INVESTMENT DESCRIPTION
Now Closed – fully subscribed.
A 6 year 2 week Capital Protected Kick Out Deposit Plan in conjunction with Barclays Bank Plc, with a coupon amount of 8.50% per annum. The plan has the potential to mature early (Kick Out) from the first observation date at year 3 and annually thereafter. Kick out trigger at 100% of Initial Index Levels on the first observation..
CURRENCY GBP
STRIKE DATE 21/11/2022
ISIN EDR7614142EU
COUNTERPARTY Barclays Bank Plc
TYPE Deposit
RETURN & BARRIERS
Issuer: Barclays Bank Plc
Investment Term: Up to 6 years and 2 weeks
Payment Rate: 8.50% per annum
Kick Out Trigger Level: 100% of Initial Index Levels starting at 36 months
Capital Protection: 100% Capital Protection barrier at maturity
MATURITY DATE
21/11/2025
FINAL MATURITY DATE
21/11/2028