iPath® B S&P 500® VIX Md-Trm Futs™ ETN SEC Filings

Barclays Bank PLC has filed a preliminary pricing supplement for $[●] AutoCallable Notes due August 2, 2028, linked to the performance of the Russell 2000 Index, Nasdaq-100 Index, and Dow Jones Industrial Average.

Key features of the Notes include:

• Minimum denomination of $1,000
• Issue Date: July 31, 2025
• Maturity Date: August 2, 2028
• Automatic Call feature triggers if all Reference Assets close at or above Call Value (100% of Initial Value)
• Periodic Call Premium of $120 per $1,000 principal (12% per annum)
• 70% Barrier Value protection at maturity

Notable risks include potential loss of up to 100% of principal if the Least Performing Reference Asset falls below Barrier Value. The estimated value ($886.70-$946.70) is less than the issue price ($1,000). Notes are subject to Barclays' creditworthiness and U.K. Bail-in Power, which could result in write-down, conversion, or modification of the Notes.

Barclays Bank PLC has issued a $20 million offering of unsecured, unsubordinated Step Down Trigger Autocallable Notes linked to the lesser-performing of the Russell 2000® Index (RTY) and the S&P 500® Index (SPX). The Notes, priced at $10 each (minimum purchase 100 Notes), settle on 30 Jun 2025 and mature on 28 Jun 2028, unless automatically called earlier.

Automatic call feature: Barclays will redeem the Notes at par plus an increasing Call Return if, on any quarterly Observation Date (starting 01 Jul 2026) or on the Final Valuation Date, the closing level of each index is at or above its Initial Underlying Level (100%) or its Downside Threshold (70%). The annual Call Return Rate is set at 9.50 % for RTY-linked quarters and 9.50 % overall, compounding by quarter.

Downside risk: If the Notes are not called and either index closes below its Downside Threshold (1,495.330 for RTY; 4,264.51 for SPX) on the Final Valuation Date, investors receive par less the full negative return of the worse-performing index, exposing them to up to a 100% loss of principal.

Credit considerations: Payments depend solely on Barclays Bank PLC’s ability to pay and are subject to U.K. Bail-in Power. The Notes are not FDIC-insured, are not listed on any exchange, and their estimated fair value on the trade date is $9.716, below the $10 issue price.

Investors should review the detailed Risk Factors on page PS-8 and the prospectus dated 15 May 2025 before investing.

Barclays Bank PLC is offering unsecured, unsubordinated Callable Contingent Coupon Notes linked to the least-performing of the S&P 500, Russell 2000 and Nasdaq-100 indices. The $1,000-denominated notes mature on 2 Aug 2028 but may be redeemed by Barclays on any monthly Call Valuation Date beginning 28 Jan 2026. Holders receive a contingent coupon of 0.7083% monthly (8.50% p.a.) only if each index closes at or above its Coupon Barrier (80% of initial level) on the relevant Observation Date.

If the notes are neither called nor protected by the 70% Barrier on the Final Valuation Date, repayment of principal is reduced one-for-one with the decline in the worst-performing index, exposing investors to up to 100% loss of principal. The preliminary estimated value is $894–$954 per $1,000 note, below the issue price; Barclays Capital will receive up to 2.80% in selling commissions.

The notes are subject to Barclays Bank PLC’s credit risk and potential application of the U.K. Bail-in Power. They will not be listed on any exchange and may lack liquidity. Investors should review the “Risk Factors” and “Selected Risk Considerations” sections and understand that early redemption benefits the issuer, not holders.

Barclays Bank PLC is offering Callable Contingent Coupon Notes maturing 3 May 2027 that are linked to the Russell 2000® Index (RTY) and the Nasdaq-100 Index® (NDX). The notes are unsecured, unsubordinated obligations and are subject to the U.K. Bail-in Power.

Key economic terms

• Denominations: minimum US$1,000.
• Issue / Initial Valuation Dates: 31 Jul 2025 / 28 Jul 2025.
• Maturity / Final Valuation Dates: 3 May 2027 / 28 Apr 2027.
• Contingent coupon: US$7.917 per US$1,000 (≈9.50% p.a.) paid monthly only if both indices close ≥ 80 % of their Initial Values on the relevant Observation Date.
• Barrier & Coupon-Barrier: 80 % of each index’s Initial Value.
• Principal repayment: • If the Least Performing Reference Asset closes ≥ 80 % of Initial Value on the Final Valuation Date, investors receive par. • Otherwise, repayment is par + (par × index return), exposing holders to full downside of the worst-performing index and potential total loss.
• Issuer call: Barclays may redeem the notes (whole, not partial) on any monthly Call Valuation Date after roughly three months, paying par plus the scheduled coupon.
• Pricing economics: Public offer price US$1,000; estimated intrinsic value on the pricing date expected between US$916.10 and US$966.10 (3.4-8.4 % below issue price). Selling concession/agent commission up to 2.175 % (≈US$21.75 per note).
• The notes will not be listed on any exchange and involve liquidity, credit and market risks detailed under “Risk Factors”.

Investors are therefore compensated with a high conditional coupon for assuming:
• market risk on two equity indices;
• reinvestment risk via the issuer’s call option;
• credit and bail-in risk of Barclays Bank PLC;
• potential illiquidity and a purchase price above modeled economic value.

Overview. Barclays Bank PLC plans to issue Phoenix AutoCallable Notes due 2 Aug 2028 linked to the worst performer of the S&P 500, Russell 2000 and Nasdaq-100 indices. The unsecured notes are subject to U.K. bail-in and will not be listed.

Key economic terms. Denomination: USD 1,000; issue date: 31 Jul 2025; maturity: 2 Aug 2028. Investors earn a monthly contingent coupon of 0.6042 % (7.25 % p.a.) only when each index closes at or above 70 % of its initial level on the relevant observation date. Skipped coupons are not recaptured.

Automatic call feature. From July 2026 onward, if on any quarterly call valuation date all three indices close at or above 100 % of their initial levels, the notes are automatically redeemed at par plus the due coupon, terminating future payments.

Principal repayment at maturity. • Par return if the worst-performing index ends at or above 70 % of its initial level. • Otherwise, repayment equals par plus the full negative performance of that index, exposing investors to 0–100 % loss of principal.

Pricing and distribution. Public offering price: 100 % of par. Estimated value on the pricing date: USD 881.30–941.30, implying a 5.9 %–11.8 % premium to fair value. Barclays Capital Inc. will receive up to 2.8 % in selling commissions.

Material risks. Investors face equity-market volatility, concentration in three U.S. benchmarks, credit and bail-in risk of Barclays, skipped coupons during market stress, full downside participation below the 70 % barrier, limited secondary liquidity and an initial economic discount reflected in the estimated value.

Barclays Bank PLC is offering dollar-denominated, unsecured Phoenix AutoCallable Notes maturing 2 August 2028 that are linked to the worst performer among the S&P 500, Russell 2000 and Nasdaq-100 indices.

Key economic terms

• Denomination: minimum USD 1,000.
• Contingent coupon: 0.6042% monthly (7.25% p.a.) payable only if, on an Observation Date, every index closes at or above 75% of its initial level (the “Coupon Barrier”).
• Automatic call: from January 2026, if all indices close at or above 100% of their initial level on any quarterly Call Valuation Date, investors receive USD 1,000 plus the coupon and the note terminates early.
• Principal protection: none. At maturity, if the worst-performing index closes ≥70% of its initial level (the “Barrier”), principal is repaid in full; otherwise repayment is reduced one-for-one with the index decline, exposing investors to up to 100% loss.
• Issue price: 100% of par; estimated value 88.34–94.34% of par, reflecting underwriting fees (2.8%) and issuer profit.
• Credit: senior, unsecured obligations of Barclays Bank PLC and subject to the U.K. bail-in regime.
• Listing / liquidity: none; secondary trading may be limited.

The structure offers a relatively high conditional coupon and multiple call opportunities, but investors bear market risk on three equity benchmarks, issuer credit risk, and valuation/ liquidity discounts. The notes suit investors seeking enhanced yield and who are comfortable with structured-product risks, limited upside, and potential principal loss.

Barclays Bank has filed a 424B2 prospectus supplement for Notes due August 2, 2028, linked to the S&P 500 Index. The Notes will be issued with a minimum denomination of $1,000 and offer the following key terms:

The payment at maturity structure includes:

• If Final Value ≥ Initial Value: $1,000 + [$1,000 × min(Reference Asset Return, 17% Maximum Return)]
• If Final Value < Initial Value: $1,000 principal protection

Key features include principal protection at maturity, 17% maximum return cap, and exposure to S&P 500 Index performance. The estimated value of the Notes at issuance is expected to be between $899.20-$959.20 per Note, below the issue price. Important risks include credit risk of Barclays Bank, U.K. Bail-in Power exposure, and limited secondary market liquidity. The Notes will not be listed on any U.S. exchange.

Barclays Bank has filed a preliminary pricing supplement for Buffered SupertrackSM Notes due August 2, 2028, linked to the performance of the S&P 500® Index and Dow Jones Industrial Average®. The notes offer:

• Minimum denomination of $1,000 with potential loss of up to 85% of principal
• 15% downside buffer protection against initial reference asset value decline
• Payment at maturity based on the least performing reference asset
• Estimated value between $892.00 and $952.00 per note, below initial issue price

Key risks include credit risk of Barclays Bank, U.K. Bail-in Power exposure, and potential principal loss if the least performing index falls below buffer value. The notes are unsecured, unsubordinated obligations not covered by FDIC or U.K. Financial Services Compensation Scheme. Barclays Capital will receive commissions up to $28.00 per $1,000 note.

Barclays Bank has issued $356,000 in Callable Range Accrual Buffered Notes due June 29, 2028, linked to the Nasdaq-100 Index. The notes offer a contingent interest rate of 7.25% per annum (0.6042% monthly), but interest only accrues on days when the index closes at or above the Coupon Barrier Value of 18,902.08.

Key features include:

• Notes are callable by issuer after first year on any Interest Payment Date
• 15% downside buffer at maturity
• Investors can lose up to 85% of principal if index falls below buffer level
• Initial index value: 22,237.74
• Minimum denomination: $1,000

The estimated value of the notes ($970.60) is less than the issue price ($1,000). Notes are subject to Barclays' creditworthiness and U.K. Bail-in Power, which could result in the reduction, cancellation, or conversion of principal/interest. Barclays Capital receives a 2.50% commission.