barrier, repayment is reduced in proportion to the negative Reference Asset Return, or Barclays may instead deliver 4 NVIDIA shares plus cash for 0.72144 fractional shares per $1,000 note. Investors may lose up to 100.00% of principal. Any payment depends on Barclays’ creditworthiness and is subject to potential exercise of U.K. Bail-in Power. The initial issue price is $1,000 per note, Barclays’ estimated value is $971.40, and the agent’s commission is 1.85%.
Barclays Bank PLC is offering Callable Contingent Coupon Notes due January 29, 2029 linked to the least performing of the Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indices. Each note has a $1,000 denomination.
The notes may pay a Contingent Coupon of $26.50 per $1,000 (2.65% of principal, 10.60% per annum) on specified observation dates, but only if all three indices are at or above 75% of their initial levels; otherwise no coupon is paid. If the notes are not called and, at maturity, the least performing index is at or above 55% of its initial level, investors receive full principal; if it is below 55%, repayment is reduced one-for-one with that index’s loss, down to zero.
Barclays may redeem the notes in whole, after roughly six months, on designated call dates at $1,000 plus any due coupon, limiting income duration and reinvestment flexibility. All payments depend on Barclays Bank PLC’s credit and are subject to U.K. Bail-in Power, under which a resolution authority can write down, convert or cancel the notes. Barclays expects the notes’ estimated value on the pricing date to be between $924.20 and $984.20 per $1,000, below the issue price, and secondary-market liquidity is not assured.
Barclays Bank PLC describes unsecured, unsubordinated notes linked to an equally weighted basket of Bank of America, Capital One Financial, Morgan Stanley and Wells Fargo common stock. Each Note has $1,000 principal under its Global Medium-Term Notes, Series A program.
If the Final Basket Level on August 13, 2027 is at or above the Buffer Value of 90 (90% of the Initial Basket Level of 100), investors receive a fixed “Digital Return” of at least 14.10%, paying at least $1,141.00 per $1,000 Note at maturity on August 18, 2027, regardless of further basket gains.
If the Final Basket Level falls below the Buffer Value, principal is exposed on a leveraged basis: investors lose 1.11111% of principal for each 1% decline of the Basket beyond the 10.00% buffer, up to a total loss of $1,000. The Notes will not be listed, are subject to Barclays’ credit and any U.K. Bail-in Power, are not insured by any deposit insurance scheme, and have complex, potentially adverse U.S. tax treatment as prepaid forward contracts. Barclays expects the Notes’ estimated value on the pricing date to be less than the $1,000 issue price, and any secondary market may be limited.
Barclays Bank PLC is issuing Contingent Income Auto-Callable Securities due July 27, 2029 linked to GE Vernova Inc. common stock. Each security has a $1,000 stated principal and can pay a contingent quarterly coupon of at least $42.50 (at least 4.25% of principal) when the stock’s closing price on a determination date is at or above 50% of the initial value.
If on any non-final determination date the stock closes at or above its initial value, the notes are automatically redeemed for $1,000 plus the current and any unpaid coupons, with no further payments. If not called and the final stock price is at least 50% of the initial value, investors receive principal plus the due coupon(s); otherwise, repayment equals principal times the underlier performance factor, so holders can receive less than 50% of principal and lose their entire investment. The notes are unsecured, unsubordinated obligations of Barclays, not listed on any exchange, with agent and dealer commissions of $17.50 and $5.00 per note, per-note proceeds of $977.50 to Barclays, an initial estimated value below the $1,000 issue price, and are subject to possible write-down, conversion or cancellation under the U.K. Bail-in Power.
Barclays Bank PLC is offering Buffered Supertrack Notes, part of its Global Medium-Term Notes, Series A, linked to the Invesco QQQ Trust, Series 1. The Notes are issued in $1,000 denominations, priced at 100.00% of principal with a 2.00% selling commission, and are unsecured, unsubordinated obligations not listed on any exchange and subject to U.K. Bail-in Power.
At maturity on September 22, 2027, if QQQ’s Final Value is at or above its Initial Value, holders receive $1,000 plus leveraged upside of 2.00x the Reference Asset Return, capped at a Maximum Return set on the pricing date and not less than 16.00% (for example, $1,160 per $1,000 if QQQ rises by at least 8.00%). If QQQ finishes between 90.00% and 100.00% of the Initial Value, principal is returned. Below 90.00%, losses match declines beyond the 10.00% buffer, with up to 90.00% of principal at risk.
Barclays’ internally estimated value on the Initial Valuation Date is expected between $926.20 and $976.20 per Note, below the issue price due to commissions, hedging and structuring costs. Holders forgo QQQ dividends and voting rights, face limited liquidity and credit risk of Barclays, consent to possible U.K. Bail-in, and confront uncertain and complex U.S. tax treatment, including potential “prepaid forward contract” and constructive ownership characterization.
Barclays Bank PLC is offering Buffered Supertrack Notes linked to the Nasdaq-100 Index under its Global Medium‑Term Notes, Series A program, maturing on July 27, 2029. The notes are unsecured and unsubordinated obligations with a minimum denomination of $1,000.
At maturity, investors receive $1,000 plus leveraged upside of 1.50x index gains, capped at a 39.25% maximum return (maximum payment $1,392.50 per $1,000). A 25.00% buffer protects principal if the index is down by up to 25%; below 75.00% of the initial index level, principal is reduced 1% for each additional 1% drop, for a possible loss of up to 75.00%.
The initial issue price is $1,000 per note, with a 1.00% selling commission; Barclays’ estimated value on the pricing date is expected between $920.50 and $980.50 per note. Investors receive no coupons, dividends or voting rights, face limited liquidity, and must consent to potential U.K. Bail‑in Power, which could write down, convert or cancel the notes.
Barclays Bank PLC is offering unsecured, unsubordinated structured notes linked to the Russell 2000® Index and the S&P 500® Index. The notes pay a Contingent Coupon of $40.75 per $1,000 (8.15% per annum, 4.075% semiannually) on each Contingent Coupon Payment Date only if, on the related Observation Date, the closing value of each index is at or above its Coupon Barrier Value, set at 75.00% of its Initial Underlier Value.
At maturity, if the Final Underlier Value of the Lesser Performing Underlier is at least its 75.00% Barrier Value, holders receive $1,000 per $1,000 note plus any Contingent Coupon otherwise due; there is no upside participation above par. If it is below the Barrier Value, the payoff is $1,000 plus $1,000 multiplied by that Underlier Return, fully exposing principal to the decline of the worse index and allowing losses up to 100%. The minimum denomination is $1,000. Initial issue price is 100% of principal, including a 3.15% agent’s commission, for issuer proceeds of 96.85%. The notes are not listed, are subject to Barclays’ credit risk, and are also subject to potential write-down, conversion, cancellation or term changes through the U.K. Bail-in Power.
Barclays Bank PLC is issuing unsecured Contingent Coupon Barrier Notes linked to the Russell 2000 (RTY) and S&P 500 (SPX) indices, maturing on August 3, 2029. Each $1,000 note is priced at 100% of principal and may pay a $46.00 contingent coupon (9.20% per annum, 4.60% semiannually) on scheduled payment dates if, on the related observation date, the closing value of each index is at least 75.00% of its initial level.
At maturity, if the lesser-performing index is at or above 75.00% of its initial value, holders receive $1,000 per note plus any due coupon; otherwise the payoff equals $1,000 plus $1,000 times the index return of the lesser performer, exposing investors to proportionate losses down to a total loss of principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to its credit risk and to the agreed U.K. Bail-in Power, which can write down, convert, cancel or amend the notes. The issuer expects its estimated value on the initial valuation date to be below the $1,000 issue price due to fees, hedging and other costs, and no exchange listing is planned, so secondary liquidity may be limited.
Barclays Bank PLC is offering unsecured, unsubordinated S&P 500® Index-linked notes that pay no periodic interest and are issued in $1,000 minimum denominations. At maturity on February 5, 2031, holders receive a payoff tied to the index level between the July 31, 2026 initial valuation and the January 31, 2031 final valuation.
If the index has risen, the payment equals $1,000 plus index gains, capped at a Maximum Return of 55.25%, for a maximum of $1,552.50 per $1,000 note. If the index is flat or down, the payoff is the greater of $1,000 plus the index return and the Minimum Payment at Maturity of $900, so investors may lose up to 10% of principal. The notes are not listed, their initial estimated value will be below the $1,000 issue price, and they are subject to Barclays’ credit risk and potential U.K. Bail-in Power write-downs or conversion. For U.S. tax purposes Barclays currently intends to treat them as contingent payment debt instruments, requiring accrual of taxable interest based on a comparable yield.
Barclays Bank PLC is offering unsecured S&P 500®-linked notes with a $1,000 minimum denomination under its Global Medium-Term Notes, Series A program. The notes pay no periodic interest and are not listed on any U.S. securities exchange.
At maturity, investors receive cash based on the S&P 500® performance: 1:1 upside participation up to a 60.00% Maximum Return, for a maximum payment of $1,600 per $1,000 note, and a Minimum Payment at Maturity of $900, implying up to 10.00% potential principal loss. The notes are unsecured and unsubordinated obligations of Barclays Bank PLC, subject to its credit risk and to any exercise of U.K. Bail-in Power, and are not insured by the FDIC or U.K. Financial Services Compensation Scheme. Barclays Capital Inc. receives a 2.55% sales commission (issuer proceeds 97.45% of issue price), expects the notes’ initial estimated value to be below the issue price, and may, but is not obligated to, make a secondary market. For U.S. tax purposes, Barclays currently intends to treat the notes as contingent payment debt instruments, requiring accrual of taxable interest income over their life.
Barclays Bank PLC is offering $913,100 of Capped Buffer GEARS, unsecured notes linked to the SPDR® Gold Trust, maturing July 18, 2028.
Each $10 Security provides 2x upside exposure to GLD up to a Maximum Gain of 27.60%, giving a maximum payment of $12.76 per Security, but pays no interest. A 10% downside Buffer protects principal if GLD’s final price is at or above 90% of its initial $372.15 level ($334.94). Below this Downside Threshold, principal is reduced 1% for each 1% additional decline, up to a 90% loss of principal. All payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power, under which terms or amounts owed can be written down, converted or canceled in a resolution scenario.
Barclays Bank PLC is offering Buffered Jump Securities, unsecured structured notes linked to the S&P 500® Index, maturing on October 28, 2027. Each security has a stated principal amount of $1,000, pays no interest and does not guarantee return of principal.
At maturity, if the final index level is at least 90% of the initial level (a 10% buffer), investors receive $1,000 plus a fixed return of at least 9.70% of principal, regardless of how much the index has risen. If the index finishes below the 90% buffer, repayment is reduced by a downside factor of 1.11111 for index losses beyond the 10% buffer, so investors lose 1.11111% of principal for each additional 1% index decline; the payoff can fall to zero.
The notes are unsecured and unsubordinated obligations of Barclays Bank PLC, subject to its credit risk and to potential exercise of the U.K. Bail-in Power, which can write down, convert or cancel the securities. They are not insured or listed on any exchange. The initial estimated value on the pricing date is expected to be below the $1,000 issue price, reflecting selling commissions (including $17.50 per security to the agent and $5.00 per security to Morgan Stanley Wealth Management), hedging costs and issuer profit. Tax counsel expects the notes to be treated as prepaid forward contracts for U.S. federal income tax purposes, though future guidance could change this treatment.
Barclays Bank PLC is offering AutoCallable Contingent Coupon Notes due August 3, 2029, linked to the least performing of the Russell 2000 Index and the S&P 500 Index. Each note has a $1,000 denomination and pays a contingent coupon of $46.25 per period, equal to 9.25% per annum, only when on an Observation Date both indices are at or above 70.00% of their Initial Values. Missed coupons accrue as “Unpaid Coupon Amounts” but are paid only if a later Observation Date meets the coupon barrier.
The notes are automatically called if on a Call Valuation Date both indices are at or above 100% of Initial Value, returning the $1,000 Redemption Price plus the applicable coupon and any unpaid coupons. If not called, and at maturity the worst-performing index is at or above its 70.00% Barrier Value, principal is repaid in full (plus any due coupons). If the worst index finishes below its barrier, repayment is $1,000 × (1 + its return), exposing investors to losses in line with that decline, down to a total loss of principal.
The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, are not listed, and may have limited liquidity. Holders consent to potential use of the U.K. Bail-in Power, which could write down, convert or cancel the notes. Per $1,000 note, the price to the public is 100.00%, the selling commission is 0.45%, proceeds to the issuer are 99.55%, and Barclays’ estimated value on the Initial Valuation Date is expected between $927.80 and $987.80, below the issue price.
Barclays Bank PLC is offering unsecured, unsubordinated Buffered Supertrack Notes linked to the STOXX® Europe 600 Index, issued in $1,000 denominations and maturing on August 5, 2031. At maturity, investors receive $1,000 plus leveraged upside if the index is at or above its initial level, par if it is down but within a 30.00% buffer, or a reduced amount if losses exceed that buffer.
Positive index returns are multiplied by an Upside Leverage Factor of 3.00 but capped at a Maximum Return of 54.25%, giving a maximum payment of $1,542.50 per $1,000 note when the index return is at least 18.083%. If the index falls more than 30.00%, investors lose 1.00% of principal for each additional 1.00% decline, up to a 70.00% loss (minimum $300 repayment). The notes pay no coupons, are not listed, and any payment depends on Barclays’ credit and the risk that a U.K. Bail-in Power could write down or convert the notes. The initial issue price is $1,000, including a 3.70% selling commission, while Barclays’ own estimated value on the pricing date is expected between $872.00 and $952.00 per note, and secondary market prices are expected to be lower than the issue price.
Barclays Bank PLC is offering Digital S&P 500 Index-Linked Global Medium-Term Notes, Series A with a face amount of $1,000 per note. The notes pay no interest and mature on a stated maturity date expected to fall about 18–21 months after the trade date. The payoff depends on S&P 500 Index performance: if the final index level is at least 87.50% of the initial level, investors receive a capped maximum settlement, expected to be the threshold settlement amount of between $1,125.10 and $1,147.10 per $1,000 note. Above this threshold, upside is fully capped.
If the final index level is below the 87.50% threshold, returns turn negative and investors lose approximately 1.1429% of face amount for every 1% the index finishes below the threshold, with the possibility of losing their entire investment. The notes are unsecured, unsubordinated obligations of Barclays, not insured by the FDIC or U.K. schemes, and are expressly subject to potential write-down, conversion, or cancellation under the U.K. Bail-in Power. They will not be listed on an exchange; Barclays Capital Inc. may make a market but is not obligated to do so, and the estimated value on the trade date is expected to be less than the 100% issue price due to commissions, hedging and structuring costs. U.S. tax treatment is intended as prepaid forward contracts, but remains uncertain and could change with future IRS or Treasury guidance.
Barclays Bank PLC is offering $4,950,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing on July 19, 2029.
The Notes pay a 9.80% per annum contingent coupon ($0.245 per $10 Note per quarter) only if, on each quarterly Observation Date, the closing level of every index is at or above a Coupon Barrier set at 70% of its Initial Underlying Level. If on any Observation Date all three indexes are at or above their initial levels, the Notes are automatically called and redeem at par plus that quarter’s coupon.
If the Notes are not called, and on the Final Valuation Date every index is at or above its Downside Threshold (also 70% of initial), investors receive $10 plus the final coupon. If any index finishes below its threshold, repayment is reduced in proportion to the decline of the Least Performing Underlying, exposing investors to loss of some or all principal. The Notes are unsecured, unsubordinated obligations of Barclays Bank PLC, not listed on any exchange, sold at $10 per Note with underwriter proceeds of $9.80 and an issuer-estimated value of $9.756 per Note, and are expressly subject to potential exercise of the U.K. Bail-in Power.
Barclays Bank PLC is offering Contingent Income Auto-Callable Securities due July 26, 2029, linked to the worse performing of Dollar General and Target common stock. Each security has a $1,000 stated principal amount and is a senior unsecured, principal-at-risk note.
Holders may receive a contingent quarterly payment of at least $37.00 (3.70% of principal) plus any unpaid prior coupons if, on a determination date, the closing price of each stock is at least 55% of its initial value (the downside threshold. If on any non-final determination date both stocks are at or above their initial values, the notes are automatically redeemed for $1,000 plus the applicable contingent payment and any unpaid coupons.
If the notes are not called and on the final determination date either stock is below its downside threshold, principal is reduced 1% for every 1% decline of the worse-performing stock from its initial value, potentially to zero. Payments depend entirely on Barclays’ credit and are also subject to possible write-down, conversion or cancellation under the U.K. Bail-in Power. The issue price is $1,000, including $17.50 in selling commission and a $5.00 structuring fee per security, leaving $977.50 in proceeds to Barclays.
Barclays Bank PLC is offering $7,094,000 of Digital S&P 500 Index-Linked Global Medium-Term Notes, Series A, due August 17, 2027. The notes pay no interest. If the S&P 500 Index final level on August 13, 2027 is at least 90.00% of the July 13, 2026 initial level of 7,515.34, investors receive the maximum settlement amount of $1,094.80 per $1,000 face amount.
If the final index level is below 90.00% of the initial level, the notes incur losses of about 1.1111% of face amount for each 1% shortfall, and investors can lose their entire principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to Barclays’ credit risk and potential exercise of U.K. Bail-in Power, are not insured or listed, and carry a 1.09% selling commission, yielding $7,016,675.40 of net proceeds to Barclays before expenses.
Barclays Bank PLC is offering Digital S&P 500 Index-Linked Global Medium-Term Notes, Series A with a $1,000 face amount per note. The notes pay no interest and have a term tied to a determination date expected between 13 and 15 months after the trade date, with maturity two business days later.
If the final S&P 500 Index level is at least 90.00% of the initial level, investors receive a capped payoff, the maximum/threshold settlement amount, expected between $1,087.40 and $1,102.50 per $1,000. Below the 90% threshold, repayment falls linearly (about 1.111% loss for each 1% drop beyond the threshold), and a large decline can result in a total loss of principal.
The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, not bank deposits, not FDIC-insured, and not listed on any securities exchange. Any payment depends on Barclays’ credit and possible exercise of U.K. Bail-in Power, which can write down, convert, amend or cancel the notes. Initial economics include a 1.23% selling commission, leaving 98.77% of face as proceeds to Barclays, and the issuer’s estimated fair value on the trade date will be lower than the issue price.
Barclays Bank PLC is issuing $6,226,000 of Callable Fixed Rate Notes due July 16, 2029, paying 4.75% per annum on a 30/360 basis with annual interest each July 16.
The notes are callable at the issuer’s option quarterly from July 16, 2027, at $1,000 per $1,000 denomination plus accrued interest. Barclays receives $6,207,322 in proceeds after a 0.30% ($18,678) selling commission. The notes are unsecured, unsubordinated obligations, not insured by deposit schemes, not exchange-listed, and investors expressly consent to potential loss or conversion under the U.K. Bail-in Power, as well as to limited secondary-market liquidity and issuer credit risk.
Barclays Bank PLC is offering callable fixed rate notes due August 3, 2029 under its Global Medium-Term Notes, Series A program. The notes pay 4.80% per annum, with interest for each period calculated on a 30/360 day count basis and a minimum denomination of $1,000 in integral multiples.
The notes are unsecured and unsubordinated obligations of Barclays Bank PLC, with price to the public at 100.00%, an agent’s commission of 0.60% and proceeds to Barclays of 99.40% per $1,000 note. Barclays may redeem the notes, in whole or in part, on specified quarterly Optional Redemption Dates starting August 3, 2027 at 100% of principal plus accrued interest. Holders consent to the potential exercise of U.K. Bail-in Power, which can include write-down, conversion or cancellation of the notes. The notes will not be listed on any U.S. securities exchange, and any secondary market making by Barclays Capital Inc. is discretionary. For U.S. federal income tax purposes, the notes are expected to be treated as debt instruments issued without original issue discount, with interest taxable as ordinary income.
Barclays Bank PLC is offering AutoCallable Contingent Coupon Notes due August 3, 2029, linked to the worst performer of the Russell 2000 Index and the S&P 500 Index. Each $1,000 note pays a contingent coupon of $38.75 (7.75% per annum) on specified dates if both indices are at or above their coupon barriers.
The notes may be automatically called on designated call dates if both indices are at least 100.00% of their initial levels, returning $1,000 plus any due coupons and accrued unpaid coupon amounts. If not called and the least performing index finishes below 70.00% of its initial level, repayment of principal is reduced one-for-one with that index’s loss, up to a full loss of the $1,000.
The securities are unsecured, unsubordinated obligations of Barclays Bank PLC, expose holders to the bank’s credit risk, and require investors to consent to potential use of U.K. Bail-in Power. The estimated value on the initial valuation date is expected to be between $912.20 and $972.20 per $1,000 note, below the $1,000 issue price.
Barclays Bank PLC is offering Buffered Supertrack Notes due August 3, 2029, linked to the S&P 500 Index, under its Global Medium-Term Notes, Series A program. The notes are issued in minimum denominations of $1,000 and constitute unsecured, unsubordinated obligations of Barclays Bank PLC.
At maturity, investors receive $1,000 plus leveraged upside if the index is at or above its initial level, with a 1.25x Upside Leverage Factor capped by a Maximum Return of 32.75%, yielding up to $1,327.50 per $1,000 note. A 20.00% Buffer Percentage protects principal for index declines down to -20%; below this Buffer Value, investors lose 1% of principal for each additional 1% decline, up to an 80.00% loss.
The price to the public is 100.00% of principal, with agent commissions up to 0.80% and proceeds to Barclays of 99.20% per note. Barclays’ own estimated value on the Initial Valuation Date is expected between $914.30 and $974.30 per note, lower than the issue price due to fees, hedging costs and issuer profit. The notes pay no coupons, will not be listed, and secondary market liquidity may be limited. Holders expressly consent to the exercise of any U.K. Bail-in Power, under which a U.K. resolution authority may write down, convert or modify the notes, potentially causing partial or total loss. U.S. federal tax treatment is uncertain; Barclays’ tax counsel currently views the notes as prepaid forward contracts.
Barclays Bank PLC is offering unsecured Buffered Supertrack Notes linked to the STOXX® Europe 600 Index, maturing on August 5, 2030. Each $1,000 note pays no coupons and the final repayment depends entirely on index performance at maturity.
If the index is at or above its Initial Value, holders receive $1,000 plus leveraged upside: three times the index gain, capped at a Maximum Return of 49.75%, for a maximum payment of $1,497.50 per $1,000. If the index falls but remains within the 30.00% buffer, principal is returned. Below the 30.00% buffer, principal losses resume one-for-one, up to a 70.00% loss of principal.
The notes are unsecured obligations of Barclays and incorporate consent to the U.K. Bail-in Power, allowing a U.K. resolution authority to write down, convert or cancel the notes. The issuer’s estimated initial value is between $914.30 and $984.30 per $1,000, below the issue price, and the notes will not be listed, so secondary liquidity may be limited.
Barclays Bank PLC is issuing unsecured, unsubordinated notes linked to the common stock of Microsoft Corporation. The notes pay no interest and do not guarantee full principal repayment. They may be automatically redeemed on July 13, 2027 if Microsoft’s closing value is at or above the Initial Underlier Value of $390.99, in which case holders receive $1,190 per $1,000 note, reflecting a 19.00% Redemption Premium, and the investment ends.
If not redeemed, the notes mature on July 18, 2029. At maturity, if the Final Underlier Value is above the Initial Underlier Value, holders receive principal plus 1.50× the Underlier Return. If the Final Underlier Value is between the Initial Underlier Value and the Barrier Value of $234.59 (60.00% of initial), principal is repaid. If it is below the Barrier Value, repayment is reduced one-for-one with the Underlier’s loss, up to a 100% loss of principal.
The minimum denomination is $1,000, with a total initial issue of $1,131,000. The price to the public is 100% of principal, including a 1.00% agent’s commission; Barclays receives 99.00%. Investors forgo dividends on Microsoft shares. All payments are subject to Barclays’ credit risk and to the exercise of any U.K. Bail-in Power, and the notes will not be listed on any securities exchange.
Barclays Bank PLC is offering Market Linked Securities with a principal amount of $1,000 per security, linked to the lowest performer among Dell Technologies Class C, Intel, Micron Technology and Sandisk common stocks, maturing on August 6, 2029.
The notes pay a fixed monthly coupon at a rate to be set on the pricing date, with a minimum of 19.75% per annum, regardless of stock performance while the securities remain outstanding. Starting in February 2027, the notes are auto-callable monthly if on a call date the lowest performing stock is at or above its starting price; in that case investors receive back principal plus the applicable coupon and the notes terminate.
If not called, investors receive at maturity their principal plus the final coupon if the worst-performing stock is at or above its threshold price, set at 80% of its starting price (a 20% buffer). If the worst stock finishes below that threshold, repayment is reduced 1-for-1 beyond the 20% buffer, down to a minimum of $0, implying up to an 80% loss of principal. Any return comes solely from coupons; there is no participation in stock upside beyond return of principal. The notes are senior unsecured obligations of Barclays, subject to its credit risk and potential U.K. Bail-in Power, and are not insured by any governmental agency.
Barclays Bank PLC is offering unsecured, unsubordinated AutoCallable Notes due July 22, 2031, linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50 indices. The notes have a minimum denomination of $1,000 and may be automatically called after approximately the first year on specified Call Valuation Dates. On any Call Valuation Date when all three indices close at or above 90.00% of their Initial Values, holders receive $1,000 plus a Call Premium, based on a $105.00 periodic premium per $1,000 (10.50% per annum), and the notes terminate.
If the notes are not called, repayment at maturity depends solely on the least performing index. If its Final Value is at least 90.00% of Initial, investors receive the same called Redemption Price; if it is below 90.00% but at or above a 55.00% Barrier Value, principal is returned; otherwise principal is reduced one-for-one with the index loss, up to a 100.00% loss. Investors do not receive dividends or voting rights, face limited liquidity because the notes are not exchange-listed, and bear the credit risk of Barclays plus consent to potential use of U.K. Bail-in Power. Barclays’ internal models estimate the initial economic value at $903.40–$983.40 per $1,000 note, below the $1,000 issue price, reflecting dealer compensation, hedging, structuring and related costs.
Barclays Bank PLC plans to issue Buffered Supertrack Notes linked to the S&P 500 Index under its Global Medium‑Term Notes, Series A. Each Note has a $1,000 denomination, with an Initial Valuation Date of July 17, 2026 and Maturity Date of July 20, 2029.
At maturity, investors receive $1,000 plus upside exposure to the index up to a 40.00% Maximum Return, so the maximum payment is $1,400 per $1,000 Note if the index gain is at least 40%. A 20.00% buffer protects principal for index declines down to -20.00%; below that, principal falls 1% for each additional 1% drop, up to an 80.00% loss.
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. They will not be listed, and estimated value on the Initial Valuation Date is expected between $918.40 and $978.40 per $1,000 Note, below the $1,000 issue price.
Barclays Bank PLC is offering unsecured, unsubordinated notes linked to the MSCI Emerging Markets Index (MXEF) and EURO STOXX 50® Index (SX5E). The notes pay no interest and do not guarantee return of principal. At maturity in July 2031, repayment depends on the “Lesser Performing Underlier.”
If that index’s final value is at least 80.00% of its initial level, each $1,000 note pays $1,000 plus the greater of a 78.00% digital return or the index’s actual percentage gain. If it finishes below 80.00% of its initial level, payoff equals $1,000 plus the index return, exposing holders to losses up to 100% of principal.
Each note has a $1,000 denomination, an issue price of 100% with a 1.00% selling commission and 99.00% proceeds to Barclays. The notes are subject to Barclays’ credit risk, consent to potential U.K. Bail-in Power, will not be listed on an exchange, and are expected to have an initial estimated value below the issue price.
Barclays Bank PLC is offering principal-at-risk Market Linked Notes that do not pay interest and do not guarantee full repayment of principal. Instead, they provide leveraged exposure to a Basket starting at 100, composed of the EURO STOXX 50 (40%), Nikkei 225 (20%), FTSE 100 (20%), S&P/ASX 200 (7.5%), Swiss Market Index (7.5%) and iShares China Large-Cap ETF (5%).
On the January 2028 Maturity Date, investors receive $1,000 plus the lesser of 1.50 times any positive Basket Return or a Maximum Return of at least 12.90%, illustrated as a cap of $1,129.00 per $1,000 Note. A 20.00% Buffer (Buffer Value 80) protects against moderate declines; below this level, repayment is reduced dollar-for-dollar, and investors can lose up to 80.00% of principal.
The Notes are unsecured, unsubordinated obligations of Barclays Bank PLC, subject to its credit and the exercise of any U.K. Bail-in Power. They are issued in $1,000 minimum denominations at 100% of principal, with a 2.25% selling commission and issuer proceeds of 97.75%. The Notes will not be listed, and any secondary market making by Barclays Capital Inc. is voluntary. Barclays’ internal estimated value on the Initial Valuation Date is expected to be below the $1,000 issue price.
Barclays Bank PLC is offering unsecured Global Medium-Term Notes, Series A that pay a contingent coupon instead of guaranteed interest. Each $1,000 Note can pay a monthly coupon of $7.542 (a 9.05% per annum rate, 0.7542% per month) only if, on the relevant Observation Date, the closing value of each Underlier—Constellation Energy (CEG), JPMorgan Chase (JPM) and Microsoft (MSFT)—is at or above its Coupon Barrier Value, set at 75.00% of its Initial Underlier Value.
The Notes run from an Issue Date of July 21, 2026 to a Maturity Date of July 21, 2031. Starting with the twelfth Observation Date (about one year after issuance), the Notes are automatically redeemable if each Underlier’s closing value is at or above its Initial Underlier Value; in that case investors receive $1,000 plus the applicable Contingent Coupon, and the Notes terminate. If the Notes are never automatically redeemed, holders receive on maturity $1,000 per Note plus any Contingent Coupon otherwise due, subject to Barclays’ creditworthiness and the potential exercise of any U.K. Bail-in Power.
The minimum denomination is $1,000, sold at 100% of issue price, with a 1.25% selling commission and 98.75% of principal going to Barclays. The Notes are not listed on any U.S. exchange, are not insured by any deposit insurance scheme, and their estimated value on the Initial Valuation Date is expected to be less than the $1,000 issue price. Investors may miss some or all coupons if any Underlier is below its barrier on Observation Dates and must also accept regulatory and tax complexities, including consent to U.K. Bail-in Power and potentially being treated as variable rate or contingent payment debt instruments for U.S. federal income tax purposes.
Barclays Bank PLC is offering AutoCallable Contingent Coupon Notes due July 26, 2029 linked to the common stock of The Home Depot, Inc. These unsecured, unsubordinated notes pay a contingent coupon of 10.75% per annum (2.6875% per quarter, $26.875 per $1,000) when the stock closes at or above a coupon barrier set at 75% of the initial value on scheduled observation dates.
If the notes are not called early and are held to maturity, investors receive $1,000 per note only if Home Depot’s final stock price is at or above a 75% barrier; otherwise principal repayment is reduced one-for-one with the stock’s loss, potentially to zero. The notes may be automatically called on specified call valuation dates when the stock is at or above its initial level, returning principal plus the applicable coupon and any unpaid coupons. Barclays’ estimated value on the initial valuation date is expected between $909 and $969 per $1,000 note, below the issue price, reflecting dealer compensation, hedging costs and issuer funding. All payments depend on Barclays’ credit and investors consent to U.K. Bail-in Power, under which a U.K. resolution authority can write down, convert or modify the notes.
Barclays Bank PLC is offering Autocallable Buffered Return Enhanced Notes due July 20, 2028, each with a $1,000 issue price, linked to an equally weighted basket of Bank of America, Capital One Financial, Morgan Stanley and Wells Fargo common stock. If on the July 28, 2027 review date the basket level is at or above the initial basket level of 100, each note is automatically called for at least $1,190.50 per $1,000 principal amount, a minimum 19.05% premium, and no further payments are made.
If not called, investors receive 1.25x leveraged upside at maturity when the final basket level exceeds the initial level, full principal back when it is between the 10% buffer and the initial level, and leveraged losses with a 1.11111 downside factor below the buffer, potentially losing all principal. The notes are unsecured, unsubordinated obligations of Barclays, subject to U.K. Bail-in Power, are not insured or exchange-listed, may have limited secondary liquidity, and are expected to be treated as prepaid forward contracts for U.S. tax purposes, though tax outcomes could change if authorities take a different view.