Barclays Bank PLC is offering $1,000 contingent coupon barrier notes linked to the lesser-performing Russell 2000 Index and S&P 500 Index, due October 19, 2029. Investors face conditional coupon payments and no guarantee of full principal repayment, while Barclays’ estimated value is $924.20 to $984.20 per note.
Key Highlights
- The notes are linked to the lesser-performing Russell 2000 Index and S&P 500 Index and are due October 19, 2029.
- The initial issue price is $1,000 per note, with a public price of 100% of principal.
- Barclays’ internal models place the notes’ estimated value between $924.20 and $984.20 per $1,000 principal amount.
ATMP is an asset management company. Barclays Bank PLC is offering contingent coupon barrier notes with a $1,000 initial issue price, linked to the lesser-performing Russell 2000 Index and S&P 500 Index. The notes are due October 19, 2029.
Index-Linked Notes Carry Conditional Terms
The notes are part of Barclays Bank PLC’s Global Medium-Term Notes, Series A. The public price is 100% of principal, while proceeds to Barclays are 99.35% per $1,000 note and the agent’s commission is 0.65%. Investors using certain fee-based advisory accounts may pay between $993.50 and $1,000 for each $1,000 principal amount note. Barclays’ estimated value, based on internal pricing models, ranges from $924.20 to $984.20 per note. Barclays Capital Inc. will receive up to $6.50 per $1,000 note from the issuer.
Unsecured Notes Are Not Exchange Listed
The pricing supplement is preliminary and dated September 23, 2026, while the notes’ stated Maturity is October 19, 2029. Barclays’ estimated value is below the $1,000 initial issue price across the stated range.
FAQs
Q: What are Barclays Bank PLC contingent coupon notes linked to?
A: The notes are linked to the lesser-performing Russell 2000 Index and S&P 500 Index. Unlike ordinary debt securities, the notes do not guarantee the payment of interest or the return of the full principal amount at maturity.
Q: What is the estimated value of Barclays’ $1,000 notes?
A: Barclays estimates the notes’ value at $924.20 to $984.20 per $1,000 principal amount. The range is based on the bank’s internal pricing models.
Q: Are Barclays’ contingent coupon notes insured or exchange listed?
A: They will not be listed on a U.S. securities exchange or quotation system. The notes are not deposit liabilities of Barclays Bank PLC and are not covered by the U.K. Financial Services Compensation Scheme or insured by the U.S. Federal Deposit Insurance Corporation or any other governmental agency.
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