Every 424B that iPath® Bloomberg Commodity Index Total Return(SM) ETN (DJP) 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 DJP 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 DJP filings page.
Barclays Bank PLC is issuing $95,000,000 of Global Medium-Term Notes, Series A, in the form of Callable Fixed Rate Notes due July 20, 2027. The notes are issued in $1,000 minimum denominations at 100.00% of principal, bearing a fixed interest rate of 4.50% per annum with a 30/360 day-count.
The issuer may, at its sole discretion, redeem the notes in whole or in part on January 20, 2027 or April 20, 2027 for $1,000 per note plus accrued interest, after an initial non-call period of roughly six months. If not redeemed early, investors receive $1,000 per note plus accrued interest at maturity on July 20, 2027.
The notes are unsecured and unsubordinatedU.K. Bail-in Power, which could result in loss of some or all of the investment or conversion into other securities. The notes will not be listed on any U.S. securities exchange, and secondary market liquidity is not assured.
Barclays Bank PLC is offering Phoenix AutoCallable Notes due August 3, 2028, linked to the least performing of the Russell 2000 Index, Dow Jones Industrial Average and Nasdaq‑100 Index, under its Global Medium‑Term Notes, Series A programme.
The Notes pay a contingent coupon of $20 per $1,000 (8.00% per annum) on scheduled dates only if the closing level of each index is at or above its Coupon Barrier Value, set at 70.00% of its Initial Value. The issuer may automatically redeem the Notes on specified Call Valuation Dates if each index is at or above 100.00% of its Initial Value, paying $1,000 plus the applicable coupon.
If the Notes are not called and the final level of the Least Performing Reference Asset is at or above its Barrier Value of 60.00% of its Initial Value, investors receive $1,000 per $1,000 at maturity. If it is below that Barrier Value, repayment is reduced dollar‑for‑dollar with the index decline, and investors may lose up to 100.00% of principal. Payments depend on the credit of Barclays Bank PLC and are subject to potential exercise of the U.K. Bail‑in Power. The initial issue price is $1,000 per Note, with an agent’s commission of 2.60% and estimated fair value between $921.60 and $971.60 per Note.
Barclays Bank PLC is issuing $411,000 of Autocallable Buffered Contingent Coupon Notes due July 18, 2031, linked to the Barclays US Tech Accelerator 6% Decrement USD ER Index. The notes pay a contingent coupon of $11.25 per $1,000 (13.50% per annum) only when the Index’s Closing Value on an Observation Date is at or above the Coupon Barrier Value of 33,287.49, equal to 80% of the Initial Underlier Value of 41,609.36.
Starting with the twelfth Observation Date, the notes are autocallable if the Index is at or above its initial level, returning $1,000 plus the current and any unpaid coupons, and ending further payments. If held to maturity and not called, investors receive $1,000 plus due coupons if the Final Underlier Value is at or above the Buffer Value of 35,367.96 (85% of the initial). Below this buffer, principal is reduced according to index losses beyond the 15% buffer, with up to an 85% loss of principal possible. The Index itself is highly complex, using 100–400% leveraged exposure to a Nasdaq‑100 futures index and a 6% per annum decrement, both of which can significantly depress performance. Any payments depend on Barclays Bank PLC’s credit and are subject to potential U.K. Bail-in Power.
Barclays Bank PLC is issuing S&P 500® Index-linked structured notes that offer capped upside, limited downside protection, and leveraged losses beyond a threshold. The notes mature on July 20, 2028, with the Final Valuation Date on July 17, 2028.
The Initial Underlier Value is 7,572.40, with a Buffer Value of 5,679.30 (75% of the initial level). If the index rises, investors participate in the Underlier Return up to a Maximum Upside Return of 16.93%, for a maximum payment of $1,169.30 per $1,000 note. If the index is between 75% and 100% of its initial level, investors receive the absolute value of the index return, up to a 25% gain. Below the Buffer Value, losses are leveraged: investors lose about 1.33333% of principal for each 1% decline below the 25% buffer. The total offering size is $6,748,000, priced at 100% of principal with a 1.50% selling commission. The notes are unsecured, unsubordinated obligations subject to U.K. Bail-in Power, are not exchange-listed, and carry complex tax and credit risks.
Barclays Bank PLC is offering $2,545,000 of unsecured Digital Notes due July 27, 2027, linked to an equally weighted basket of Constellation Energy, GE Vernova and NRG Energy stock. The notes pay no interest and are issued in $1,000 denominations.
At maturity, if the basket’s final value is at or above its initial value of 100.00, investors receive a fixed digital payment of $1,384 per $1,000 note, reflecting a 38.40% return. If the basket declines, repayment equals $1,000 plus the basket return, fully exposing investors to downside to zero. The notes are subject to Barclays’ credit risk and potential exercise of U.K. Bail-in Power, and will not be listed on any exchange.
Barclays Bank PLC is offering market-linked, unsecured notes with a $1,000 principal amount per security, linked to the worst performer of JPMorgan Chase, NVIDIA and UnitedHealth common stocks. The original offering price is $1,000, including an agent discount of $25.75, yielding $974.25 in proceeds to Barclays per security.
The notes may be automatically called on July 27, 2027 if the lowest performing stock is at or above 90% of its starting price, paying at least $1,385 per security (a call premium of at least 38.50%). If not called, at maturity on July 26, 2029 investors receive: leveraged upside at a 200% upside participation rate if the lowest stock is above its starting price; full principal repayment if it is between 80% and 100% of its starting price (a 20% buffer); or a loss of principal on a 1-to-1 basis beyond the 20% buffer, down to a maximum loss of 80%.
All payments depend on Barclays’ credit and are subject to U.K. Bail-in Power, meaning principal and interest can be written down, converted or modified by the U.K. resolution authority. The estimated value on the pricing date is expected to be less than the original offering price, and there may be limited or no secondary market.
Barclays Bank PLC is offering equity-index linked notes under its Global Medium-Term Notes, Series A program, providing exposure to the Nasdaq-100 Index (NDX) and the S&P 500 Index (SPX). The notes pay no interest and do not guarantee full principal repayment.
At maturity, the cash payment per $1,000 note depends on the Lesser Performing Underlier. If that index finishes above its initial level, investors receive $1,000 plus its return, capped by a Maximum Upside Return of 25.50%, for a maximum payment of $1,255. If it finishes at or below its initial level but at or above 85% of its initial value, investors receive $1,000 plus 1.5 times its percentage decline, up to a 22.50% gain.
If the Lesser Performing Underlier closes below 85% of its initial value, repayment is reduced proportionally beyond the 15.00% buffer, and investors may lose up to 85.00% of principal. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC and are subject to the issuer’s credit risk and potential exercise of U.K. Bail-in Power. The issue price is $1,000 per note, with a 0.875% selling commission and 99.125% of principal payable to Barclays.
Barclays Bank PLC is issuing $1,735,000 of unsecured, unsubordinated Global Medium-Term Notes, Series A, digital notes due July 27, 2027, linked to the VanEck® Semiconductor ETF (SMH). The notes pay no interest and are not principal-protected.
At maturity, for each $1,000 note, if the ETF’s Final Underlier Value is greater than or equal to the Initial Underlier Value of $590.77, investors receive $1,000 + ($1,000 × 42.30%), or $1,423. If the Final Underlier Value is lower, repayment equals $1,000 + ($1,000 × Underlier Return), fully exposing holders to downside and allowing for a total loss of principal.
The initial issue price is $1,000 per note, with a 2.00% agent’s commission and 98.00% proceeds to Barclays. The notes will not be listed on any U.S. exchange, any payment depends on Barclays Bank PLC’s credit, and holders expressly consent to potential use of the U.K. Bail-in Power, which could reduce, convert, or cancel the notes. Tax disclosure indicates a treatment as prepaid forward contracts, subject to future IRS or Treasury changes.
Barclays Bank PLC is offering $512,000 of Autocallable Contingent Coupon Barrier Notes due July 19, 2029, linked to the Class A shares of Alphabet and Meta and the common stock of NVIDIA. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC.
Investors may receive a Contingent Coupon of $10 per $1,000 (12.00% per annum) on monthly dates only if on the relevant Observation Date the Closing Value of each underlier is at or above its Coupon Barrier Value, set at 50% of the Initial Underlier Value. Beginning with the sixth Observation Date, the notes will be automatically redeemed if each underlier is at or above its Initial Underlier Value, returning $1,000 per note plus due coupons.
If the notes are not called, principal repayment at maturity depends on the Least Performing Underlier. If its Final Value is at or above its Barrier (50% of initial), principal is repaid; if it is below and no underlier is at or above its Initial Value, repayment is reduced one-for-one with that underlier’s loss, up to a total loss of principal. Holders also consent to potential losses or conversions under the U.K. Bail-in Power, and the notes will not be listed on a securities exchange.
Barclays Bank PLC plans to issue Phoenix AutoCallable Notes due August 3, 2028, linked to the least‑performing of the Russell 2000, Dow Jones Industrial Average and Nasdaq‑100 indices. The notes pay a contingent coupon of $23.50 per $1,000 (9.40% p.a.) on specified dates only if each index is at or above its 70% Coupon Barrier.
The notes may be automatically called from January 2027 onward if all indices are at or above 100% of their Initial Values, returning $1,000 plus the coupon. If not called and the worst index finishes below 70% of its Initial Value, repayment is reduced one‑for‑one with that loss and investors can lose up to 100% 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. Initial issue price is $1,000, with an agent commission of 2.60% and estimated fair value between $923.10 and $973.10 per note. The notes will not be listed, and secondary market liquidity may be limited.
Barclays Bank PLC is offering Capped GEARS, unsecured unsubordinated notes linked to an unequally weighted basket of five equity indices (EURO STOXX 50, Nikkei 225, FTSE 100, Swiss Market Index, S&P/ASX 200) maturing on or about October 1, 2027. Each Security has a $10 principal amount and an Upside Gearing of 3.0, with a Maximum Gain between 19.75% and 21.75%, set on the trade date. At maturity, if the Basket Return is positive, payment equals $10 plus three times the Basket Return, capped at the Maximum Gain; if it is zero, only $10 is repaid; if negative, repayment is reduced one-for-one with the Basket’s decline, exposing investors to full downside risk and potential total loss of principal.
The basket is weighted 40% SX5E, 25% NKY, 17.5% UKX, 10% SMI and 7.5% AS51, so the first three indices drive most performance. The notes pay no interest, do not provide dividends, and may have limited secondary liquidity. Any payment depends on Barclays Bank PLC’s credit and is subject to U.K. Bail-in Power, which can write down, convert or cancel the Securities. Initial issue price is $10.00 per Security, including a $0.20 underwriting discount and $9.80 in proceeds to Barclays, with a minimum investment of $1,000 (100 Securities).
Barclays Bank PLC is offering Phoenix AutoCallable Notes due July 27, 2028, linked to the common stock of United Airlines Holdings, Inc. The Notes are unsecured, unsubordinated obligations with a minimum denomination of $1,000 and will not be listed on any exchange.
Investors may receive a Contingent Coupon of $12.625 per $1,000 (1.2625% per period, based on 15.15% per annum) on scheduled dates, but only if the UAL closing price is at or above the Coupon Barrier Value, set at 50.00% of the Initial Value. The same 50% level is the Barrier Value for principal protection.
If the Notes are not automatically called and the final UAL price is at or above the Barrier Value, investors receive back $1,000 per Note plus any due coupon. If it is below the Barrier Value, repayment is reduced one-for-one with UAL’s decline from the Initial Value, and investors may lose up to 100% of principal. Automatic call can occur on specified Call Valuation Dates if UAL is at or above 100% of its Initial Value, returning $1,000 plus the coupon, with no further payments.
The initial issue price is $1,000 per Note, with an agent commission of 0.75% (up to $7.50 per $1,000), so proceeds to Barclays are 99.25% per Note. Barclays’ own estimated value on the Initial Valuation Date is expected to be between $921.70 and $971.70 per Note, below the issue price. Holders also expressly consent to the potential exercise of any U.K. Bail-in Power, which could result in partial or total loss or conversion of the Notes.
Barclays Bank PLC is offering $350,000 of Autocallable Buffered Contingent Coupon Notes due July 18, 2031, linked to the Barclays US Tech Accelerator 6% Decrement USD ER Index. The notes pay a contingent coupon of $10 per $1,000 (12.00% per annum) only if, on an Observation Date, the index is at or above the Coupon Barrier Value of 29,126.55, equal to 70.00% of the Initial Underlier Value of 41,609.36. Missed coupons accrue and may be paid later if conditions are met.
From the 12th Observation Date onward, if the index is at or above the Initial Underlier Value, the notes are automatically redeemed at $1,000 plus the current and any unpaid coupons. At maturity, if not redeemed and the Final Underlier Value is at or above the Buffer Value of 35,367.96 (85.00% of initial), investors receive full principal plus due coupons. If it is below the Buffer Value, repayment is reduced according to $1,000 × (Underlier Return + 15.00%), exposing investors to losses of up to 85.00% of principal.
The index embeds a 6% per annum decrement and uses leveraged exposure of 100%–400% to a Nasdaq-100 futures index, which can magnify losses. 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. Initial issue price is $1,000 per note, with an estimated value of $908.40 and agent commissions of 4.75%; the notes will not be listed, and secondary market liquidity may be limited.
Barclays Bank PLC is issuing unsecured, unsubordinated contingent coupon barrier notes linked to the common stock of Amazon.com, Inc., Meta Platforms, Inc. (Class A) and NVIDIA Corporation. The notes have a $1,000 denomination, an Issue Date of July 20, 2026 and mature on July 19, 2029, with an Initial Valuation Date of July 15, 2026 and Final Valuation Date of July 16, 2029.
Investors may receive a Contingent Coupon of $10.625 per $1,000 (12.75% per annum, 1.0625% per month) on each Observation Date only if the Closing Value of each underlier is at or above its Coupon Barrier Value, set at 50.00% of its Initial Underlier Value. Missed coupons can be paid later if the condition is subsequently met. Starting with the sixth Observation Date, if all three underliers are at or above their Initial Underlier Values, the notes are automatically redeemed at $1,000 plus the applicable coupon and any unpaid coupons.
At maturity, if not called, principal repayment depends on the Least Performing Underlier. Full principal is returned (plus applicable coupons) if its Final Value is at or above its 50% Barrier Value. If the Least Performing is below its Barrier but the Best Performing is at or above its Initial Value, principal is still repaid at $1,000. If the Least Performing is below its Barrier and the Best Performing is below its Initial Value, repayment is reduced by the percentage decline of the Least Performing underlier, up to a 100% loss of principal.
The Initial Underlier Values and 50% Barrier/Coupon Barrier levels are: AMZN $243.62 / $121.81, META $603.12 / $301.56, NVDA $204.12 / $102.06. The total initial issue size is $611,000, priced at 100% of principal, with a 1.00% selling commission and 99.00% proceeds to Barclays. Payments are subject to Barclays’ credit and to potential exercise of U.K. Bail-in Power, which can write down, convert, or modify the notes.
Barclays Bank PLC is offering unsecured, unsubordinated notes linked to the S&P 500 Index, issued in $1,000 denominations under its Global Medium-Term Notes, Series A program. The notes pay no interest and do not guarantee repayment of full principal at maturity.
At maturity, investors receive for each $1,000 note: if the S&P 500 Final Value exceeds the Initial Value of 7,572.40, a gain equal to the index return capped by a Maximum Upside Return of 15.55%, for a maximum payment of $1,155.50. If the Final Value is less than or equal to the Initial Value but at or above the Buffer Value of 6,815.16 (a 10.00% Buffer Percentage), the payoff increases 1% for each 1% index decline, up to 10.00%. If the Final Value is below the Buffer Value, investors are exposed to index losses beyond the 10% buffer and may lose up to 90.00% of principal.
The initial issue size is $1,150,000, priced at 100% of principal, with a 0.70% selling commission. All payments depend on the credit of Barclays Bank PLC and are subject to the exercise of any U.K. Bail-in Power, which can result in write-down, conversion, or cancellation of the notes. U.S. tax counsel views the notes as prepaid forward contracts for U.S. federal income tax purposes, subject to potential future tax guidance.
Barclays Bank PLC is issuing $13,781,000 of Buffered Digital Plus Basket-Linked Global Medium-Term Notes, Series A, due June 29, 2029. Each note has a $1,000 face amount and pays no interest. Return depends on an unequally weighted basket of five equity indices in Europe, Japan, the U.K., Switzerland and Australia.
The initial basket level is 100 with a 15.00% buffer (buffer level 85.00%). If the final basket level is at or above the initial level, investors receive at least the threshold settlement amount of $1,313.20 per $1,000, or more if basket gains are higher. Between an up to 15% decline and flat, principal is returned; below the buffer, losses increase at about 117.65% of further downside and investors can 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. They are not FDIC-insured, will not be listed on an exchange, and their estimated value on the trade date is lower than the issue price.
Barclays Bank PLC is offering $4,850,000 of Digital Nasdaq-100 Index-linked Global Medium-Term Notes, Series A, due October 19, 2027. Each note has a $1,000 face amount, is an unsecured, unsubordinated obligation, pays no interest, and will not be listed on any securities exchange. Repayment of principal is subject to Barclays’ credit risk and to the potential exercise of any U.K. Bail-in Power by the relevant U.K. resolution authority.
The payoff depends on the Nasdaq-100 Index® level from the trade date of July 15, 2026 (initial level 29,502.60) to the determination date of October 15, 2027. If the final index level is at least 90.00% of the initial level, investors receive a capped cash amount of $1,154.50 per $1,000 note (the maximum and threshold settlement amount). If the final level is below 90.00%, investors incur a leveraged loss of approximately 1.1111% of face amount for each 1% the final level is below the threshold, down to a total loss of principal. The notes are expected to be treated for U.S. federal income tax purposes as prepaid forward contracts, though the tax treatment is uncertain.
Barclays Bank PLC is issuing $3,222,000 of Global Medium-Term Notes, Series A, structured as market-linked, auto-callable securities tied to the lowest performing of Meta Platforms Class A common stock and Microsoft common stock, maturing on July 19, 2029. Each security has a $1,000 principal amount, original offering price of $1,000, and proceeds to Barclays of $974.25 per security.
The notes may be automatically called quarterly from July 20, 2027 through July 16, 2029 if the lowest performing stock’s closing price is at or above its starting price ($681.31 for META, $395.63 for MSFT). Call premiums start at 27.250% of principal (payment $1,272.50) and rise to 81.750% (payment $1,817.50) on the final calculation day, based on a simple return of about 27.25% per year. Investors do not participate in upside beyond the fixed call premium.
If the notes are not called, principal at maturity depends on the lowest performing stock on the final calculation day. There is full repayment at $1,000 per note if that stock is at or above its threshold price of 70% of starting (META $476.917, MSFT $276.941). If it closes below its threshold, repayment equals $1,000 times its performance factor, exposing investors to losses greater than 30% and potentially a total loss. Payments are unsecured, unsubordinated obligations of Barclays and are subject to U.K. Bail-in Power and complex U.S. tax treatment, including possible treatment as prepaid forward contracts.
Barclays Bank PLC is offering senior unsecured notes linked to an equally weighted basket of Apollo Global Management, Ares Management and KKR common stocks. The notes pay no interest and do not guarantee repayment of principal.
At maturity on July 27, 2027, for each $1,000 note, holders receive $1,350.50 (a fixed 35.05% digital return) if the basket’s Final Value is at or above its Initial Value of 100.00. If the Final Basket Value is below the Initial Basket Value, the payoff is $1,000 + ($1,000 × Basket Return), giving full 1:1 downside exposure to the basket and potential loss of up to 100% of principal.
The offering size is $1,409,000, with a 2.00% selling commission and 98.00% proceeds to Barclays. The notes are unsecured and unsubordinated obligations subject to Barclays’ credit risk and consent to any U.K. Bail-in Power. They are not exchange-listed, not deposits, and are not insured by U.K. or U.S. protection schemes. For U.S. tax purposes, counsel views them as prepaid forward contracts, though future IRS guidance could affect this treatment.
Barclays Bank PLC is offering $2,676,000 of Autocallable Notes due July 18, 2031, linked to the Barclays US Tech Accelerator 6% Decrement USD ER Index. The Notes pay no interest and do not guarantee full principal repayment.
The Notes may be automatically redeemed from July 2027 onward if the Index closing value on an Observation Date is at or above the Initial Underlier Value of 41,609.36, paying $1,000 plus the applicable Redemption Premium (from 20.2000% up to 101.0000%). If not redeemed and the Final Underlier Value is at or above the Buffer Value of 35,367.96 (85% of the initial level), investors receive $1,000 per $1,000 Note; below the Buffer Value, losses match index declines beyond the 15% buffer, up to an 85.00% loss of principal.
The Index applies a 6% per annum decrement, deducted daily, and variable leveraged exposure of 100%–400% to a Nasdaq‑100 futures-based index, which can magnify losses. Any payments depend on the credit of Barclays Bank PLC and are subject to the potential exercise of U.K. Bail-in Power, which could reduce, convert or cancel the Notes.
Barclays Bank PLC is offering $3,060,000 of Global Medium-Term Notes, Series A, in the form of callable contingent coupon notes due July 18, 2030, linked to the least performing of three ETFs: IGV, SMH and XLK. The notes have a $1,000 minimum denomination.
Investors may receive a quarterly Contingent Coupon of $17.333 per $1,000 note (20.80% per annum) only if on each Observation Date the closing value of every Reference Asset is at or above its Coupon Barrier Value, set at 60% of its Initial Value. Barclays may redeem the notes in whole, at its option, on specified Call Valuation Dates for $1,000 per note plus the applicable coupon.
If not redeemed, at maturity investors receive $1,000 per note only if the Final Value of the least performing Reference Asset is at or above its Barrier Value, set at 50% of its Initial Value; otherwise, repayment is reduced one-for-one with that decline, up to a total loss of principal. Payments depend on Barclays’ credit and are subject to potential U.K. Bail-in Power, there is no exchange listing, and the issuer’s estimated value of $979.40 per note is below the $1,000 issue price.
Barclays Bank PLC is offering unsecured, unsubordinated notes linked to the S&P 500 Index, issued under its Global Medium-Term Notes, Series A program. Each note has a $1,000 issue price and matures on July 20, 2028, with the Final Valuation Date on July 17, 2028.
If the S&P 500 Final Level is above the Initial Level of 7,572.40, investors participate in the index’s gain up to a Maximum Upside Return of 24.76%, for a maximum payment of $1,247.60 per $1,000 note. If the Final Level is between the Initial Level and the Buffer Value of 6,436.54 (85% of the Initial Level), investors receive a positive “absolute return” of 1% for each 1% decline, capped at 15.00% (up to $1,150 per note).
If the Final Level falls below the Buffer Value, principal is exposed on a leveraged basis: investors lose 1.17647% of principal for each 1% the index finishes below the Buffer Level, potentially losing some or all of their investment. Any payment is subject to Barclays Bank PLC’s credit and to the exercise of any U.K. Bail-in Power, which can write down, convert, or amend the notes. The notes will not be listed, have an initial public price of 100% with a 1.50% agent commission and 98.50% proceeds to Barclays, and are expected to be treated as prepaid forward contracts for U.S. tax purposes, though the IRS could challenge this treatment.
Barclays Bank PLC is offering $808,000 of autocallable unsecured notes due July 18, 2031, linked to the Barclays US Tech Accelerator 6% Decrement USD ER Index. The notes pay no interest and may be automatically redeemed quarterly after about one year if the index closing value is at or above its initial level, returning principal plus a fixed Redemption Premium that steps up from 20% on the first observation date to 100% on the final one.
If never called and the final index value is at least 85% of the initial level, investors receive $1,000 per note at maturity; below that buffer, principal is reduced in line with index losses beyond 15%, with up to 85% of principal at risk. The index itself includes a 6% per annum decrement and variable leveraged exposure of 100%–400% to a Nasdaq-100 futures strategy, which can amplify losses. Initial issue price is $1,000 per note, with an issuer-estimated value of $917.60, and the notes are subject to Barclays’ credit and U.K. Bail-in Power, with no stock-exchange listing and limited expected liquidity.
Barclays Bank PLC is issuing $2,113,000 of Autocallable Buffered Notes due July 18, 2031, linked to the Barclays US Tech Accelerator 6% Decrement USD ER Index. The notes pay no interest and may be automatically redeemed quarterly (after about one year) if the index closing value on an Observation Date is at or above the Call Value of 37,448.42, equal to 90% of the Initial Underlier Value. On automatic redemption, holders receive $1,000 plus a fixed Redemption Premium that steps up from 15.5% on the first Observation Date to 77.5% on the Final Valuation Date.
If the notes are not called, at maturity holders receive $1,000 per note if the Final Underlier Value is at or above the Buffer Value of 35,367.96 (85% of the initial level). Below the buffer, repayment is reduced dollar-for-dollar with index losses beyond the 15% buffer, down to a minimum of $150 per $1,000, implying potential loss of up to 85% of principal. The index itself uses up to 400% leveraged exposure to Nasdaq‑100 futures and applies a 6% per annum decrement deducted daily, which drags performance.
The initial issue price is $1,000 per note; Barclays’ estimated value on the Initial Valuation Date is $921.20 per $1,000, reflecting fees, commissions and hedging costs. Agent commission is 4.75%, with net proceeds to Barclays of $2,012,632.50. Payments are unsecured, unsubordinated obligations of Barclays Bank PLC and are subject to U.K. Bail-in Power, under which a U.K. resolution authority could write down, convert or cancel the notes in a resolution scenario.
Barclays Bank PLC is offering Autocallable Buffered Return Enhanced Notes due July 20, 2028, linked to an equally weighted basket of Bank of America, Capital One Financial, Morgan Stanley and Wells Fargo common stock. Each Note has a $1,000 initial issue price, with a 1.50% selling commission and 98.50% proceeds to Barclays.
The Notes can be automatically called on August 5, 2027 if the Basket Level on the August 2, 2027 review date is at or above the initial basket level, paying at least $1,166 per $1,000 Note. If not called, upside at maturity is leveraged by a 1.25 Upside Leverage Factor when the final basket level exceeds the initial level. A 15% buffer (Buffer Value 85) protects principal for moderate declines; below this, losses are magnified by a 1.17647 Downside Leverage Factor, and some or all principal can be lost.
Payments depend entirely on Barclays Bank PLC’s credit and are subject to potential U.K. Bail-in Power, which can write down, convert or modify the Notes. The Notes are unsecured, unsubordinated obligations and will not be listed on any U.S. securities exchange.
Barclays Bank PLC is offering Autocallable Fixed Coupon Notes due August 1, 2028, linked to the least-performing of JPM, DIS, CAT and MSFT. The Notes pay fixed coupons of $10 per $1,000 (a 12.00% per annum rate) on scheduled Coupon Payment Dates and are subject to automatic call if on any Call Valuation Date the closing value of each Reference Asset is at least 100.00% of its Initial Value, in which case investors receive the $1,000 Redemption Price plus the coupon and the Notes terminate early.
If not called, at maturity investors receive $1,000 per Note only if the Final Value of the Least Performing Reference Asset is at least its Barrier Value of 50.00% of Initial Value. Otherwise, payment is reduced in proportion to the decline of that asset, or Barclays may instead deliver shares (and cash for fractional shares) of the Least Performing Reference Asset; investors can lose up to 100.00% of principal. The Notes are unsecured, unsubordinated obligations of Barclays, subject to its credit risk and the exercise of any U.K. Bail-in Power. Per $1,000 Note, the price to the public is $1,000, underwriter commission is 3.50%, and issuer proceeds are 96.50%. Barclays’ estimated value on the Initial Valuation Date is expected between $901.90 and $951.90 per Note. The Notes will not be listed on any U.S. securities exchange.
Barclays Bank PLC is offering Callable Contingent Coupon Notes due July 29, 2031 linked to the least performing of the EURO STOXX 50, Russell 2000 and Nasdaq‑100 indices. The notes pay a contingent coupon of $7.50 per $1,000 (0.75% monthly, 9.00% per annum) only if on each Observation Date all three indices are at or above their respective Coupon Barrier Values, set at 50.00% of their Initial Values.
Barclays may redeem the notes quarterly after roughly three months at $1,000 plus any due coupon. If held to maturity and the final level of the least performing index is at or above its 50.00% Barrier Value, investors receive full principal. If it is below that barrier, repayment is reduced one‑for‑one with the index loss, down to zero, so up to 100.00% of principal can be lost. The notes are unsecured, unsubordinated obligations subject to Barclays’ credit risk and to potential U.K. Bail‑in Power. Initial issue price is $1,000, with an estimated value between $905.90 and $985.90 and selling commissions of up to 0.30%.
Barclays Bank PLC is offering Phoenix AutoCallable Notes due April 22, 2027 linked to the common stock of Tesla, Inc. Each note has a $1,000 denomination and pays a contingent coupon of $7.917 per period, equal to 9.50% per annum, only if TSLA’s closing price on an Observation Date is at or above the Coupon Barrier Value, set at 50.00% of the Initial Value. The notes are subject to automatic call from October 19, 2026 onward if TSLA is at or above 100% of its Initial Value on a Call Valuation Date, in which case investors receive $1,000 plus the applicable coupon and no further payments.
If the notes are not called, at maturity investors receive $1,000 per note if the Final Value is at or above the Barrier Value (also 50.00% of Initial Value). If the Final Value is below the Barrier Value, the payoff becomes fully loss‑participating, calculated as $1,000 plus $1,000 multiplied by TSLA’s return; investors may lose up to 100.00% of principal. The notes are unsecured, unsubordinated obligations of Barclays, subject both to its credit risk and to potential exercise of any U.K. Bail‑in Power, which could write down or convert the notes. The initial issue price is $1,000, with agent commissions of 0.85% and an estimated initial value between $930.50 and $980.50 per note.
Barclays Bank PLC is offering unsecured, unsubordinated structured Notes that provide exposure to the Nasdaq‑100 Index and the S&P 500 Index, without paying interest or guaranteeing full principal at maturity. Each Note has a $1,000 denomination and a term from July 23, 2026 to November 26, 2027.
The cash payment at maturity depends on the performance of the Lesser Performing Underlier. If that index rises, the upside is unleveraged but capped at a Maximum Upside Return of 24.50%, for a maximum payment of $1,245 per $1,000 Note. If that index falls but its Final Value remains at or above 85.00% of its Initial Value (the Buffer Value), investors receive a positive 1% return for each 1% decline, up to 15.00%. Below the Buffer Value, repayment is reduced linearly and investors can lose up to 85.00% of principal.
The Notes are subject to the credit risk of Barclays Bank PLC and to potential exercise of any U.K. Bail‑in Power, which could reduce, convert or cancel amounts due. The initial issue price is 100% of principal, including a 0.875% selling commission, with issuer proceeds of 99.125%. The Notes are not listed on any exchange and are not insured by any deposit insurance scheme.
Barclays Bank PLC is offering unsecured, unsubordinated notes linked to the SPDR® Gold Trust. Each $1,000 note pays at maturity based on the Underlier Return of the trust shares, with upside participation capped by a Maximum Return of at least 12.70%.
If the Underlier Return is positive, investors receive $1,000 plus the Underlier Return, up to the Maximum Return. If the Underlier Return is between 0.00% and -5.00%, principal is reduced 1% for each 1% decline. Below -5.00%, investors receive the Minimum Payment at Maturity of $950.00 per $1,000, a 5.00% loss.
The notes do not pay coupons, are not listed on any exchange, and payments depend on the creditworthiness of Barclays Bank PLC and the potential exercise of any U.K. Bail-in Power, which could write down or convert the notes. The initial issue price is $1,000 per note, with a 1% selling commission and 99% proceeds to Barclays. The issuer expects the notes’ estimated value on the pricing date to be below the issue price, and any secondary market price is likely to be lower than the purchase price.
Barclays Bank PLC is offering Contingent Income Auto-Callable Securities due July 20, 2028, linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. These unsecured, unsubordinated notes are principal at risk and not listed on any exchange.
Investors may receive a contingent quarterly payment of at least 2.5125% of the $1,000 stated principal amount (at least $25.125) for each determination date on which every index closes at or above 70% of its initial value. Beginning January 19, 2027, if on any non-final determination date all indices are at or above their initial values, the notes auto-call for $1,000 plus that quarter’s coupon.
If the notes are not redeemed and, at maturity, any index finishes below its 70% downside threshold, repayment of principal is reduced one-for-one with the decline of the worst index, potentially to zero. Payments depend on Barclays Bank PLC’s credit and are subject to U.K. Bail-in Power. The issue price is $1,000, including $17.50 in selling commissions and a $5.00 structuring-related amount per note, leaving $977.50 in proceeds to the issuer, and the issuer’s own estimated value on the pricing date is expected to be below $1,000.
Barclays Bank PLC is offering Phoenix AutoCallable Notes, maturing July 25, 2029, linked to the Class C common stock of Dell Technologies Inc. Each $1,000 note pays a contingent coupon of $29.375 (2.9375% per period, 35.25% per annum) only when Dell’s closing price on an Observation Date is at or above 60.00% of its initial value.
Beginning about six months after issuance, if on a Call Valuation Date Dell’s price is at least 100.00% of its initial value, the notes are automatically redeemed at $1,000 plus any due coupon, and no further payments are made. If not called, at maturity investors receive $1,000 per note if Dell’s final price is at or above the 60.00% barrier; if below, repayment is reduced one-for-one with Dell’s decline, down to zero, so up to 100.00% of principal can be lost. The notes are unsecured, unsubordinated obligations of Barclays, subject to U.K. Bail-in Power, not insured by any government scheme, not listed on an exchange, and have an estimated initial value of $878.40–$938.40 per note versus a $1,000 issue price, reflecting dealer commissions of up to 2.95% and structuring, hedging and distribution costs.
Barclays Bank PLC is offering Buffered Digital Plus Basket-Linked Global Medium-Term Notes, Series A, each with a $1,000 face amount and no interest payments. The return at maturity depends on an unequally weighted equity basket: EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (7%). The determination date is expected to fall between 35 and 38 months after the trade date, with maturity two business days later.
If the final basket level is at or above the initial basket level, investors receive the greater of a threshold settlement amount (expected between $1,271.80 and $1,319.70 per $1,000) and $1,000 plus the basket return. If the basket falls by up to 15%, investors receive full principal; below that buffer level (85% of initial), principal losses accelerate at about 117.65% of further declines, and investors could lose their entire investment.
The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, not insured by the FDIC or any government agency, and are subject to the exercise of any U.K. Bail-in Power, which can reduce, convert or cancel the notes. They will not be listed on any exchange, and secondary liquidity may be limited. Barclays expects the notes’ estimated value on the trade date to be lower than the initial issue price because of fees, hedging costs and dealer compensation. U.S. federal income tax treatment is uncertain but is expected to follow a prepaid forward contract analysis.
Barclays Bank PLC is offering Phoenix AutoCallable Notes due June 26, 2028, linked to the least performing of the Dow Jones Industrial Average, Russell 2000 and Nasdaq‑100, in $1,000 denominations with a 9.15% per annum contingent coupon (0.7625% per month) when all three indices stay at or above 75% of their initial levels on observation dates.
The notes may be automatically called from about three months after issuance if all indices are at or above 100% of their initial values, returning $1,000 per note plus the coupon. If not called, and the worst index finishes below 70% of its initial level, repayment of principal is reduced one‑for‑one with the decline, up to a total loss. Payments depend on Barclays’ credit and are subject to U.K. Bail‑in Power, under which a U.K. resolution authority could reduce, cancel, convert or modify the notes. The estimated value on the initial valuation date is expected between $921 and $971 per $1,000, below the issue price, reflecting commissions, hedging and structuring costs.
Barclays Bank PLC is issuing unsecured, unsubordinated AutoCallable Contingent Coupon Notes due July 24, 2031, in $1,000 denominations, linked to the least performing of the EURO STOXX 50® Index, the VanEck Semiconductor ETF and the Energy Select Sector SPDR® Fund. The initial issue price is $1,000 (100% of principal), with an agent commission of 4.25%, leaving issuer proceeds of 95.75% per note.
The notes pay a contingent coupon of $12.333 per $1,000 (a 14.80% annual rate) only when all reference assets are at or above 70% of their initial values on observation dates; missed coupons become Unpaid Coupon Amounts, paid later only if this condition is later met. From about one year after issuance, the notes auto-call at $1,000 plus due coupons if each asset is at or above 100% of its initial value on specified call dates. If never called, and the least performing asset finishes at or above its 60% barrier, principal is repaid; below that barrier, repayment equals $1,000 plus $1,000 times that asset’s return, allowing up to 100% loss of principal. Holders forgo dividends and upside in the reference assets. The notes are subject to Barclays Bank PLC credit risk and consent to U.K. Bail-in Power, under which authorities can write down, convert or modify the notes. They will not be listed, and Barclays’ estimated economic value at pricing is expected between $850.00 and $926.20 per $1,000, below the issue price.
Barclays Bank PLC is offering unsecured, unsubordinated structured notes linked to an equally weighted basket of Bank of America, Capital One Financial, Morgan Stanley and Wells Fargo common stock. Each $1,000 note is issued at 100% of principal in a $12,203,000 offering.
On the July 26, 2027 Review Date, if the Basket Level is at or above the Initial Basket Level of 100, the notes are automatically called and pay $1,187.50 per $1,000 note (an 18.75% premium), after which no further payments are due. If not called and the Final Basket Level on July 10, 2028 exceeds the Initial Basket Level, maturity payment equals $1,000 plus the Basket Return multiplied by the 1.25 Upside Leverage Factor. A 10% Buffer Value protects principal down to a Basket Level of 90; below this, investors lose 1.11111% of principal for each 1% additional decline, so a Final Basket Level of 50 yields $555.56 per $1,000 note.
Payments depend entirely on Barclays’ credit and are subject to the U.K. Bail-in Power, which can write down, convert, cancel or amend the notes. The notes are not insured, are not listed on any U.S. exchange, and secondary market liquidity may be limited. Tax counsel expects treatment as prepaid forward contracts, but IRS and U.S. Treasury guidance, including on Section 871(m), could materially affect tax consequences.
Barclays Bank PLC is issuing $8,200,000 of Contingent Income Auto-Callable Securities due July 13, 2028, linked to the worst-performing of Amazon, Alphabet and Microsoft stock, in denominations of $1,000 per security.
Investors may receive a $30.00 quarterly contingent payment (3.00% of principal), plus any unpaid amounts, only if on each determination date all three stocks close at or above 50% of their initial values. If any stock is at or above its initial value (100%) on a determination date (other than the final one), the notes auto-call for principal plus the applicable contingent payment(s). If not called and at maturity any stock is below its 50% downside threshold, the payout equals principal times the worst underlier’s final/initial ratio, causing a loss of more than 50% and possibly all principal. The notes are unsecured, unsubordinated obligations of Barclays, are not listed, have an estimated value below the issue price, and are subject to U.K. Bail-in Power.
Barclays Bank PLC is offering unsecured Callable Contingent Coupon Notes due July 20, 2029, linked to the least performing of the Russell 2000 Index, Nasdaq-100 Technology Sector Index and Dow Jones Industrial Average. The notes are issued in $1,000 denominations under Barclays’ Global Medium-Term Notes, Series A program.
The notes pay a contingent coupon of $9.167 per $1,000 (11.00% per annum) on scheduled dates only if each index is at or above 70.00% of its Initial Value on the related Observation Date. If not, no coupon is paid. At maturity, if the notes have not been called and the worst-performing index is at or above 50.00% of its Initial Value, investors receive $1,000 per note; if it is below 50.00%, repayment is reduced one-for-one with that index’s loss, down to a total loss of principal.
Barclays may redeem the notes in whole, at its discretion, on specified Call Valuation Dates for $1,000 plus any due coupon. The notes offer no participation in index gains, will not be listed, and may have limited or no secondary market. The issuer’s estimated value is expected to be $914.70–$974.70 per note, below the $1,000 issue price. Payments depend on Barclays’ credit and are expressly subject to potential write-down, conversion, cancellation or amendment under the U.K. Bail-in Power.
Barclays Bank PLC is offering $7,448,000 of Phoenix AutoCallable Notes due July 15, 2031, linked to the least performing of the Russell 2000 Index, Nasdaq-100 Index and Dow Jones Industrial Average. Each note has a $1,000 denomination and may redeem early if, on specified Call Valuation Dates, all three indices are at or above their Initial Values.
The notes pay a $23.50 Contingent Coupon per $1,000 (9.40% per annum) only when, on an Observation Date, every index is at least 75.00% of its Initial Value. If not called, and the worst index ends at or above 70.00% of its Initial Value, investors receive full principal; below that level, repayment is reduced one-for-one with the worst index, potentially to zero. The notes are unsecured obligations of Barclays, feature consent to U.K. Bail-in Power, are not exchange-listed, carry a 4.125% selling commission, and have an estimated value of $960.70 per note, below the $1,000 issue price.
Barclays Bank PLC is issuing $548,000 of unsecured, unsubordinated structured notes linked to the common stock of Microsoft, Micron Technology and Tesla. The notes are issued in $1,000 denominations on July 15, 2026 and mature on July 19, 2028.
Each note pays a Contingent Coupon of $24.50 per $1,000 (29.40% per annum, 2.45% per month) only if, on the relevant Observation Date, the closing value of every underlier is at or above its Coupon Barrier Value, set at 60.00% of its Initial Underlier Value (for example, MSFT: barrier $231.06 vs initial $385.10). Beginning about six months after issuance, on specified quarterly Redemption Observation Dates, if all underliers are at or above their Initial Underlier Values, the notes are automatically redeemed at $1,000 plus the due coupon and terminate.
If not redeemed early, at maturity holders receive: par plus the final coupon if the Least Performing Underlier finishes at or above its Barrier Value; par (without a coupon) if the least performer is below its barrier but at least one underlier finishes at or above its Initial Underlier Value; or a loss matching the negative return of the Least Performing Underlier if all underliers finish below their initial levels and the least performer is below its barrier, up to a total loss of principal. Investors forgo dividends and do not participate in any stock appreciation. The notes are unsecured obligations of Barclays, are not insured, and are subject to Barclays’ credit risk and to potential U.K. Bail-in Power, which could result in write-down, conversion or cancellation. Barclays’ estimated value on the Initial Valuation Date is stated to be less than the $1,000 issue price, and secondary market liquidity is not assured.
Barclays Bank PLC is offering Phoenix AutoCallable Notes due July 25, 2031, linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the SPDR S&P Regional Banking ETF. Each note has a $1,000 denomination and pays a contingent coupon of $7.75 per $1,000 (0.775% of principal, based on a 9.30% per annum rate) only when, on specified Observation Dates, the closing value of each reference asset is at or above 70.00% of its initial value. Beginning about one year after issuance, if on any Call Valuation Date all three reference assets are at or above 100.00% of their initial values, the notes are automatically redeemed at $1,000 per note plus the applicable contingent coupon.
If the notes are not redeemed early, then at maturity investors receive $1,000 per note only if the least performing reference asset finishes at or above its 60.00% barrier level; otherwise, repayment is reduced in proportion to the decline of that worst performer, down to a possible total loss of principal. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC and are subject to its credit risk and to potential exercise of U.K. Bail-in Power, which could result in write-down, conversion, amendment or cancellation of the notes. The initial issue price is $1,000 per note, including a 4.125% selling commission, while Barclays estimates the initial economic value at between $852.10 and $932.10 per note, reflecting distribution, hedging, structuring and development costs.
Barclays Bank PLC is offering unsecured Phoenix AutoCallable Notes due August 3, 2028, in $1,000 denominations, linked to the least performing of NVIDIA, Amazon.com and Arm Holdings ADS. The notes pay a contingent coupon of $37.083 per $1,000 (3.7083% per period, 44.50% per annum) only when on an Observation Date each reference share closes at or above 60.00% of its Initial Value. From roughly three months after issuance, if on a Call Valuation Date all three are at or above 100.00% of their Initial Values, the notes are automatically redeemed at $1,000 plus that period’s coupon.
If the notes are not called, repayment at maturity depends entirely on the “least performing” stock. If its Final Value is at least 50.00% of its Initial Value, investors receive $1,000 per note (plus any due coupon). If it finishes below 50.00%, holders are fully exposed to its decline and may receive far less than principal, or up to a total loss; Barclays may instead deliver shares of the worst performer (plus any fractional-share cash). Investors do not receive dividends or voting rights, the notes will not be listed, and secondary liquidity may be limited. Barclays expects the initial estimated value, based on internal models, to be between $902.70 and $952.70 per $1,000, reflecting embedded fees, hedging costs and 3.25% selling commissions. All payments are subject to Barclays’ credit and to potential exercise of U.K. Bail-in Power, which can write down, convert, amend or cancel the notes.
Barclays Bank PLC is offering $2,387,000 of Autocallable Fixed Coupon Notes due July 15, 2027, linked to the least-performing of the S&P 500, Russell 2000 and Nasdaq-100 indices. The notes pay fixed monthly coupons of $8.50 per $1,000 (a 10.20% annual rate).
Beginning after roughly six months, the notes are automatically called on designated dates if each index is at or above 100% of its Initial Value, returning $1,000 principal plus the coupon, with no further payments. If not called, and at maturity the least-performing index is at or above its 70% Barrier Value, investors receive full principal back plus the final coupon.
If at maturity the least-performing index is below its Barrier Value, repayment is reduced linearly with that index’s loss, and up to 100% of principal can be lost. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, subject to U.K. Bail-in Power, not exchange-listed, priced at 100% with a 0.45% selling commission and an issuer-estimated value of $998 per $1,000.
Barclays Bank PLC is offering $5,539,000 of Global Medium-Term Notes, Series A, callable contingent coupon notes due July 15, 2031, linked to the least performing of the Utilities Select Sector SPDR Fund, iShares 20+ Year Treasury Bond ETF, the Russell 2000 Index and the Nasdaq-100 Index.
Holders may receive a 12.00% per annum contingent coupon ($10 per $1,000 monthly) only when the closing value of each reference asset is at or above its coupon barrier, set at 70.00% of its initial value. If the notes are not redeemed early and, at maturity, the least performing reference asset is at or above its barrier level of 60.00% of its initial value, investors receive the $1,000 principal per note; otherwise, the payoff is reduced one-for-one with that asset’s loss, up to a total loss of principal.
Barclays may redeem the notes in whole, but not in part, on designated call dates for $1,000 per note plus any due coupon, limiting future income. The notes are unsecured, unsubordinated obligations of Barclays Bank PLC, are not listed on any U.S. securities exchange, and are expressly subject to the U.K. Bail-in Power, which could result in write-down, conversion or cancellation. Barclays’ own estimated value on the initial valuation date is $983.50 per $1,000 note, below the issue price due to commissions, hedging and structuring costs.
Barclays Bank PLC is offering $6,797,000 of Buffered Autocallable Fixed Coupon Notes due January 12, 2028, linked to the least performing of the S&P 500 Index and the iShares MSCI EAFE ETF. Investors receive fixed coupons of $35.50 per $1,000 note on three dates (7.10% per annum) until the notes are redeemed or mature.
The notes can be automatically called on January 7, 2027 or July 7, 2027 if both reference assets are at or above their initial values, in which case investors receive $1,000 plus the coupon and no further payments. If held to maturity and not called, principal is repaid only if the worst-performing asset is at or above 80% of its initial value; otherwise, investors lose 1.25% of principal for every 1% decline beyond the 20% buffer and may lose the entire principal.
Payments depend entirely on Barclays Bank PLC’s credit and are subject to possible exercise of U.K. Bail-in Power, which can write down, convert or cancel the notes. The notes will not be listed, and Barclays’ estimated value on the pricing date is $994.30 per $1,000, below the issue price, reflecting fees, hedging costs and profit.
Barclays Bank PLC is offering $6,116,000 of AutoCallable Notes due July 15, 2031 linked to the least performing of the S&P 500 Index, Russell 2000 Index and Dow Jones Industrial Average.
The notes are issued in $1,000 denominations at 100.00% of principal with a 10.00% per annum Periodic Call Premium. After approximately eighteen months, if on any call valuation date all three indices are at or above 85.00% of their initial level, the notes are automatically redeemed for $1,000 plus the applicable Call Premium, with maximum total return of 50.00% if called at the final call date.
If not called, repayment at maturity depends on the worst-performing index. Holders receive full principal if that index closes at or above 75.00% of its initial level; below this barrier, the payoff equals $1,000 plus the index return, allowing up to 100.00% principal loss. All payments are unsecured obligations of Barclays Bank PLC, subject to its credit risk and potential exercise of U.K. Bail-in Power, feature no dividends or voting rights on the indices, involve complex tax treatment as prepaid forward contracts, and the notes are not exchange-listed, which may limit liquidity.
Barclays Bank PLC is issuing $1,177,000 of unsecured AutoCallable Notes due July 15, 2031, linked to the least performing of the S&P 500 Index, Russell 2000 Index and Dow Jones Industrial Average. Denominations are $1,000.
The notes can be automatically called on scheduled dates from January 10, 2028 through the final valuation date if each index is at or above its Call Value of 85% of its Initial Value. On a call, investors receive $1,000 plus a Call Premium based on a Periodic Call Premium of $98.50 per $1,000, equivalent to 9.85% per year, compounded by the years outstanding.
If not called, at maturity investors receive $1,000 per note if the least performing index is at or above its Barrier Value of 75% of Initial Value. Below the barrier, repayment is reduced one-for-one with the index loss, down to zero, so up to 100% of principal can be lost. There are no coupons, dividends, or voting rights.
The initial issue price is 100% of principal; Barclays Capital Inc. receives a 0.65% selling commission ($6.50 per $1,000). The bank’s internal estimated value on the initial valuation date is $1,000.60 per note. The notes are senior unsecured obligations of Barclays Bank PLC, are subject to U.K. Bail-in Power, are not insured by the FDIC or U.K. schemes, and will not be listed on any U.S. securities exchange.
Barclays Bank PLC is offering $6,769,000 of unsecured AutoCallable Notes due July 15, 2031, linked to the least performing of the S&P 500 Index, Russell 2000 Index and Dow Jones Industrial Average. The notes are issued in $1,000 denominations at 100% of principal, with Barclays Capital Inc. receiving a 0.65% selling commission and net proceeds of 99.35% to Barclays. The issuer’s estimated value is $996.80 per Note, below the issue price.
Beginning about one year after issuance, the notes are automatically called on scheduled observation dates if each index closes at or above 85% of its Initial Value, paying $1,000 plus a Call Premium of $95.50 per year (9.55% per annum), up to a maximum total return of 47.75% if called on the final valuation date. If not called, and the least performing index finishes at or above 75% of its Initial Value, investors receive $1,000 at maturity; otherwise repayment is $1,000 plus the index return and losses can reach 100% of principal.
Payments depend entirely on Barclays’ credit and are subject to U.K. Bail-in Power, under which a U.K. resolution authority can write down, convert, cancel or modify the notes. The notes will not be listed, and any secondary market making by affiliates is discretionary and may be limited.
Barclays Bank PLC is offering unsecured, unsubordinated structured notes that pay contingent monthly coupons linked to four equity underliers: Intel (INTC), JPMorgan Chase (JPM), Palantir (PLTR) and Taiwan Semiconductor (TSM).
The notes pay a Higher Coupon Amount of $9.375 per $1,000 (11.25% per annum) for any observation date on which the closing value of each underlier is at or above its Coupon Barrier Value, set at 75% of its initial value. If any underlier is below its barrier, holders receive only the Lower Coupon Amount of $0.208 per $1,000 (0.25% per annum). Beginning with the 12th observation date, the notes are automatically redeemed if each underlier is at or above its Call Value, set at 90% of initial value, paying $1,000 principal plus the applicable coupon.
If never called, principal is repaid at maturity in 2031 plus the coupon then due, subject to the credit of Barclays Bank PLC and the risk that a U.K. resolution authority exercises U.K. Bail-in Power, which can write down, convert, cancel or amend the notes. The notes will not be listed, initial issue price is $1,000 per note, agent’s commission is 4.60% (issuer proceeds 95.40%), and the issuer’s internal estimated value on the pricing date is expected to be below the issue price.
Barclays Bank PLC is offering $500,000 of AutoCallable Notes due July 13, 2029, linked to the least performing of the S&P 500 Index and the Russell 2000 Index. The notes are unsecured, unsubordinated obligations, subject to Barclays’ credit risk and any exercise of U.K. Bail-in Power.
Each note has a $1,000 denomination and may be automatically called on annual Call Valuation Dates in 2027, 2028 or on the Final Valuation Date if both indices are at or above 100% of their Initial Values. If called, investors receive principal plus a Call Premium of $120.50 per $1,000 per year (12.05% per annum), up to a maximum Redemption Price of $1,361.50 (36.15% total) after three years.
If not called, and the Final Value of the least performing index is at least 70% of its Initial Value, investors receive full principal. If it is below this 70% Barrier, maturity payment is reduced one-for-one with the index loss, down to zero, so investors may lose up to 100% of principal. The initial issue price is $1,000 per note, including a 2.85% selling commission; Barclays’ estimated value on the Initial Valuation Date is $975.80 per note. The notes will not be listed, secondary liquidity is uncertain, and U.S. tax treatment is expected, but not certain, to follow prepaid forward contract treatment.