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

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.

Barclays Bank PLC has filed a preliminary pricing supplement for Buffered SupertrackSM Notes due August 1, 2030, linked to the performance of the S&P 500® Index and Dow Jones Industrial Average®. The notes will be issued with a minimum denomination of $1,000.

Key features include:

• Maturity payment structure with 25% downside buffer protection
• Maximum potential loss of 75% of principal
• Payment at maturity based on performance of worst-performing index
• Estimated value between $852.00 and $932.00 per note, below initial issue price

Important risks include credit risk of Barclays Bank PLC and exposure to U.K. Bail-in Power. The notes are not bank deposits and are not insured by the FDIC or any other government agency. Barclays Capital Inc. will receive commissions up to $40.00 per $1,000 principal amount.

Barclays Bank PLC is marketing Barrier SupertrackSM Notes maturing July 6, 2029 that are linked to the least-performing of three U.S. equity benchmarks – the Nasdaq-100, S&P 500 and Dow Jones Industrial Average.

The $1,000-denominated, unsecured senior notes offer differentiated payoff scenarios:

• Upside participation: if the final level of the worst-performing index is ≥ its initial level, investors receive $1,000 plus 153.5% of that index’s positive return.
• Contingent principal protection: if the worst index falls, but not below 70% of its initial level (the “Barrier”), investors are repaid par.
• Full downside exposure: if the worst index ends below the 70% Barrier, repayment is $1,000 plus the full negative return of that index, exposing holders to up to a 100% loss of principal.

Key terms include a 70% Barrier, an Upside Leverage Factor of 1.535 and valuation dates of June 30, 2025 (initial) and July 2, 2029 (final). The notes will be sold at 100% of par; Barclays Capital Inc. will receive up to 0.80% in selling commissions. Barclays estimates the fair value on the issue date at $889–$959 per note, materially below the public offering price.

Risks are significant. The notes are not FDIC-insured, will not be listed on an exchange, and are subject to both Barclays’ credit risk and the potential exercise of U.K. Bail-in Power, which could result in write-down or conversion of the notes. Liquidity is expected to be limited, and fee-based accounts could pay between $992 and $1,000 per note depending on concessions forgone.

Barclays Bank PLC plans to issue AutoCallable Notes due 2 Aug 2028 that are linked to the least-performing of the S&P 500, Dow Jones Industrial Average and Nasdaq-100 indices. The unsecured, unsubordinated notes will be sold in $1,000 denominations and can be automatically called on any of five semi-annual observation dates beginning 28 Jul 2026 if each index closes at or above its Call Value (100 % of its initial level).

Income profile. Investors receive no coupons, but upon an Automatic Call they are repaid principal plus a Call Premium equal to 9.25 % p.a. prorated to the call date (e.g., $92.50 per $1,000 for each full year outstanding). If the notes are not called, the redemption value at maturity depends on the Final Value of the least-performing index:

• ≥ Call Value: principal plus accrued call premium.
• < Call Value but ≥ Barrier Value (70 % of initial): full principal repayment.
• < Barrier Value: principal reduced one-for-one with the index decline; up to 100 % loss possible.

Pricing. Initial public offering price is 100 % of face; dealers will receive up to 2.80 % in commissions. Barclays’ estimated value at pricing is 88.6 %-94.6 %, reflecting structuring costs and dealer compensation. The notes will not be listed on any exchange, and secondary liquidity is expected to be limited.

Key risks. (i) Market risk: full downside exposure below the 70 % barrier; (ii) Credit risk: payments depend on Barclays Bank PLC’s ability to pay and are subject to the U.K. Bail-in Power; (iii) Valuation risk: estimated value materially below issue price; (iv) Liquidity risk: no listing and potential wide bid/ask spreads.

Because of these risks, the offering targets investors with a moderately bullish to neutral view on large-cap U.S. equity indices over the next three years who are willing to accept issuer credit exposure and the possibility of losing principal in exchange for an above-market conditional return.

Barclays Bank PLC is offering unlisted, unsecured Global Medium-Term Notes, Series A, due 1 August 2030, linked to the performance of the S&P 500® Index (SPX). The minimum investment is $1,000 and integral multiples thereof. Key economic terms are fixed on the Initial Valuation Date (28 July 2025) and the Notes settle on 31 July 2025.

Return profile: At maturity, investors will receive:

• If the Final Value ≥ Initial Value: $1,000 plus 100% of the index return, capped at a Maximum Return of 35%. The maximum payment is therefore $1,350 per $1,000 note.
• If the Final Value < Initial Value: full principal repayment of $1,000.

Thus, downside is fully protected at maturity, while upside participation is limited.

Pricing and costs: The Initial Issue Price is 100% of principal. Barclays estimates the Note’s value on the pricing date at $866.30 – $946.30, below the issue price, reflecting selling commissions of 3.50%, hedging costs and structuring fees. Barclays Capital Inc. may pay variable selling concessions to other dealers.

Risk considerations: The Notes are unsecured obligations of Barclays Bank PLC and subject to the credit risk of the issuer. Holders expressly consent to the potential exercise of any U.K. Bail-in Power, which could result in write-down, conversion or cancellation of amounts owed. The securities will not be listed on any exchange, and secondary market making is discretionary. They are not insured by the FDIC or covered by the U.K. Financial Services Compensation Scheme.

Key identifiers: CUSIP 06746CEA3 / ISIN US06746CEA36. Calculation Agent: Barclays Bank PLC.

Barclays Bank PLC is offering Buffered Autocallable Notes due July 13, 2028 linked to the worst performer among the S&P 500, Russell 2000 and Nasdaq-100 indices. The notes are unsecured, unsubordinated obligations and are subject to U.K. bail-in powers.

Key economic terms:

• Initial Issue Price: $1,000 per note; minimum denomination $1,000.
• Automatic Call: Possible on 9 Jul 2026, 9 Jul 2027 or the Final Valuation Date if every index closes at or above its initial level. Investors then receive $1,000 plus an 8.05% p.a. Call Premium ($80.50 for each full year elapsed).
• Downside Buffer: 30%. If the worst-performing index is between 70% and 100% of its initial level at maturity, investors are repaid principal.
• Conditional downside: If the worst index finishes below 70% of its initial level, repayment equals $1,000 + [$1,000 × (Index Return + 30%)], exposing holders to up to a 70% principal loss.
• Estimated value on issue date: $896.10 – $956.10, implying an initial value discount of roughly 4.4%–10.4% versus issue price.
• Sales commission: 2.90% of face; proceeds to Barclays 97.10%.
• Notes will not be listed; secondary market liquidity is expected to be limited.

Risk highlights: investors face Barclays’ credit risk, potential exercise of U.K. bail-in powers, equity-market risk across three major indices, and pricing/valuation risk given the gap between estimated value and issue price. The structure offers an above-market coupon substitute if indices remain flat or rise, but protection erodes below the 30% buffer.

Because this is a product-specific issuance rather than a broad corporate development, the filing’s impact on Barclays’ financial outlook appears limited; its relevance is chiefly for prospective note investors evaluating yield-enhancement versus equity-market and credit risk.