Bond Barclay PLC 8% ( US06747E2375 ) in USD

Barclay PLC

9.567 % ⇌

United Kingdom

US06747E2375 ( in USD )

8% per year ( payment 2 times a year)

02/01/2025 - Bond has expired

Prospectus brochure of the bond Barclays PLC US06747E2375 in USD 8%, expired

1 000 USD

3 179 000 USD

06747E237

N/A

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.

Barclays PLC issued a USD 3,179,000 bond (CUSIP: 06747E237, ISIN: US06747E2375) with an 8% coupon, maturing on 02/01/2025, trading at 9.567%, a minimum purchase of 1000, paying semi-annually, and rated NR by Moody's, which has since matured and been redeemed.

424B2 1 dp118357_424b2-2831ubs.htm FORM 424B2

Pricing Supplement dated December 27, 2019
Filed Pursuant to Rule 424(b)(2)

Registration Statement No. 333-
Barclays Bank PLC Trigger Autocallable Contingent Yield
232144
Notes
$ 3 ,2 4 9 ,5 0 0 N ot e s link e d t o t he Cla ss C c om m on st oc k of De ll T e c hnologie s I nc . due J a nua ry 2 , 2 0 2 5
$ 2 ,7 4 2 ,5 0 0 N ot e s link e d t o t he c om m on st oc k of M orga n St a nle y due J a nua ry 2 , 2 0 2 5
$ 3 ,1 7 8 ,9 0 0 N ot e s link e d t o t he Am e ric a n de posit a ry sha re s re pre se nt ing t w o B ordina ry sha re s of Roya l
Dut c h She ll plc due J a nua ry 2 , 2 0 2 5
I nve st m e nt De sc ript ion
The Trigger Autocallable Contingent Yield Notes (the "Notes") are unsecured and unsubordinated debt obligations issued by
Barclays Bank PLC (the "Issuer") linked to the performance of the common stock or American depositary shares of a specific
company (the "Underlying"). On a monthly basis, unless the Notes have been previously called, the Issuer will pay you a coupon
(the "Contingent Coupon") if the Closing Price of the Underlying on the applicable Observation Date is greater than or equal to the
specified Coupon Barrier. Otherwise, no Contingent Coupon will be paid for that month. The Issuer will automatically call the Notes
if the Closing Price of the Underlying on any monthly Observation Date, beginning on December 29, 2020, is greater than or equal
to the Closing Price of the Underlying on the Trade Date (the "Initial Underlying Price"). If the Notes are automatically called, the
Issuer will pay the principal amount of your Notes plus the Contingent Coupon due on the Coupon Payment Date that is also the
Call Settlement Date, and no further amounts will be owed to you under the Notes. If the Notes are not automatically called and
the Closing Price of the Underlying on the Final Valuation Date (the "Final Underlying Price") is greater than or equal to the
specified Downside Threshold (which is set equal to the Coupon Barrier), the Issuer will pay you a cash payment at maturity equal
to the principal amount of your Notes plus the Contingent Coupon due on the Coupon Payment Date that is also the Maturity Date.
However, if the Final Underlying Price is less than the Downside Threshold, the Issuer will pay you a cash payment at maturity that
is less than the principal amount, if anything, resulting in a percentage loss of principal equal to the negative Underlying Return. In
this case, you will have full downside exposure to the Underlying from the Initial Underlying Price to the Final Underlying Price, and
could lose all of your principal. I nve st ing in t he N ot e s involve s signific a nt risk s. Y ou m a y lose a signific a nt
port ion or a ll of your princ ipa l. Y ou m a y re c e ive fe w or no Cont inge nt Coupons during t he t e rm of t he N ot e s.
T he Fina l U nde rlying Pric e is obse rve d re la t ive t o t he Dow nside T hre shold only on t he Fina l V a lua t ion Da t e ,
a nd t he c ont inge nt re pa ym e nt of princ ipa l a pplie s only if you hold t he N ot e s t o m a t urit y. Ge ne ra lly, t he
highe r t he Cont inge nt Coupon Ra t e on a N ot e , t he gre a t e r t he risk of loss on t ha t N ot e . Y our re t urn
pot e nt ia l on t he N ot e s is lim it e d t o a ny Cont inge nt Coupons pa id on t he N ot e s, a nd you w ill not pa rt ic ipa t e
in a ny a ppre c ia t ion of t he U nde rlying. Any pa ym e nt on t he N ot e 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 PS-4 of t his pric ing supple m 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 N ot e s. Se e "Conse nt t o U .K . Ba il-in Pow e r" in t his
pric ing supple m 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 .
Fe a t ure s
K e y Da t e s 1
Contingent Coupon: Unless the Notes have been
Trade Date:
December 27, 2019
previously called, the Issuer will pay you a Contingent Coupon
Settlement Date:
December 31, 2019
for each month if the Closing Price of the Underlying on the
Observation Dates:
Monthly (callable beginning
applicable Observation Date is greater than or equal to the
December 29, 2020)
specified Coupon Barrier. Otherwise, no Contingent Coupon
Final Valuation Date:
December 27, 2024
will be paid for that month.
Maturity Date:
January 2, 2025
Automatic Call: The Issuer will automatically call the
1
Notes if the Closing Price of the Underlying on any monthly
The Observation Dates, including the Final Valuation Date, and the
Observation Date, beginning on December 29, 2020, is greater
Maturity Date are subject to postponement. See "Final Terms" on
than or equal to the Initial Underlying Price. If the Notes are
page PS-6 of this pricing supplement.
automatically called, the Issuer will pay the principal amount of
your Notes plus the Contingent Coupon due on the Coupon
Payment Date that is also the Call Settlement Date, and no
further amounts will be owed to you under the Notes.
Dow nside Exposure w ith Contingent Repayment
of Princ ipa l a t M a t urit y: If the Notes are not automatically
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called and the Final Underlying Price is greater than or equal to
the Downside Threshold, the Issuer will pay you a cash
payment at maturity equal to the principal amount of your Notes
plus the Contingent Coupon due on the Coupon Payment Date
that is also the Maturity Date. However, if the Final Underlying
Price is less than the Downside Threshold, the Issuer will
repay less than your principal amount, if anything, resulting in a
percentage loss of principal equal to the negative Underlying
Return. The Final Underlying Price is observed relative to the
Downside Threshold only on the Final Valuation Date, and the
contingent repayment of principal applies only if you hold the
Notes to maturity. Any payment on the Notes, including any
repayment of principal, is subject to the creditworthiness of
Barclays Bank PLC.
N OT I CE T O I N V EST ORS: T H E N OT ES ARE SI GN I FI CAN T LY RI SK I ER T H AN CON V EN T I ON AL DEBT
I N ST RU M EN T S. T H E I SSU ER I S N OT N ECESSARI LY OBLI GAT ED T O REPAY T H E FU LL PRI N CI PAL AM OU N T
OF T H E N OT ES AT M AT U RI T Y , AN D T H E N OT ES CAN H AV E T H E FU LL DOWN SI DE M ARK ET RI SK OF T H E
U N DERLY I N G. T H I S M ARK ET RI SK I S I N ADDI T I ON T O T H E CREDI T RI SK I N H EREN T I N PU RCH ASI N G A
DEBT OBLI GAT I ON OF BARCLAY S BAN K PLC. Y OU SH OU LD N OT PU RCH ASE T H E N OT ES I F Y OU DO N OT
U N DERST AN D OR ARE N OT COM FORT ABLE WI T H T H E SI GN I FI CAN T RI SK S I N V OLV ED I N I N V EST I N G I N
T H E N OT ES.
Y OU SH OU LD CAREFU LLY CON SI DER T H E RI SK S DESCRI BED U N DER "K EY RI SK S" BEGI N N I N G ON PAGE
PS-1 0 OF T H I S PRI CI N G SU PPLEM EN T AN D "RI SK FACT ORS" BEGI N N I N G ON PAGE S -7 OF T H E
PROSPECT U S SU PPLEM EN T BEFORE PU RCH ASI N G AN Y N OT ES. EV EN T S RELAT I N G T O AN Y OF T H OSE
RI SK S, OR OT H ER RI SK S AN D U N CERT AI N T I ES, COU LD ADV ERSELY AFFECT T H E M ARK ET V ALU E OF, AN D
T H E RET U RN ON , Y OU R N OT ES. Y OU M AY LOSE A SI GN I FI CAN T PORT I ON OR ALL OF Y OU R PRI N CI PAL
AM OU N T . T H E N OT ES WI LL N OT BE LI ST ED ON AN Y SECU RI T I ES EX CH AN GE.
N OT WI T H ST AN DI N G AN Y OT H ER AGREEM EN T S, ARRAN GEM EN T S OR U N DERST AN DI N GS BET WEEN
BARCLAY S BAN K PLC AN D AN Y H OLDER OR BEN EFI CI AL OWN ER OF T H E N OT ES, BY ACQU I RI N G T H E
N OT ES, EACH H OLDER AN D BEN EFI CI AL OWN ER OF T H E N OT ES ACK N OWLEDGES, ACCEPT S, AGREES T O
BE BOU N D BY AN D CON SEN T S T O T H E EX ERCI SE OF, AN Y U .K . BAI L-I N POWER BY T H E RELEV AN T U .K .
RESOLU T I ON AU T H ORI T Y . SEE "CON SEN T T O U .K . BAI L-I N POWER" ON PAGE PS-4 OF T H I S PRI CI N G
SU PPLEM EN T .
N ot e Offe rings
This pricing supplement relates to three separate Trigger Autocallable Contingent Yield Notes we are offering. Each of the three
Notes is linked to the common stock or American depositary shares of a different company, and each of the three Notes has its
own Contingent Coupon Rate, Initial Underlying Price, Coupon Barrier and Downside Threshold, as specified in the table below.
The Initial Underlying Price is the Closing Price of the Underlying on the Trade Date. The Notes are offered at a minimum
investment of 100 Notes at $10 per Note (representing a $1,000 investment), and integral multiples of $10 in excess thereof.
I nit ia l
Cont inge nt
Dow nside
U nde rlying
U nde rlying
Coupon Ba rrie r*
CU SI P/ I SI N
Coupon Ra t e
T hre shold*
Pric e
Class C common stock of Dell 8.00% per annum
$50.98
$27.40, which is
$27.40, which is
06747E252 /
Technologies Inc. (DELL)
53.75% of the Initial
53.75% of the Initial
US06747E2524
Underlying Price
Underlying Price
Common stock of Morgan
8.00% per annum
$51.09
$32.70, which is
$32.70, which is
06747E245 /
Stanley (MS)
64.00% of the Initial
64.00% of the Initial
US06747E2458
Underlying Price
Underlying Price
American depositary shares
8.00% per annum
$60.10
$43.72, which is
$43.72, which is
06747E237 /
representing two B ordinary
72.75% of the Initial
72.75% of the Initial
US06747E2375
shares of Royal Dutch Shell
Underlying Price
Underlying Price
plc (RDSB)
* Rounded to two decimal places. The Downside Threshold and Coupon Barrier for each Underlying will be set on the Trade Date to the same
percentage for that Underlying.
Se e "Addit iona l I nform a t ion a bout Ba rc la ys Ba nk PLC a nd t he N ot e s" on pa ge PS-2 of t his pric ing
supple m e nt . T he N ot e s w ill ha ve t he t e rm s spe c ifie d in t he prospe c t us da t e d August 1 , 2 0 1 9 , t he
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prospe c t us supple m e nt da t e d August 1 , 2 0 1 9 a nd t his pric ing supple m e nt .
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 N ot e s or de t e rm ine d t ha t t his pric ing supple m 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 pric ing supple m e nt in t he init ia l sa le of t he N ot e s. I n a ddit ion, Ba rc la ys Ca pit a l I nc . or a ny
ot he r of our a ffilia t e s m a y use t his pric ing supple m e nt in m a rk e t re sa le t ra nsa c t ions in a ny of t he N ot e 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 pric ing
supple m e nt is be ing use d in a m a rk e t re sa le t ra nsa c t ion.
The Notes constitute our unsecured and unsubordinated obligations. 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 or deposit insurance agency of the United States, the United Kingdom or any other
jurisdiction.
U nde rw rit ing
Proc e e ds t o Ba rc la ys

I nit ia l I ssue Pric e 1
Disc ount
Ba nk PLC
Offe ring of N ot e s
T ot a l
Pe r N ot e
T ot a l
Pe r N ot e
T ot a l
Pe r N ot e
Notes linked to the Class C common stock of
$3,249,500.00
$10.00
$81,237.50
$0.25
$3,168,262.50
$9.75
Dell Technologies Inc.
Notes linked to the common stock of Morgan
$2,742,500.00
$10.00
$68,562.50
$0.25
$2,673,937.50
$9.75
Stanley
Notes linked to the American depositary shares $3,178,900.00
$10.00
$79,472.50
$0.25
$3,099,427.50
$9.75
representing two B ordinary shares of Royal
Dutch Shell plc
1 Our estimated value of the Notes on the Trade Date, based on our internal pricing models, is $9.561 per Note for Notes linked to the Class C
common stock of Dell Technologies Inc.; $9.635 per Note for Notes linked to the common stock of Morgan Stanley; and $9.467 per Note for
Notes linked to the American depositary shares representing two B ordinary shares of Royal Dutch Shell plc. In respect of each offering, the
estimated value is less than the initial issue price of the Notes. See "Additional Information Regarding Our Estimated Value of the Notes" on
page PS-3 of this pricing supplement.
U BS Fina nc ia l Se rvic e s I nc .
Ba rc la ys Ca pit a l I nc .

Addit iona l I nform a t ion a bout Ba rc la ys Ba nk PLC a nd t he N ot e s
You should read this pricing supplement together with the prospectus dated August 1, 2019, as supplemented by the prospectus
supplement dated August 1, 2019 relating to our Global Medium-Term Notes, Series A, of which these Notes are a part. This
pricing supplement, together with the documents listed below, contains the terms of the Notes 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 under "Risk Factors" in the prospectus supplement, as the
Notes 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 Notes.

If the terms set forth in this pricing supplement differ from those set forth in the prospectus or prospectus supplement, the terms
set forth herein will control.

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 August 1, 2019:
http://www.sec.gov/Archives/edgar/data/312070/000119312519210880/d756086d424b3.htm

¨
Prospectus supplement dated August 1, 2019:
http://www.sec.gov/Archives/edgar/data/312070/000095010319010190/dp110493_424b2-prosupp.htm

Our SEC file number is 1-10257. As used in this pricing supplement, "we," "us" and "our" refer to Barclays Bank PLC. In this pricing
supplement, "Notes" refers to the three different series of Trigger Autocallable Contingent Yield Notes that are offered hereby,
unless the context otherwise requires.

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PS-2
Addit iona l I nform a t ion Re ga rding Our Est im a t e d V a lue of t he N ot e s
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 Trade Date is based on our internal funding rates. Our estimated value of the Notes 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 Notes on the Trade Date is less than the initial issue price of the Notes. The difference between the
initial issue price of the Notes and our estimated value of the Notes 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 Notes, the estimated cost that we may incur in hedging our obligations under the Notes, and estimated development
and other costs that we may incur in connection with the Notes.

Our estimated value on the Trade Date is not a prediction of the price at which the Notes may trade in the secondary market, nor
will it be the price at which Barclays Capital Inc. may buy or sell the Notes 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 Notes in the secondary market
but it is not obligated to do so.

Assuming that all relevant factors remain constant after the Trade Date, the price at which Barclays Capital Inc. may initially buy or
sell the Notes 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 Trade Date for a temporary period
expected to be approximately eight months after the initial issue date of the Notes because, in our discretion, we may elect to
effectively reimburse to investors a portion of the estimated cost of hedging our obligations under the Notes and other costs in
connection with the Notes that we will no longer expect to incur over the term of the Notes. 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 Notes
and/or any agreement we may have with the distributors of the Notes. 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 Notes based on
changes in market conditions and other factors that cannot be predicted.

We urge you t o re a d t he "K e y Risk s" be ginning on pa ge PS-1 0 of t his pric ing supple m e nt .

PS-3
Conse nt t o U .K . Ba il-in Pow e r
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 or
be ne fic ia l ow ne r of t he N ot e s, by a c quiring t he N ot e s, e a c h holde r a nd be ne fic ia l ow ne r of t he N ot e 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 a 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 Notes;
(ii) the conversion of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, the Notes into
shares or other securities or other obligations of Barclays Bank PLC or another person (and the issue to, or conferral on, the
holder or beneficial owner of the Notes such shares, securities or obligations); and/or (iii) the amendment or alteration of the
maturity of the Notes, or amendment of the amount of interest or any other amounts due on the Notes, 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
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may be exercised by means of a variation of the terms of the Notes solely to give effect to the exercise by the relevant U.K.
resolution authority of such U.K. Bail-in Power. Each holder and beneficial owner of the Notes further acknowledges and agrees
that the rights of the holders or beneficial owners of the Notes 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 or beneficial owners of the Notes 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 "K e y Risk s--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 pric ing supple m 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 .

PS-4
I nve st or Suit a bilit y
T he N ot e s m a y be suit a ble for you if:
T he N ot e s m a y not be suit a ble for you if:

¨ You fully understand the risks inherent in an investment in
¨ You do not fully understand the risks inherent in an
the Notes, including the risk of loss of your entire principal
investment in the Notes, including the risk of loss of your
amount.
entire principal amount.

¨ You can tolerate a loss of a significant portion or all of your
¨ You require an investment designed to provide a full return of
principal amount and are willing to make an investment that
principal at maturity, you cannot tolerate a loss of a
may have the full downside market risk of an investment in
significant portion or all of your principal amount or you are
the Underlying.
not willing to make an investment that may have the full

downside market risk of an investment in the Underlying.
¨ You believe the Underlying is likely to close at or above the

Coupon Barrier on the specified Observation Dates, and, if
¨ You do not believe the Underlying is likely to close at or
it does not, you can tolerate receiving few or no Contingent
above the Coupon Barrier on the specified Observation
Coupons over the term of the Notes.
Dates, or you cannot tolerate receiving few or no Contingent

Coupons over the term of the Notes.
¨ You believe the Final Underlying Price is not likely to be less

than the Downside Threshold and, if it is, you can tolerate a
¨ You believe the Final Underlying Price is likely to be less
loss of a significant portion or all of your principal amount.
than the Downside Threshold, which could result in a total

loss of your principal amount.
¨ You understand and accept that you will not participate in

any appreciation of the Underlying, which may be significant,
¨ You seek an investment that participates in the full
and that your return potential on the Notes is limited to any
appreciation of the Underlying and whose return is not
Contingent Coupons paid on the Notes.
limited to any Contingent Coupons paid on the Notes.

¨ You can tolerate fluctuations in the price of the Notes prior to
¨ You cannot tolerate fluctuations in the price of the Notes
maturity that may be similar to or exceed the downside
prior to maturity that may be similar to or exceed the
fluctuations in the price of the Underlying.
downside fluctuations in the price of the Underlying.

¨ You are willing and able to hold Notes that will be called on
¨ You are unable or unwilling to hold Notes that will be called
the earliest monthly Observation Date, beginning on
on the earliest monthly Observation Date, beginning on
December 29, 2020, on which the Closing Price of the
December 29, 2020, on which the Closing Price of the
Underlying is greater than or equal to the Initial Underlying
Underlying is greater than or equal to the Initial Underlying
Price, and you are otherwise willing and able to hold the
Price, or you are unable or unwilling to hold the Notes to
Notes to maturity and accept that there may be little or no
maturity and seek an investment for which there will be an
secondary market for the Notes.
active secondary market.

¨ You are willing to invest in the Notes based on the Coupon
¨ You are unwilling to invest in the Notes based on the
Barrier percentage (and corresponding Downside Threshold
Coupon Barrier percentage (and corresponding Downside
percentage) specified on the cover of this pricing
Threshold percentage) specified on the cover of this pricing
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supplement.
supplement.

¨ You do not seek guaranteed current income from this
¨ You seek guaranteed current income from your investment,
investment, you are willing to accept the risk of contingent
you are unwilling to accept the risk of contingent yield or you
yield and you are willing to forgo any dividends paid on the
prefer to receive any dividends paid on the Underlying.
Underlying.

¨ You prefer the lower risk, and therefore accept the potentially
¨ You understand and are willing to accept the single equity
lower returns, of fixed income investments with comparable
risk associated with the Notes and understand and are
maturities and credit ratings.
willing to accept the risks associated with the Underlying.

¨ You do not understand or are unwilling to accept the single
¨ You are willing and able to assume the credit risk of Barclays
equity risk associated with the Notes or do not understand
Bank PLC, as issuer of the Notes, for all payments under
or are not willing to accept the risks associated with the
the Notes and understand that if Barclays Bank PLC were to
Underlying.
default on its payment obligations or become subject to the

exercise of any U.K. Bail-in Power, you might not receive
¨ You are not willing or are unable to assume the credit risk of
any amounts due to you under the Notes, including any
Barclays Bank PLC, as issuer of the Notes, for all payments
repayment of principal.
due to you under the Notes, including any repayment of
principal.

T he suit a bilit y c onside ra t ions ide nt ifie d a bove a re not e x ha ust ive . Whe t he r or not t he N ot e s a re a suit a ble
inve st m e nt for you w ill de pe nd on your individua l c irc um st a nc e s, a nd you should re a c h a n inve st m e nt
de c ision only a ft e r you a nd your inve st m e nt , le ga l, t a x , a c c ount ing a nd ot he r a dvisors ha ve c a re fully
c onside re d t he suit a bilit y of a n inve st m e nt in t he N ot e s in light of your pa rt ic ula r c irc um st a nc e s. Y ou
should a lso re vie w c a re fully t he "K e y Risk s" be ginning on pa ge PS-1 0 of t his pric ing supple m e nt a nd t he
"Risk Fa c t ors" be ginning on pa ge S -7 of t he prospe c t us supple m e nt for risk s re la t e d t o a n inve st m e nt in t he
N ot e s. For m ore inform a t ion a bout t he U nde rlying t o w hic h your N ot e s a re link e d, ple a se se e t he se c t ions
t it le d "I nform a t ion a bout t he U nde rlyings," a nd "De ll T e c hnologie s I nc .," "M orga n St a nle y" or "Roya l Dut c h
She ll plc ," a s a pplic a ble , be low .

PS-5
Fina l T e rm s1
Issuer:
Barclays Bank PLC
Principal Amount:
$10 per Note (subject to minimum investment of 100 Notes)
Term2,3:
Approximately five years, unless called earlier
Reference Asset3:
The common stock or American depositary shares of a specific company, as set forth on the
cover of this pricing supplement (the "Underlying")
Automatic Call Feature:
The Issuer will automatically call the Notes if the Closing Price of the Underlying on any monthly
Observation Date, beginning on December 29, 2020, is greater than or equal to the Initial
Underlying Price. If the Notes are automatically called, the Issuer will pay the principal amount of
your Notes plus the Contingent Coupon due on the Coupon Payment Date that is also the Call
Settlement Date, and no further amounts will be owed to you under the Notes.
Observation Dates2:
As set forth under the "Observation Dates" column of the table under "Observation Dates/Coupon
Payment Dates/Call Settlement Dates" below. The final Observation Date, December 27, 2024, is
the "Final Valuation Date."
Call Settlement Dates2:
As set forth under the "Coupon Payment Dates/Call Settlement Dates" column of the table under
"Observation Dates/Coupon Payment Dates/Call Settlement Dates" below
Contingent Coupon:
I f t he Closing Pric e of t he U nde rlying is gre a t e r t ha n or e qua l t o t he Coupon
Ba rrie r on a ny Obse rva t ion Da t e , the Issuer will pay you the Contingent Coupon applicable
to that Observation Date.
I f t he Closing Pric e of t he U nde rlying is le ss t ha n t he Coupon Ba rrie r on a ny
Obse rva t ion Da t e , the Contingent Coupon applicable to that Observation Date will not accrue
or be payable and the Issuer will not make any payment to you on the related Coupon Payment
Date.
The Contingent Coupon is a fixed amount potentially payable monthly based on the per annum
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Contingent Coupon Rate.
Coupon Barrier:
A percentage of the Initial Underlying Price of the Underlying, as specified on the cover of this
pricing supplement.
Coupon Payment Dates2:
As set forth under the "Coupon Payment Dates/Call Settlement Dates" column of the table under
"Observation Dates/Coupon Payment Dates/Call Settlement Dates" below
Contingent Coupon Rate:
The Contingent Coupon Rate is (i) 8.00% per annum for Notes linked to the Class C common
stock of Dell Technologies Inc., (ii) 8.00% per annum for Notes linked to the common stock of
Morgan Stanley and (iii) 8.00% per annum for Notes linked to the American depositary shares
representing two B ordinary shares of Royal Dutch Shell plc.
Accordingly, the Contingent Coupon per Note that would be payable for each Observation Date
on which the Closing Price of the Underlying is greater than or equal to the Coupon Barrier is (i)
$0.0667 for Notes linked to the Class C common stock of Dell Technologies Inc., (ii) $0.0667 for
Notes linked to the common stock of Morgan Stanley and (iii) $0.0667 for Notes linked to the
American depositary shares representing two B ordinary shares of Royal Dutch Shell plc.
Cont inge nt Coupons on t he N ot e s a re not gua ra nt e e d. T he I ssue r w ill not pa y
you t he Cont inge nt Coupon for a ny Obse rva t ion Da t e on w hic h t he Closing Pric e
of t he U nde rlying is le ss t ha n t he Coupon Ba rrie r.
Payment at Maturity (per Note): I f t he N ot e s a re not a ut om a t ic a lly c a lle d a nd t he Fina l U nde rlying Pric e is
gre a t e r t ha n or e qua l t o t he Dow nside T hre shold (w hic h e qua ls t he Coupon
Ba rrie r), the Issuer will pay you a cash payment on the Maturity Date equal to $10 per Note
plus the Contingent Coupon due on the Coupon Payment Date that is also the Maturity Date.
I f t he N ot e s a re not a ut om a t ic a lly c a lle d a nd t he Fina l U nde rlying Pric e is le ss
t ha n t he Dow nside T hre shold, the Issuer will pay you a cash payment on the Maturity Date
per Note that is less than your principal amount, if anything, resulting in a percentage loss of
principal equal to the negative Underlying Return, calculated as follows:
$10 × (1 + Underlying Return)
Accordingly, you may lose a significant portion or all of your principal at maturity,
depending on how much the Underlying declines. Any payment on the Notes, including any
repayment of principal, is subject to the creditworthiness of Barclays Bank PLC and is not
guaranteed by any third party.
Underlying Return:
Final Underlying Price Initial Underlying Price
Initial Underlying Price
Downside Threshold3:
A percentage of the Initial Underlying Price of the Underlying, as specified on the cover of this
pricing supplement.
Initial Underlying Price3:
The Closing Price of the Underlying on the Trade Date, as specified on the cover of this pricing
supplement
Final Underlying Price3:
The Closing Price of the Underlying on the Final Valuation Date
Closing Price3:
Closing Price has the meaning set forth under "Reference Assets--Equity Securities--Special
Calculation Provisions" in the prospectus supplement.
Calculation Agent:
Barclays Bank PLC
1
Terms used in this pricing supplement, but not defined herein, shall have the meanings ascribed to them in the prospectus supplement.
2
Each Observation Date may be postponed if that Observation Date is not a scheduled trading day or if a market disruption event occurs on
that Observation Date as described under "Reference Assets--Equity Securities--Market Disruption Events for Securities with an Equity
Security as a Reference Asset" in the accompanying prospectus supplement. In addition, a Coupon Payment Date, a Call Settlement Date
and/or the Maturity Date will be postponed if that day is not a business day or if the relevant Observation Date is postponed as described
under "Terms of the Notes--Payment Dates" in the accompanying prospectus supplement.
3
In the case of certain corporate events related to the Underlying, the Calculation Agent may adjust any variable, including but not limited to,
the Underlying, Initial Underlying Price, Final Underlying Price, Downside Threshold and Closing Price of the Underlying if the Calculation
Agent determines that the event has a diluting or concentrative effect on the theoretical value of the shares of the Underlying. The
Calculation Agent may accelerate the Maturity Date upon the occurrence of certain reorganization events and additional adjustment events.
For more information, see "Reference Assets--Equity Securities--Share Adjustments Relating to Securities with an Equity Security as a
Reference Asset" in the accompanying prospectus supplement.

PS-6
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I nve st m e nt T im e line

The Closing Price of the Underlying (the Initial Underlying Price) is observed and the Coupon
T ra de Da t e :
Barrier and Downside Threshold are set.

If the Closing Price of the Underlying is greater than or equal to the Coupon Barrier on any
Observation Date, the Issuer will pay you the Contingent Coupon applicable to that Observation
Date.
However, if the Closing Price of the Underlying is less than the Coupon Barrier on any
M ont hly (c a lla ble
Observation Date, no Contingent Coupon payment will be made with respect to that Observation
be ginning De c e m be r
Date.
2 9 , 2 0 2 0 ):
The Issuer will automatically call the Notes if the Closing Price of the Underlying on any monthly
Observation Date, beginning on December 29, 2020, is greater than or equal to the Initial
Underlying Price. If the Notes are automatically called, the Issuer will pay the principal amount of
your Notes plus the Contingent Coupon due on the Coupon Payment Date that is also the Call
Settlement Date, and no further amounts will be owed to you under the Notes.

The Final Underlying Price is determined as of the Final Valuation Date.
If the Notes are not automatically called and the Final Underlying Price is greater than or equal to
the Downside Threshold (which equals the Coupon Barrier), the Issuer will pay you a cash
payment on the Maturity Date equal to $10 per Note plus the Contingent Coupon due on the
Coupon Payment Date that is also the Maturity Date.
If the Notes are not automatically called and the Final Underlying Price is less than the Downside
M a t urit y Da t e :
Threshold, the Issuer will pay you a cash payment on the Maturity Date per Note that is less than
your principal amount, if anything, resulting in a percentage loss of principal equal to the negative
Underlying Return, calculated as follows:
$10 × (1 + Underlying Return)
Accordingly, you may lose a significant portion or all of your principal at maturity,
depending on how much the Underlying declines.

I nve st ing in t he N ot e s involve s signific a nt risk s. Y ou m a y lose a signific a nt port ion or a ll of your princ ipa l
a m ount . Y ou m a y re c e ive fe w or no Cont inge nt Coupons during t he t e rm of t he N ot e s. T he Fina l U nde rlying
Pric e is obse rve d re la t ive t o t he Dow nside T hre shold only on t he Fina l V a lua t ion Da t e , a nd t he c ont inge nt
re pa ym e nt of princ ipa l a pplie s only if you hold t he N ot e s t o m a t urit y. Ge ne ra lly, t he highe r t he Cont inge nt
Coupon Ra t e on a N ot e , t he gre a t e r t he risk of loss on t ha t N ot e . Y our re t urn pot e nt ia l on t he N ot e s is
lim it e d t o a ny Cont inge nt Coupons pa id on t he N ot e s, a nd you w ill not pa rt ic ipa t e in a ny a ppre c ia t ion of t he
U nde rlying. Any pa ym e nt on t he N ot e 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 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 N ot e s.

PS-7
Obse rva t ion Da t e s/Coupon Pa ym e nt Da t e s/Ca ll Se t t le m e nt Da t e s
Obse rva t ion Da t e s
Coupon Pa ym e nt Da t e s / Ca ll Se t t le m e nt Da t e s
January 27, 2020*
January 29, 2020*
February 27, 2020*
March 2, 2020*
March 27, 2020*
March 31, 2020*
April 27, 2020*
April 29, 2020*
May 27, 2020*
May 29, 2020*
June 29, 2020*
July 1, 2020*
July 27, 2020*
July 29, 2020*
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August 27, 2020*
September 1, 2020*
September 28, 2020*
September 30, 2020*
October 27, 2020*
October 29, 2020*
November 27, 2020*
December 1, 2020*
December 29, 2020
December 31, 2020
January 27, 2021
January 29, 2021
March 1, 2021
March 3, 2021
March 29, 2021
March 31, 2021
April 27, 2021
April 29, 2021
May 27, 2021
June 1, 2021
June 28, 2021
June 30, 2021
July 27, 2021
July 29, 2021
August 27, 2021
September 1, 2021
September 27, 2021
September 29, 2021
October 27, 2021
October 29, 2021
November 29, 2021
December 1, 2021
December 29, 2021
December 31, 2021
January 27, 2022
January 31, 2022
February 28, 2022
March 2, 2022
March 28, 2022
March 30, 2022
April 27, 2022
April 29, 2022
May 27, 2022
June 1, 2022
June 27, 2022
June 29, 2022
July 27, 2022
July 29, 2022
August 30, 2022
September 1, 2022
September 27, 2022
September 29, 2022
October 27, 2022
October 31, 2022
November 28, 2022
November 30, 2022
December 28, 2022
December 30, 2022
January 27, 2023
January 31, 2023
February 27, 2023
March 1, 2023
March 27, 2023
March 29, 2023
April 27, 2023
May 2, 2023
May 30, 2023
June 1, 2023
June 27, 2023
June 29, 2023
July 27, 2023
July 31, 2023
August 29, 2023
August 31, 2023
September 27, 2023
September 29, 2023
October 27, 2023
October 31, 2023

PS-8
November 27, 2023
November 29, 2023
December 27, 2023
December 29, 2023
January 29, 2024
January 31, 2024
February 27, 2024
February 29, 2024
March 27, 2024
April 2, 2024
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April 29, 2024
May 2, 2024
May 28, 2024
May 30, 2024
June 27, 2024
July 1, 2024
July 29, 2024
July 31, 2024
August 27, 2024
August 29, 2024
September 27, 2024
October 1, 2024
October 28, 2024
October 30, 2024
November 27, 2024
December 2, 2024
December 27, 2024
January 2, 2025
* The Notes are NOT automatically callable until the twelfth Observation Date, which is December 29, 2020. Thus, the first Call Settlement Date
will be on or about December 31, 2020.

PS-9
K e y Risk s
An investment in the Notes involves significant risks. Investing in the Notes is not equivalent to investing directly in the Underlying.
Some of the risks that apply to an investment in the Notes are summarized below, but we urge you to read the more detailed
explanation of risks relating to the Notes generally in the "Risk Factors" section of the prospectus supplement. You should not
purchase the Notes unless you understand and can bear the risks of investing in the Notes.

¨
Y ou m a y lose a signific a nt port ion or a ll of your princ ipa l -- The Notes differ from ordinary debt securities in that
the Issuer will not necessarily pay the full principal amount of the Notes at maturity. If the Notes are not automatically called, the
Issuer will pay you the principal amount of your Notes only if the Final Underlying Price is greater than or equal to the Downside
Threshold and will make such payment only at maturity. If the Notes are not automatically called and the Final Underlying Price
is less than the Downside Threshold, you will be exposed to the full decline in the Underlying and the Issuer will repay less
than the full principal amount of the Notes at maturity, if anything, resulting in a percentage loss of principal equal to the
negative Underlying Return. Accordingly, you may lose a significant portion or all of your principal.

¨
Y ou m a y not re c e ive a ny Cont inge nt Coupons -- The Issuer will not necessarily make periodic coupon payments on
the Notes. If the Closing Price of the Underlying on an Observation Date is less than the Coupon Barrier, the Issuer will not pay
you the Contingent Coupon applicable to that Observation Date. If the Closing Price of the Underlying is less than the Coupon
Barrier on each of the Observation Dates, the Issuer will not pay you any Contingent Coupons during the term of the Notes,
and you will not receive a positive return on your Notes. Generally, this non-payment of the Contingent Coupon coincides with a
period of greater risk of principal loss on your Notes.

¨
Cont inge nt re pa ym e nt of princ ipa l a pplie s only a t m a t urit y -- You should be willing to hold your Notes to maturity.
The market value of the Notes may fluctuate between the date you purchase them and the Final Valuation Date. If you are able
to sell your Notes prior to maturity in the secondary market, if any, you may have to sell them at a loss relative to your principal
amount even if at that time the price of the Underlying is greater than or equal to the Downside Threshold.

¨
Y our re t urn pot e nt ia l on t he N ot e s is lim it e d t o a ny Cont inge nt Coupons pa id on t he N ot e s, a nd you w ill
not pa rt ic ipa t e in a ny a ppre c ia t ion of t he U nde rlying -- The return potential of the Notes is limited to the pre-
specified per annum Contingent Coupon Rate, regardless of any appreciation of the Underlying. In addition, the total return on
the Notes will vary based on the number of Observation Dates on which the Closing Price of the Underlying has been greater
than or equal to the Coupon Barrier prior to maturity or an automatic call. Further, if the Notes are automatically called pursuant
to the Automatic Call Feature, you will not receive Contingent Coupons or any other payment in respect of any Observation
Dates after the applicable Call Settlement Date. Because the Notes could be called as early as the twelfth Observation Date,
the total return on the Notes could be minimal. If the Notes are not automatically called, you may be subject to the decline in
the price of the Underlying even though you will not participate in any of the Underlying's appreciation.

¨
Re inve st m e nt risk -- If your Notes are automatically called early, the holding period over which you would receive the per
annum Contingent Coupon Rate could be as short as approximately one year. There is no guarantee that you would be able to
reinvest the proceeds from an investment in the Notes in a comparable investment with a similar level of risk in the event the
Notes are automatically called prior to the Maturity Date. The likelihood that the Notes will be automatically called prior to the
Maturity Date is highest earlier in their term. Generally, the longer the Notes remain outstanding, the less likely it is that the
Notes will be automatically called, due to the decline in the price of the Underlying that has caused the Notes not to be
automatically called on an earlier Observation Date and the shorter time remaining for the price of the Underlying to increase to
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Document Outline

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