New Issue: Barclays sells $3.1 million capped buffer gears on S&P 500

Chicago, April 30 – Barclays Bank plc priced $3.1 million of 0% capped buffer gears due Jan. 30, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus two times the return, up to a maximum gain of 24.7%.

If the index falls by up to 10%, the payout will be par. Investors will have a 1% loss for each 1% decline beyond the 10% buffer.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffer gears
Underlying index:	S&P 500 index
Amount:	$3,095,200
Maturity:	Jan. 30, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times any index gain, return capped at par plus 24.7%; par if index falls by up to 10%; otherwise, 1% loss for each 1% decline beyond 10% buffer
Initial level:	4,890.97
Downside threshold:	4,401.87; 90% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agents:	Barclays and UBS Financial Services Inc.
Fees:	0%
Cusip:	06748K331

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