Bond Barclay PLC 7.6% ( US06744CPM72 ) in USD

Issuer Barclay PLC
Market price refresh price now   100.25 %  ⇌ 
Country  United Kingdom
ISIN code  US06744CPM72 ( in USD )
Interest rate 7.6% per year ( payment 2 times a year)
Maturity 31/12/2027



Prospectus brochure of the bond Barclays PLC US06744CPM72 en USD 7.6%, maturity 31/12/2027


Minimal amount 1 000 USD
Total amount /
Cusip 06744CPM7
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Next Coupon 01/07/2025 ( In 38 days )
Detailed description Barclays PLC is a British multinational banking and financial services corporation headquartered in London, offering a wide range of services including personal and corporate banking, investment banking, and wealth management.

The Bond issued by Barclay PLC ( United Kingdom ) , in USD, with the ISIN code US06744CPM72, pays a coupon of 7.6% per year.
The coupons are paid 2 times per year and the Bond maturity is 31/12/2027







424B2 1 dp84765_424b2-1586ms.htm FORM 424B2

CALCULATION OF REGISTRATION FEE

Maximum Aggregate
Title of Each Class of Securities Offered

Offering Price

Amount of Registration Fee(1)
Global Medium-Term Notes, Series A

$3,650,000

$454.43

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933

December 2017
Registration Statement No. 333-212571
Pricing Supplement dated December 28, 2017
Filed pursuant to Rule 424(b)(2)
STRUCTURED INVESTMENTS
Opportunities in U.S. and International Equities
Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q-1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Unlike conventional debt securities, the securities do not guarantee the payment of interest or any return of principal at maturity.
Instead, the securities offer the opportunity for investors to receive a contingent quarterly payment equal to 1.90% of the stated
principal amount with respect to each quarterly determination date on which the closing level of e a c h underlier is greater than or
equal to 75% of its initial underlier value, which we refer to as a coupon barrier level. However, if on any determination date the
closing level of e it he r underlier is less than its coupon barrier level, investors will not receive any contingent quarterly payment for
the related quarterly period. In addition, on any contingent payment date (other than the final contingent payment date) beginning
after an initial six-month non-call period, w e w ill ha ve t he right t o re de e m t he se c urit ie s a t our disc re t ion for an
amount per security equal to the stated principal amount plus any contingent quarterly payment otherwise due. Any early
redemption of the securities will be at our discretion and will not automatically occur based on the performance of the underliers. If
the securities are not redeemed prior to maturity and the final underlier value of e a c h underlier is greater than or equal to 60% of
its initial underlier value, which we refer to as a downside threshold level, the payment at maturity due on the securities will be
equal to the stated principal amount plus any contingent quarterly payment otherwise due. However, if the securities are not
redeemed prior to maturity and the final underlier value of e it he r underlier is less than its downside threshold level, at maturity
investors will lose 1% of the stated principal amount for every 1% that the final underlier value of the worse performing underlier is
less than its initial underlier value. Under these circumstances, the amount investors receive will be less than 60% of the stated
principal amount and could be zero. Because all payments on the securities are based on the worse performing of the underliers, a
decline in the closing level of e it he r underlier below its coupon barrier level on most or all of the determination dates will result in
few or no contingent quarterly payments and a decline in the closing level of e it he r underlier below its downside threshold level on
the final determination date will result in a significant loss of your investment, in each case, even if the other underlier appreciates
or has not declined as much. The securities are for investors who are willing and able to risk their principal and forgo guaranteed
interest payments, in exchange for the opportunity to receive contingent quarterly payments at a potentially above-market rate,
subject to early redemption at our discretion. Investors will not participate in any appreciation of either underlier even though
investors will be exposed to the depreciation in the value of the worse performing underlier if the securities have not been
redeemed prior to maturity and the final underlier value of the worse performing underlier is less than its downside threshold level.
I nve st ors m a y lose t he ir e nt ire init ia l inve st m e nt in t he se c urit ie s. T he se c urit ie s a re unse c ure d a nd
unsubordina t e d de bt obliga t ions of Ba rc la ys Ba nk PLC. Any pa ym e nt on t he se c urit ie s, inc luding a ny
re pa ym e nt of princ ipa l, is subje c t t o t he c re dit w ort hine ss of Ba rc la ys Ba nk PLC a nd is not gua ra nt e e d by
a ny t hird pa rt y. I f Ba rc la ys Ba nk PLC w e re t o de fa ult on it s pa ym e nt obliga t ions or be c om e subje c t t o t he
e x e rc ise of a ny U .K . Ba il-in Pow e r (a s de sc ribe d on pa ge 5 of t his doc um e nt ) by t he re le va nt U .K . re solut ion
a ut horit y, you m ight not re c e ive a ny a m ount s ow e d t o you unde r t he se c urit ie s. Se e "Risk Fa c t ors" a nd
"Conse nt t o U .K . Ba il-in Pow e r" in t his doc um e nt a nd "Risk Fa c t ors" in t he a c c om pa nying prospe c t us
supple m e nt .
FI N AL T ERM S

I ssue r:
Barclays Bank PLC
Re fe re nc e a sse t s* :
Nasdaq-100 Index® (Bloomberg ticker symbol "NDX<Index>") (the "NDX Index") and S&P 500® Index
(Bloomberg ticker symbol "SPX<Index>") (the "SPX Index") (each an "underlier" and together the
"underliers")
Aggre ga t e princ ipa l
$3,650,000
a m ount :
St a t e d princ ipa l
$1,000 per security
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


a m ount :
I nit ia l issue pric e :
$1,000 per security (see "Commissions and initial issue price" below)
Pric ing da t e :
December 28, 2017
Origina l issue da t e :
January 3, 2018
M a t urit y da t e :
December 31, 2027
Opt iona l e a rly
The securities will not be redeemed prior to the July 3, 2018 contingent payment date. On any
re de m pt ion:
contingent payment date (other than the final contingent payment date) after the initial six-month non-
call period, we will have the right to redeem the securities, in whole, but not in part, at our discretion,
for the early redemption payment. If we decide to redeem the securities on a contingent payment date,
we will give you notice on or before the immediately preceding determination date. Any early
redemption of the securities will be at our discretion and will not automatically occur based on the
performance of the underliers. N o furt he r pa ym e nt s w ill be m a de on t he se c urit ie s a ft e r
t he y ha ve be e n re de e m e d.
Ea rly re de m pt ion
The early redemption payment will be an amount per security equal to (i) the stated principal amount
pa ym e nt :
plus (ii) any contingent quarterly payment otherwise due.
Cont inge nt
· If, on any determination date, the closing level of each underlier is greater than or equal to its
qua rt e rly pa ym e nt :
coupon barrier level, we will pay a contingent quarterly payment of $19.00 (1.90% of the stated
principal amount) per security on the related contingent payment date.
· If, on any determination date, the closing level of either underlier is less than its coupon barrier
level, no contingent quarterly payment will be made with respect to that determination date.
Pa ym e nt a t
If the securities are not redeemed prior to maturity, you will receive on the maturity date a cash
m a t urit y:
payment per security determined as follows:
· If the final underlier value of each underlier is greater than or equal to its downside threshold
level:
(i) stated principal amount plus (ii) any contingent quarterly payment otherwise due
· If the final underlier value of either underlier is less than its downside threshold level:
stated principal amount × underlier performance factor of the worse performing underlier
Under these circumstances, the payment at maturity will be less than the stated principal
amount of $1,000 and will represent a loss of more than 40%, and possibly all, of an investor's
initial investment. Investors may lose their entire initial investment in the securities. Any
payment on the securities, including any repayment of principal, is not guaranteed by any third
party and is subject to (a) the creditworthiness of Barclays Bank PLC and (b) the risk of
exercise of any U.K. Bail-in Power by the relevant U.K. resolution authority.
U .K . Ba il-in Pow e r
Notwithstanding any other agreements, arrangements or understandings between Barclays Bank PLC
a c k now le dgm e nt :
and any holder of the securities, by acquiring the securities, each holder of the securities
acknowledges, accepts, agrees to be bound by and consents to the exercise of, any U.K. Bail-in
Power by the relevant U.K. resolution authority. See "Consent to U.K. Bail-in Power" on page 5 of this
document.

(terms continued on the next page)
Com m issions a nd init ia l
I nit ia l issue
Pric e t o public (1)
Age nt 's
Proc e e ds t o issue r
issue pric e :
pric e (1)
c om m issions
$30.00(2)
Pe r se c urit y
$1,000
$1,000
$965.00
$5.00(3)
T ot a l
$3,650,000
$3,650,000
$127,750
$3,522,250
(1 ) Our e st im a t e d va lue of t he se c urit ie s on t he pric ing da t e , ba se d on our int e rna l pric ing m ode ls, is
$ 9 .3 5 9 pe r se c urit y. T he e st im a t e d va lue is le ss t ha n t he init ia l issue pric e of t he se c urit ie s. Se e
"Addit iona l I nform a t ion Re ga rding Our Est im a t e d V a lue of t he Se c urit ie s" on pa ge 4 of t his doc um e nt .
(2 ) M orga n St a nle y We a lt h M a na ge m e nt a nd it s fina nc ia l a dvisors w ill c olle c t ive ly re c e ive from t he a ge nt ,
Ba rc la ys Ca pit a l I nc ., a fix e d sa le s c om m ission of $ 3 0 .0 0 for e a c h se c urit y t he y se ll. Se e "Supple m e nt a l
Pla n of Dist ribut ion" in t his doc um e nt .
(3 ) Re fle c t s a st ruc t uring fe e pa ya ble t o M orga n St a nle y We a lt h M a na ge m e nt by t he a ge nt or it s a ffilia t e s of
$ 5 .0 0 for e a c h se c urit y.
One or more of our affiliates may purchase up to 15% of the aggregate principal amount of the securities and hold such securities
for investment for a period of at least 30 days. Accordingly, the total principal amount of the securities may include a portion that
was not purchased by investors on the original issue date. Any unsold portion held by our affiliate(s) may affect the supply of
securities available for secondary trading and, therefore, could adversely affect the price of the securities in the secondary market.
Circumstances may occur in which our interests or those of our affiliates could be in conflict with your interests.
I nve st ing in t he se c urit ie s involve s risk s not a ssoc ia t e d w it h a n inve st m e nt in c onve nt iona l de bt se c urit ie s.
Se e "Risk Fa c t ors" be ginning on pa ge 1 5 of t his doc um e nt a nd on pa ge S -7 of t he prospe c t us supple m e nt .
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


Y ou should re a d t his doc um e nt t oge t he r w it h t he re la t e d prospe c t us, prospe c t us supple m e nt a nd inde x
supple m e nt , e a c h of w hic h c a n be a c c e sse d via t he hype rlink s be low , be fore you m a k e a n inve st m e nt
de c ision.
T he se c urit ie s w ill not be list e d on a ny U .S. se c urit ie s e x c ha nge or quot a t ion syst e m . N e it he r t he U .S.
Se c urit ie s a nd Ex c ha nge Com m ission (t he "SEC") nor a ny st a t e se c urit ie s c om m ission ha s a pprove d or
disa pprove d of t he se c urit ie s or de t e rm ine d t ha t t his doc um e nt is t rut hful or c om ple t e . Any re pre se nt a t ion
t o t he c ont ra ry is a c rim ina l offe nse .
We m a y use t his doc um e nt in t he init ia l sa le of t he se c urit ie s. I n a ddit ion, Ba rc la ys Ca pit a l I nc . or a not he r
of our a ffilia t e s m a y use t his doc um e nt in m a rk e t re sa le t ra nsa c t ions in a ny of t he se c urit ie s a ft e r t he ir
init ia l sa le . U nle ss w e or our a ge nt inform s you ot he rw ise in t he c onfirm a t ion of sa le , t his doc um e nt is
be ing use d in a m a rk e t re sa le t ra nsa c t ion.
T he se c urit ie s c onst it ut e our unse c ure d a nd unsubordina t e d obliga t ions. T he se c urit ie s a re not de posit
lia bilit ie s of Ba rc la ys Ba nk PLC a nd a re not c ove re d by t he U .K . Fina nc ia l Se rvic e s Com pe nsa t ion Sc he m e
or insure d by t he U .S. Fe de ra l De posit I nsura nc e Corpora t ion or a ny ot he r gove rnm e nt a l a ge nc y or de posit
insura nc e a ge nc y of t he U nit e d St a t e s, t he U nit e d K ingdom or a ny ot he r jurisdic t ion.
Prospe c t us da t e d J uly 1 8 , 2 0 1 6
Prospe c t us Supple m e nt da t e d J uly
I nde x Supple m e nt da t e d J uly 1 8 ,
1 8 , 2 0 1 6
2 0 1 6


Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Terms continued from previous page:
Coupon ba rrie r
With respect to the NDX Index: 4,831.065, which is equal to 75% of its initial underlier value (rounded
le ve l:
to three decimal places)
With respect to the SPX Index: 2,015.655, which is equal to 75% of its initial underlier value (rounded
to three decimal places)
Dow nside t hre shold
With respect to the NDX Index: 3,864.852, which is equal to 60% of its initial underlier value (rounded
le ve l:
to three decimal places)
With respect to the SPX Index: 1,612.524, which is equal to 60% of its initial underlier value (rounded
to three decimal places)
I nit ia l unde rlie r
With respect to the NDX Index: 6,441.420, which is the closing level of that underlier on the pricing
va lue :
date
With respect to the SPX Index: 2,687.54, which is the closing level of that underlier on the pricing
date
Fina l unde rlie r
With respect to each underlier, the closing level of that underlier on the final determination date
va lue :
U nde rlie r
With respect to each underlier, its final underlier value divided by its initial underlier value
pe rform a nc e fa c t or:
Worse pe rform ing
The underlier with the lower underlier performance factor
unde rlie r:
De t e rm ina t ion
March 28, 2018, June 28, 2018, September 28, 2018, December 28, 2018, March 28, 2019, June 28,
da t e s :
2019, September 30, 2019, December 30, 2019, March 30, 2020, June 29, 2020, September 28,
2020, December 28, 2020, March 29, 2021, June 28, 2021, September 28, 2021, December 28, 2021,
March 28, 2022, June 28, 2022, September 28, 2022, December 28, 2022, March 28, 2023, June 28,
2023, September 28, 2023, December 28, 2023, March 28, 2024, June 28, 2024, September 30,
2024, December 30, 2024, March 28, 2025, June 30, 2025, September 29, 2025, December 29, 2025,
March 30, 2026, June 29, 2026, September 28, 2026, December 28, 2026, March 29, 2027, June 28,
2027, September 28, 2027 and December 28, 2027. We also refer to December 28, 2027 as the final
determination date.
Cont inge nt
April 3, 2018**, July 3, 2018, October 3, 2018, January 3, 2019, April 2, 2019, July 3, 2019, October 3,
pa ym e nt da t e s :
2019, January 3, 2020, April 2, 2020, July 2, 2020, October 1, 2020, December 31, 2020, April 1,
2021, July 1, 2021, October 1, 2021, December 31, 2021, March 31, 2022, July 1, 2022, October 3,
2022, January 3, 2023, March 31, 2023, July 3, 2023, October 3, 2023, January 3, 2024, April 3,
2024, July 3, 2024, October 3, 2024, January 3, 2025, April 2, 2025, July 3, 2025, October 2, 2025,
January 2, 2026, April 2, 2026, July 2, 2026, October 1, 2026, December 31, 2026, April 1, 2027, July
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


1, 2027, October 1, 2027 and the maturity date
** The securities are not subject to early redemption at our discretion until the second contingent
payment date, which is July 3, 2018.
Closing le ve l* :
With respect to each underlier, closing level has the meaning set forth under "Reference Assets--
Indices--Special Calculation Provisions" in the prospectus supplement.
Addit iona l t e rm s:
Terms used in this document, but not defined herein, will have the meanings ascribed to them in the
prospectus supplement.
CU SI P / I SI N :
06744CPM7 / US06744CPM72
List ing:
The securities will not be listed on any securities exchange.
Se le c t e d de a le r:
Morgan Stanley Wealth Management ("MSWM")
*
If an underlier is discontinued or if the sponsor of an underlier fails to publish that underlier, the calculation agent may select a
successor underlier or, if no successor underlier is available, will calculate the value to be used as the closing level of that
underlier. In addition, the calculation agent will calculate the value to be used as the closing level of an underlier in the event of
certain changes in or modifications to that underlier. For more information, see "Reference Assets--Indices--Adjustments
Relating to Securities with an Index as a Reference Asset" in the accompanying prospectus supplement.
Each determination date may be postponed if that determination date is not a scheduled trading day with respect to either
underlier or if a market disruption event occurs with respect to either underlier on that determination date as described under
"Reference Assets--Indices--Market Disruption Events for Securities with an Index of Equity Securities as a Reference Asset"
and "Reference Assets--Least or Best Performing Reference Asset--Scheduled Trading Days and Market Disruption Events for
Securities Linked to the Reference Asset with the Lowest or Highest Return in a Group of Two or More Equity Securities,
Exchange-Traded Funds and/or Indices of Equity Securities" in the accompanying prospectus supplement. In addition, a
contingent payment date and/or the maturity date will be postponed if that day is not a business day or if the relevant
determination date is postponed as described under "Terms of the Notes--Payment Dates" in the accompanying prospectus
supplement.

Ba rc la ys Ca pit a l I nc .
December 2017
Page 2

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Additional Terms of the Securities

You should read this document together with the prospectus dated July 18, 2016, as supplemented by the prospectus supplement
dated July 18, 2016 and the index supplement dated July 18, 2016 relating to our Global Medium-Term Notes, Series A, of which
the securities are a part. This document, together with the documents listed below, contains the terms of the securities and
supersedes all prior or contemporaneous oral statements as well as any other written materials including preliminary or indicative
pricing terms, correspondence, trade ideas, structures for implementation, sample structures, brochures or other educational
materials of ours. You should carefully consider, among other things, the matters set forth in "Risk Factors" in the prospectus
supplement, as the securities involve risks not associated with conventional debt securities. We urge you to consult your
investment, legal, tax, accounting and other advisors before you invest in the securities.

You may access these documents on the SEC website at www.sec.gov as follows (or if such address has changed, by reviewing
our filings for the relevant date on the SEC website):

Prospectus dated July 18, 2016:
http://www.sec.gov/Archives/edgar/data/312070/000119312516650074/d219304df3asr.htm

Prospectus supplement dated July 18, 2016:
http://www.sec.gov/Archives/edgar/data/312070/000110465916132999/a16-14463_21424b3.htm

Index supplement dated July 18, 2016:
http://www.sec.gov/Archives/edgar/data/312070/000110465916133002/a16-14463_22424b3.htm

Our SEC file number is 1-10257 and our Central Index Key, or CIK, on the SEC website is 0000312070. As used in this document,
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


"we," "us" and "our" refer to Barclays Bank PLC.

In connection with this offering, Morgan Stanley Wealth Management is acting in its capacity as a selected dealer.

December 2017
Page 3

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Additional Information Regarding Our Estimated Value of the Securities

Our internal pricing models take into account a number of variables and are based on a number of subjective assumptions, which
may or may not materialize, typically including volatility, interest rates and our internal funding rates. Our internal funding rates
(which are our internally published borrowing rates based on variables, such as market benchmarks, our appetite for borrowing and
our existing obligations coming to maturity) may vary from the levels at which our benchmark debt securities trade in the secondary
market. Our estimated value on the pricing date is based on our internal funding rates. Our estimated value of the securities might
be lower if such valuation were based on the levels at which our benchmark debt securities trade in the secondary market.

Our estimated value of the securities on the pricing date is less than the initial issue price of the securities. The difference between
the initial issue price of the securities and our estimated value of the securities results from several factors, including any sales
commissions to be paid to Barclays Capital Inc. or another affiliate of ours, any selling concessions, discounts, commissions or fees
to be allowed or paid to non-affiliated intermediaries, the estimated profit that we or any of our affiliates expect to earn in
connection with structuring the securities, the estimated cost that we may incur in hedging our obligations under the securities, and
estimated development and other costs that we may incur in connection with the securities.

Our estimated value on the pricing date is not a prediction of the price at which the securities may trade in the secondary market,
nor will it be the price at which Barclays Capital Inc. may buy or sell the securities in the secondary market. Subject to normal
market and funding conditions, Barclays Capital Inc. or another affiliate of ours intends to offer to purchase the securities in the
secondary market but it is not obligated to do so.

Assuming that all relevant factors remain constant after the pricing date, the price at which Barclays Capital Inc. may initially buy or
sell the securities in the secondary market, if any, and the value that we may initially use for customer account statements, if we
provide any customer account statements at all, may exceed our estimated value on the pricing date for a temporary period
expected to be approximately 40 days after the initial issue date of the securities because, in our discretion, we may elect to
effectively reimburse to investors a portion of the estimated cost of hedging our obligations under the securities and other costs in
connection with the securities that we will no longer expect to incur over the term of the securities. We made such discretionary
election and determined this temporary reimbursement period on the basis of a number of factors, which may include the tenor of
the securities and/or any agreement we may have with the distributors of the securities. The amount of our estimated costs that we
effectively reimburse to investors in this way may not be allocated ratably throughout the reimbursement period, and we may
discontinue such reimbursement at any time or revise the duration of the reimbursement period after the initial issue date of the
securities based on changes in market conditions and other factors that cannot be predicted.

We urge you t o re a d "Risk Fa c t ors" be ginning on pa ge 1 5 of t his doc um e nt .

December 2017
Page 4

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Consent to U.K. Bail-in Power
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]



N ot w it hst a nding a ny ot he r a gre e m e nt s, a rra nge m e nt s or unde rst a ndings be t w e e n us a nd a ny holde r of t he
se c urit ie s, by a c quiring t he se c urit ie s, e a c h holde r of t he se c urit ie s a c k now le dge s, a c c e pt s, a gre e s t o be
bound by a nd c onse nt s t o t he e x e rc ise of, a ny U .K . Ba il-in Pow e r by t he re le va nt U .K . re solut ion a ut horit y.

Under the U.K. Banking Act 2009, as amended, the relevant U.K. resolution authority may exercise a U.K. Bail-in Power in
circumstances in which the relevant U.K. resolution authority is satisfied that the resolution conditions are met. These conditions
include that a U.K. bank or investment firm is failing or is likely to fail to satisfy the Financial Services and Markets Act 2000 (the
"FSMA") threshold conditions for authorization to carry on certain regulated activities (within the meaning of section 55B FSMA) or,
in the case of a U.K. banking group company that is an European Economic Area ("EEA") or third country institution or investment
firm, that the relevant EEA or third country relevant authority is satisfied that the resolution conditions are met in respect of that
entity.

The U.K. Bail-in Power includes any write-down, conversion, transfer, modification and/or suspension power, which allows for (i)
the reduction or cancellation of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, the
securities; (ii) the conversion of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, the
securities into shares or other securities or other obligations of Barclays Bank PLC or another person (and the issue to, or conferral
on, the holder of the securities such shares, securities or obligations); and/or (iii) the amendment or alteration of the maturity of the
securities, or amendment of the amount of interest or any other amounts due on the securities, or the dates on which interest or
any other amounts become payable, including by suspending payment for a temporary period; which U.K. Bail-in Power may be
exercised by means of a variation of the terms of the securities solely to give effect to the exercise by the relevant U.K. resolution
authority of such U.K. Bail-in Power. Each holder of the securities further acknowledges and agrees that the rights of the holders of
the securities are subject to, and will be varied, if necessary, solely to give effect to, the exercise of any U.K. Bail-in Power by the
relevant U.K. resolution authority. For the avoidance of doubt, this consent and acknowledgment is not a waiver of any rights
holders of the securities may have at law if and to the extent that any U.K. Bail-in Power is exercised by the relevant U.K.
resolution authority in breach of laws applicable in England.

For m ore inform a t ion, ple a se se e "Risk Fa c t ors--Y ou m a y lose som e or a ll of your inve st m e nt if a ny U .K .
ba il-in pow e r is e x e rc ise d by t he re le va nt U .K . re solut ion a ut horit y" in t his doc um e nt a s w e ll a s "U .K . Ba il-in
Pow e r," "Risk Fa c t ors--Risk s Re la t ing t o t he Se c urit ie s Ge ne ra lly--Re gula t ory a c t ion in t he e ve nt a ba nk or
inve st m e nt firm in t he Group is fa iling or lik e ly t o fa il c ould m a t e ria lly a dve rse ly a ffe c t t he va lue of t he
se c urit ie s" a nd "Risk Fa c t ors--Risk s Re la t ing t o t he Se c urit ie s Ge ne ra lly--U nde r t he t e rm s of t he
se c urit ie s, you ha ve a gre e d t o be bound by t he e x e rc ise of a ny U .K . Ba il-in Pow e r by t he re le va nt U .K .
re solut ion a ut horit y" in t he a c c om pa nying prospe c t us supple m e nt .

December 2017
Page 5

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Investment Summary

Cont inge nt I nc om e Ca lla ble Se c urit ie s

Princ ipa l a t Risk Se c urit ie s

The Contingent Income Callable Securities due December 31, 2027 Based on the Value of the Worse Performing of the Nasdaq-
100 Index® and the S&P 500® Index, which we refer to as the securities, provide an opportunity for investors to receive a
contingent quarterly payment, which is an amount equal to $19.00 (1.90% of the stated principal amount), with respect to each
quarterly determination date on which the closing level of each underlier is greater than or equal to 75% of its initial underlier value,
which we refer to as a coupon barrier level. However, if the closing level of either underlier is less than its coupon barrier level on a
determination date, investors will not receive any contingent quarterly payment for that determination date. The closing level of at
least one of the underliers could be below its coupon barrier level on most or all of the determination dates so that you receive few
or no contingent quarterly payments over the term of the securities.

https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


The securities will not be redeemed prior to the July 3, 2018 contingent payment date. On any contingent payment date (other than
the final contingent payment date) after the initial six-month non-call period, w e w ill ha ve t he right t o re de e m t he
se c urit ie s a t our disc re t ion for an early redemption payment equal to the stated principal amount plus any contingent
quarterly payment otherwise due. If the securities are redeemed prior to maturity, investors will receive no further contingent
quarterly payments. Any early redemption of the securities will be at our discretion and will not automatically occur based on the
performance of the underliers. At maturity, if the securities have not previously been redeemed and the final underlier value of each
underlier is greater than or equal to 60% of its initial underlier value, which we refer to as a downside threshold level, the payment
at maturity will be equal to the stated principal amount plus any contingent quarterly payment otherwise due. However, if the
securities have not previously been redeemed and the final underlier value of either underlier is less than its downside threshold
level, investors will lose 1% of the stated principal amount for every 1% that the final underlier value of the worse performing
underlier is less than its initial underlier value. Under these circumstances, the amount investors receive will be less than 60% of
the stated principal amount and could be zero. Investors in the securities must be willing and able to accept the risk of losing their
entire initial investment based on the performance of the worse performing underlier and also the risk of not receiving any
contingent quarterly payment throughout the entire term of the securities. In addition, investors will not participate in any
appreciation of either underlier.

December 2017
Page 6

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Key Investment Rationale

The securities offer investors an opportunity to receive a contingent quarterly payment of $19.00 (1.90% of the stated principal
amount) with respect to each determination date on which the closing level of each underlier is greater than or equal to its coupon
barrier level. On any contingent payment date (other than the final contingent payment date) after the initial six-month non-call
period, we will have the right to redeem the securities at our discretion for the stated principal amount per security plus any
contingent quarterly payment otherwise due. Any early redemption of the securities will be at our discretion and will not
automatically occur based on the performance of the underliers. The following scenarios reflect the potential payments, if any, on
the securities:

Sc e na rio 1
On a ny c ont inge nt pa ym e nt da t e (ot he r t ha n t he fina l c ont inge nt pa ym e nt da t e ) a ft e r t he
init ia l six -m ont h non -c a ll pe riod, w e re de e m t he se c urit ie s.

The securities will be redeemed for (i) the stated principal amount plus (ii) any contingent quarterly
payment otherwise due.

Investors will not participate in any appreciation of either underlier from its initial underlier value and
will receive no further contingent quarterly payments.

Any early redemption of the securities will be at our discretion and will not automatically occur based on the
performance of the underliers. It is more likely that we will redeem the securities when it would otherwise be
advantageous for you to continue to hold the securities. As such, we will be more likely to redeem the
securities when the closing level of each underlier appears likely to be at or above its coupon barrier level,
which might otherwise result in an amount of interest payable on the securities that is greater than
instruments of a comparable maturity and credit rating trading in the market. In other words, we will be more
likely to redeem the securities when the securities are paying an above-market coupon. If the securities are
redeemed prior to maturity, you will receive no more contingent quarterly payments and may be forced to
reinvest in a lower interest rate environment. There is no guarantee that you would be able to reinvest the
proceeds from an investment in the securities in a comparable investment with a similar level of risk in the
event the securities are redeemed prior to the maturity date. On the other hand, we will be less likely to
exercise our redemption right when the closing level of either underlier appears likely to be below its coupon
barrier level and downside threshold level, such that you might receive no further contingent quarterly
payments and that you might suffer a significant loss on your investment in the securities at maturity.
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


Therefore, if we do not exercise our redemption right, it is more likely that you will receive few or no
contingent quarterly payments and that you will suffer a significant loss on your investment at maturity.
Sc e na rio 2
T he se c urit ie s a re not re de e m e d prior t o m a t urit y a nd t he fina l unde rlie r va lue of e a c h
unde rlie r is greater than or equal to it s dow nside t hre shold le ve l.

The payment due at maturity will be (i) the stated principal amount plus (ii) any contingent quarterly
payment otherwise due.

Investors will not participate in any appreciation of either underlier from its initial underlier value.
Sc e na rio 3
T he se c urit ie s a re not re de e m e d prior t o m a t urit y a nd t he fina l unde rlie r va lue of e it he r
unde rlie r is less than it s dow nside t hre shold le ve l.

The payment due at maturity will be equal to the stated principal amount times the underlier
performance factor of the worse performing underlier. In this case, at maturity, the securities pay
less than 60% of the stated principal amount and the percentage loss of the stated principal
amount will be equal to the percentage decrease in the final underlier value of the worse performing
underlier from its initial underlier value. For example, if the final underlier value of the worse
performing underlier is 55% less than its initial underlier value, the securities will pay $450.00 per
security, or 45% of the stated principal amount, for a loss of 55% of the stated principal
amount. I nve st ors w ill lose a signific a nt port ion a nd m a y lose a ll of t he ir princ ipa l
in t his sc e na rio.
December 2017
Page 7

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
Selected Purchase Considerations

The securities are not suitable for all investors. The securities may be a suitable investment for you if all of the following statements
are true:


You do not seek an investment that produces fixed periodic interest or coupon payments or other non-contingent sources
of current income.


You do not anticipate that the final underlier value of e it he r unde rlie r will be less than its downside threshold level on
the final determination date, and you are willing and able to accept the risk that, if it is, you will lose a significant portion or
all of the stated principal amount.


You do not anticipate that the closing level of e it he r unde rlie r will be less than its coupon barrier level on any
determination date, and you are willing and able to accept the risk that, if it is, you may receive few or no contingent
quarterly payments over the term of the securities.


You are willing and able to accept the individual market risk of e a c h unde rlie r and you understand that poor
performance by e it he r unde rlie r over the term of the securities may negatively affect your return and will not be offset or
mitigated by any positive performance by the other underlier.


You are willing and able to forgo participation in any appreciation of either underlier, and you understand that any return on
your investment will be limited to the contingent quarterly payments that may be payable on the securities.


You are willing and able to accept the risks associated with an investment linked to the performance of the worse
performing of the underliers, as explained in more detail in the "Risk Factors" section of this document.

https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]



You understand and accept that you will not be entitled to receive dividends or distributions that may be paid to holders of
the securities composing the underliers, nor will you have any voting rights with respect to the securities composing the
underliers.


You are willing and able to accept the risk that we may redeem the securities at our discretion prior to scheduled maturity,
that it is more likely that we will redeem the securities when it would otherwise be advantageous for you to continue to hold
the securities and that you may not be able to reinvest your money in an alternative investment with comparable risk and
yield.


You do not seek an investment for which there will be an active secondary market and you are willing and able to hold the
securities to maturity if the securities are not redeemed at our discretion.


You are willing and able to assume our credit risk for all payments on the securities.


You are willing and able to consent to the exercise of any U.K. Bail-in Power by any relevant U.K. resolution authority.

The securities may not be a suitable investment for you if any of the following statements are true:


You seek an investment that produces fixed periodic interest or coupon payments or other non-contingent sources of
current income.


You seek an investment that provides for the full repayment of principal at maturity.


You anticipate that the final underlier value of e it he r unde rlie r will be less than its downside threshold level on the final
determination date, or you are unwilling or unable to accept the risk that, if it is, you will lose a significant portion or all of
the stated principal amount.


You anticipate that the closing level of e it he r unde rlie r will be less than its coupon barrier level on one or more
determination dates, or you are unwilling or unable to accept the risk that, if it is, you may receive few or no contingent
quarterly payments over the term of the securities.


You are unwilling or unable to accept the individual market risk of e a c h unde rlie r or the risk that poor performance by
e it he r unde rlie r over the term of the securities may negatively affect your return and will not be offset or mitigated by
any positive performance by the other underlier.


You seek exposure to any upside performance of the underliers or you seek an investment with a return that is not limited
to the contingent quarterly payments that may be payable on the securities.


You are unwilling or unable to accept the risks associated with an investment linked to the performance of the worse
performing of the underliers, as explained in more detail in the "Risk Factors" section of this document.


You seek an investment that entitles you to dividends or distributions on, or voting rights related to, the securities
composing the underliers.


You are unwilling or unable to accept the risk that we may redeem the securities at our discretion prior to scheduled
maturity.


You seek an investment for which there will be an active secondary market and/or you are unwilling or unable to hold the
securities to maturity if they are not redeemed at our discretion.


You are unwilling or unable to assume our credit risk for all payments on the securities.


You are unwilling or unable to consent to the exercise of any U.K. Bail-in Power by any relevant U.K. resolution authority.

December 2017
Page 8

Contingent Income Callable Securities due December 31, 2027
https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
You must rely on your own evaluation of the merits of an investment in the securities. You should reach a decision whether
to invest in the securities after carefully considering, with your advisors, the suitability of the securities in light of your investment
objectives and the specific information set forth in this document, the prospectus, the prospectus supplement and the index
supplement. Neither the issuer nor Barclays Capital Inc. makes any recommendation as to the suitability of the securities for
investment.

December 2017
Page 9

Contingent Income Callable Securities due December 31, 2027
Ba se d on t he V a lue of t he Worse Pe rform ing of t he N a sda q -1 0 0 I nde x ® a nd t he S& P 5 0 0 ® I nde x
Princ ipa l a t Risk Se c urit ie s
How the Securities Work

The following diagrams illustrate the potential outcomes for the securities depending on whether we exercise our option to redeem
the securities and on the closing level of each underlier on the determination dates.

Dia gra m # 1 : Cont inge nt Pa ym e nt Da t e s Prior t o t he M a t urit y Da t e


Dia gra m # 2 : Pa ym e nt a t M a t urit y I f N ot Re de e m e d Ea rly a t Our Opt ion

https://www.sec.gov/Archives/edgar/data/312070/000095010318000039/dp84765_424b2-1586ms.htm[1/2/2018 4:32:21 PM]


Document Outline