Bond Barclay PLC 1.95% ( XS1931225749 ) in EUR

Barclay PLC

100 % ⇌

United Kingdom

XS1931225749 ( in EUR )

1.95% per year ( payment 1 time a year)

09/04/2034

Prospectus brochure of the bond Barclays PLC XS1931225749 en EUR 1.95%, maturity 09/04/2034

100 000 EUR

130 000 000 EUR

10/04/2026 ( In 161 days )

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 EUR, with the ISIN code XS1931225749, pays a coupon of 1.95% per year.
The coupons are paid 1 time per year and the Bond maturity is 09/04/2034

GSSP BASE PROSPECTUS 1
BARCLAYS BANK PLC
(Incorporated with limited liability in England and Wales)
Pursuant to the Global Structured Securities Programme
What is this document?
This document (the "Base Prospectus") constitutes a base prospectus for the purposes of Article 5.4 of
the Prospectus Directive, and is one of a number of prospectuses which relate to the Global Structured
Securities Programme (the "Programme"). When used in this document, the "Prospectus Directive"
means Directive 2003/71/EC of the European Parliament and of the Council (as amended, including by
Directive 2010/73/EU) and includes any relevant implementing measures in a relevant member state of
the European Economic Area.
This Base Prospectus is valid for one year and may be supplemented from time to time to reflect any
significant new factor, material mistake or inaccuracy relating to the information included in it.
What type of Securities does this Base Prospectus relate to?
This particular Base Prospectus ("GSSP Base Prospectus 1") relates to the issuance of securities (the
"Securities"), which will bear fixed rate interest, floating rate interest, inverse floating rate interest,
decompounded floating rate interest, interest that is linked to the performance of a specified inflation
index, a fixed rate of interest that will vary between two specified fixed rates (one of which may be
zero) depending on whether a specified floating rate equals or exceeds a specified strike rate or a rate
of interest linked to the spread between two floating rates, may be zero coupon securities (which do not
bear interest) or may apply a combination of different interest types. The amount of interest payable in
respect of Securities on an interest payment date may be subject to a range accrual factor that will vary
depending on the performance of a specified inflation index or one or more specified floating rates
during the observation period relating to that interest payment date. The type of interest (if any)
payable on the Securities may be the same for all interest payment dates or may be different for
different interest payment dates. Securities may also contain a provision which allows the Issuer to
switch the type of interest payable on specified dates before maturity.
Upon maturity, the Securities will either pay a fixed redemption amount or a redemption amount that is
linked to the performance of a specified inflation index. In addition, the Securities may provide for
early redemption at the option of the issuer (a call option) or the investor (a put option).
Who is the Issuer?
The Securities will be issued by Barclays Bank PLC (the "Issuer"). The payment of any amount due
under the Securities is subject to the Issuer's financial position and its ability to meet its obligations.
The Registration Document for the Issuer (as defined in the section entitled 'Information Incorporated
by Reference') which is incorporated by reference into this Base Prospectus, together with other
information provided in this Base Prospectus, provides a description of the Issuer's business activities
as well as certain financial information and material risks faced by the Issuer.
How do I use this Base Prospectus?
This Base Prospectus, together with certain other documents listed within, is intended to provide you
with information necessary to enable you to make an informed investment decision before purchasing
any Securities.
The contractual terms of any particular issuance of Securities will be composed of the terms and
conditions set out at pages 126 to 241 of this Base Prospectus (the "General Conditions"), as
completed by a separate Final Terms document, which is specific to that issuance of Securities (the
"Final Terms").
1

The General Conditions comprise five Sections (A to E):

Sections A.: INTRODUCTION, B.: FORM, TITLE, TRANSFER, CALCULATIONS AND
PAYMENTS UNDER THE SECURITIES and E.: GENERAL PROVISIONS are generic
provisions which apply to issuances of Securities generally;

Sections C.: INTEREST, OPTIONAL EARLY REDEMPTION AND FINAL REDEMPTION
and D.: INFLATION INDEX DISRUPTION EVENTS contain certain optional provisions
that will only apply to certain issuances of Securities. The Final Terms document will specify
which provisions from Section C apply to your Securities. Section D will only apply to
Securities that bear interest or pay a redemption amount that is linked to the performance of a
specified inflation index.
The provisions from Section C that are specified to be applicable in the Final Terms will contain the
relevant economic terms applicable to your Securities as follows:

the relevant sub-paragraph of General Condition 6 (Interest) sets out how any interest amounts
will be calculated;

General Condition 7 (Optional Early Redemption) will specify whether the Issuer, or
investors, have the right to redeem the Securities early and at what amount; and

General Condition 8 (Final Redemption) will specify how the redemption amount is calculated
upon maturity.
Worked examples of hypothetical Securities are set out in the section called 'How the return on your
investment is calculated' which explains how the calculations in Section C of the General Conditions
will be made.
This Base Prospectus also includes other general information such as information about the material
risks relating to investing in Securities and information on selling and transfer restrictions. The
Registration Document incorporated by reference into this Base Prospectus also provides a description
of the Issuer's business activities as well as certain financial information and material risks faced by the
Issuer.
All capitalised terms used will be defined in this Base Prospectus or the Final Terms and are referenced
in the Index to this Base Prospectus.
What other documents do I need to read?
This Base Prospectus (including the Registration Document and the other information which is
incorporated by reference) contains all information which is necessary to enable investors to make an
informed decision regarding the financial position and prospects of the Issuer and the rights attaching
to the Securities. Some of this information is incorporated by reference from other publicly available
documents and some of this information is completed in an issue-specific document called the Final
Terms. You should read the documents incorporated by reference, as well as the Final Terms in respect
of such Securities, together with this Base Prospectus.
Documents will be made available at the registered office of the Issuer and at
http://www.barclays.com/barclays-investor-relations/results-and-reports/results.html,
https://www.home.barclays/prospectuses-and-documentation/structured-securities/prospectuses.html
and
at
https://www.home.barclays/prospectuses-and-documentation/structured-securities/final-
terms.html (as applicable) or the successor website(s).
What information is included in the Final Terms?
While this Base Prospectus includes general information about all Securities, the Final Terms is the
document that sets out the specific details of each particular issuance of Securities. For example, the
Final Terms will contain:

the issue date;
2

the scheduled redemption date;

the interest payment dates (if any);

the type of interest that applies in respect of each interest payment date (if any);

the type of final redemption;

whether or not the Securities may be redeemed early at the option of the Issuer or the investor;
and

any other information needed to complete the terms included in this Base Prospectus for the
particular Securities (identified by the words 'as specified in the Final Terms' or other
equivalent wording).
Wherever the General Conditions provide optional provisions, the Final Terms will specify which of
those provisions apply to a specific issuance of Securities.
What type of Underlying Assets may the Securities be linked to?
The interest and repayment terms of certain Securities issued under this Base Prospectus may be linked
to:

a reference rate for determining floating rate interest;

a reference rate for determining the fixed rate at which digital interest is payable;

two reference rates for determining spread-linked interest;

one or more reference rates for determining the applicable range accrual factor (if any); and/or

movements in an inflation index,
(each being an "Underlying Asset").
In addition, certain Securities issued under this Base Prospectus may pay fixed interest amounts and/or
a fixed repayment amount. Such interest amounts and/or repayment amount (as applicable) will not be
linked to an Underlying Asset.
Those Securities with repayment terms that are linked to movements in an inflation index will be
'derivative securities' for the purposes of the Prospectus Directive (and as such specific items of
information are included in this Base Prospectus that may not be relevant for Securities that are not
derivative securities).
28 August 2018
3

Important Information
IMPORTANT INFORMATION
THE AMOUNT PAYABLE ON REDEMPTION OF THE SECURITIES MAY BE LESS THAN
THE ORIGINAL INVESTED AMOUNT (AND IN SOME CASES MAY BE ZERO), IN
WHICH CASE YOU MAY LOSE SOME OR ALL OF YOUR ORIGINAL INVESTMENT.
FOR ALL SECURITIES, IF THE ISSUER BECOMES INSOLVENT OR BANKRUPT OR
OTHERWISE FAILS TO MAKE ITS PAYMENT OBLIGATIONS ON THE SECURITIES,
YOU WILL LOSE SOME OR ALL OF YOUR ORIGINAL INVESTMENT.
INVESTING IN SECURITIES INVOLVES CERTAIN RISKS, AND YOU SHOULD FULLY
UNDERSTAND THESE BEFORE YOU INVEST. SEE THE SECTION HEADED 'RISK
FACTORS' BELOW.
Responsibility
The Issuer accepts responsibility for the information contained in this Base Prospectus and any Final
Terms. To the best of the knowledge of the Issuer (having taken all reasonable care to ensure that such
is the case), the information contained in this Base Prospectus and any Final Terms is in accordance
with the facts and contains no omission likely to affect the import of such information.
Regulatory approval and passporting for the purposes of the EU Prospectus Directive
This Base Prospectus has been approved by the United Kingdom Financial Conduct Authority (the
"FCA") in its capacity as competent authority in the United Kingdom (the "UK Listing Authority") as
a base prospectus issued in compliance with the Prospectus Directive and relevant implementing
measures in the United Kingdom for the purpose of giving information with regard to the issue of
Securities pursuant to the Programme on and during the period of 12 months after the date hereof.
Notification of this approval will be made to the competent authorities of Belgium, Denmark, Finland,
France, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Portugal, Spain and Sweden.
The contents of this Base Prospectus have not been reviewed or approved by any regulatory authority
other than the UK Listing Authority.
No compensation arrangements
Any failure by the Issuer to make payments due under the Securities would not of itself give rise to any
claim for compensation on the grounds of such a failure. You would not have a claim for compensation
against the UK's Financial Services Compensation Scheme. For more information regarding Issuer risk,
please see 'Risk Factors' risk factor 1 (Risks associated with the Issuer's ability to fulfil its obligations
under the Securities and status of the Securities).
No investment advice
Neither this Base Prospectus nor any Final Terms is or purports to be investment advice. Unless
expressly agreed otherwise with a particular investor, neither the Issuer nor any Manager is acting as an
investment adviser, providing advice of any other nature, or assuming any fiduciary obligation to any
investor in Securities.
Independent evaluation
Nothing set out or referred to in this Base Prospectus is intended to provide the basis of any credit or
other evaluation (except in respect of any purchase of Securities described herein) or should be
considered as a recommendation by the Issuer or any Manager that any recipient of this Base
Prospectus (or any document referred to herein) should purchase any Securities.
An investor should not purchase the Securities unless they understand the extent of their exposure to
potential loss. Investors are urged to read the factors described in the section headed 'Risk Factors',
together with the other information in this Base Prospectus (including any information incorporated by
reference), as supplemented from time to time, and the Final Terms, before investing in the Securities.
4

Important Information
Investors should note that (i) the risks described in the section headed 'Risk Factors' of this Base
Prospectus and (ii) the risks described in the section headed 'Risk Factors' of the Registration
Document (which is incorporated by reference into this Base Prospectus) are not the only risks that the
Issuer faces or that may arise because of the nature of the Securities. The Issuer has described only
those risks relating to its operations and to the Securities that it considers to be material. There may be
additional risks that the Issuer currently considers not to be material or of which it is not currently
aware.
Given the nature, complexity and risks inherent in the Securities (and investments relating to any
Underlying Assets), the Securities may not be suitable for an investor's investment objectives in the
light of his or her financial circumstances. Investors should consider seeking independent advice to
assist them in determining whether the Securities are a suitable investment for them or to assist them in
evaluating the information contained or incorporated by reference into this Base Prospectus or set out
in the Final Terms.
You have sole responsibility for the management of your tax and legal affairs including making any
applicable filings and payments and complying with any applicable laws and regulations. Neither the
Issuer nor any of its Affiliates will provide you with tax or legal advice and you should obtain your
own independent tax and legal advice tailored to your individual circumstances. The tax treatment of
structured products, such as the Securities, can be complex; the tax treatment applied to an individual
depends on their circumstances. The level and basis of taxation may alter during the term of any
product.
Amounts due to be paid to you are described on a gross basis, i.e. without calculating any tax liability.
The Issuer shall make no deduction for any tax, duty, or other charge unless required by law.
Potential for discretionary determinations by the Issuer or the Determination Agent
Under the terms and conditions of the Securities, following the occurrence of certain events relating to
the Issuer, (save for Belgian Securities) the Issuer's hedging arrangements, the Underlying Asset(s),
taxation, the relevant currency or other matters, the Issuer or the Determination Agent may determine
to take one of the actions available to it in order to deal with the impact of such event on the Securities
or the Issuer or both. These actions may include (i) adjustment to the terms and conditions of the
Securities, (ii) substitution of the Underlying Asset(s) or (iii) early redemption of the Securities. Any
such discretionary determination by the Issuer or Determination Agent could have a material adverse
impact on the value of and return on the Securities. See, in particular, 'Risk Factors' - risk factor 14
(Risks associated with discretionary powers of the Issuer and the Determination Agent, including in
relation to the Issuer's hedging arrangements) below.
Distribution
The distribution or delivery of this Base Prospectus or any Final Terms and any offer or sale of
Securities in certain jurisdictions may be restricted by law. This document does not constitute, and may
not be used for the purposes of, an offer or solicitation by anyone in any jurisdiction in which such
offer or solicitation is not authorised or to any person to whom it is unlawful to make such offering or
solicitation. Other than as expressly described in this Base Prospectus, no action is being taken to
permit an offering of Securities or the delivery of this Base Prospectus in any jurisdiction. Persons into
whose possession this Base Prospectus or any Final Terms comes are required by the Issuer to inform
themselves about and to observe any such restrictions.
Details of selling restrictions for various jurisdictions are set out in the section headed 'Purchase and
Sale'.
US selling restrictions
The Securities have not been and will not be registered under the US Securities Act of 1933, as
amended (the "Securities Act"), or with any securities regulatory authority of any state or other
jurisdiction of the United States, and may not be offered or sold within the United States or to, or for
the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act
("Regulation S")) ("U.S. persons"), except in certain transactions exempt from the registration
5

Important Information
requirements of the Securities Act and applicable state securities laws. The Securities are being offered
and sold outside the United States to non-U.S. persons in reliance on Regulation S.
Securities in bearer form may be subject to US tax law requirements (as described below). Subject to
certain exceptions, such Securities may not be offered, sold or delivered within the United States or its
possessions or to or for account or benefit of United States persons (as defined in the US Internal
Revenue Code of 1986, as amended (the "Code") and the regulations thereunder).
For a description of these and certain further restrictions on offers, sales and transfers of Securities and
delivery of this Base Prospectus and any Final Terms, see 'Purchase and Sale' and 'Clearance and
Settlement' herein.
THE SECURITIES HAVE NOT BEEN AND WILL NOT BE APPROVED OR DISAPPROVED BY
THE US SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES
COMMISSION IN THE UNITED STATES OR ANY OTHER US REGULATORY AUTHORITY,
NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE
MERITS OF THE OFFERING OF SECURITIES OR THE ACCURACY OR THE ADEQUACY OF
THE OFFERING DOCUMENTS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENCE IN THE UNITED STATES.
US foreign account tax compliance withholding
THE FOREIGN ACCOUNT TAX COMPLIANCE ACT ("FATCA") IS PARTICULARLY
COMPLEX AND ITS CURRENT AND FUTURE APPLICATION TO THE ISSUER,
SECURITIES AND THE INVESTORS IS UNCERTAIN AT THIS TIME. YOU SHOULD
CONSULT YOUR OWN TAX ADVISERS TO OBTAIN A MORE DETAILED
EXPLANATION OF FATCA AND TO LEARN HOW THIS LEGISLATION MIGHT AFFECT
YOU IN YOUR PARTICULAR CIRCUMSTANCE, INCLUDING HOW THE FATCA RULES
MAY APPLY TO PAYMENTS RECEIVED UNDER THE SECURITIES BOTH CURRENTLY
AND IN THE FUTURE.
Change of circumstances
Neither the delivery of this Base Prospectus or any Final Terms, nor any sale of Securities pursuant
thereto, shall create any impression that information therein relating to the Issuer is correct at any time
subsequent to the date thereof or that any other information supplied in connection with the Programme
is correct as of any time subsequent to the date indicated in the document containing the same (the
foregoing being without prejudice to the Issuer's obligations under applicable rules and regulations).
Representations
In connection with the issue and sale of Securities, no person has been authorised to give any
information or to make any representation not contained in or consistent with the Base Prospectus and
Final Terms and, if given or made, such information or representation must not be relied upon as
having been authorised by the Issuer. The Issuer does not accept responsibility for any information not
contained in this Base Prospectus and Final Terms. This document does not constitute, and may not be
used for the purposes of, an offer or solicitation by anyone in any jurisdiction in which such offer or
solicitation is not authorised or to any person to whom it is unlawful to make such offering or
solicitation and no action is being taken to permit an offering of the Securities or the distribution of this
Base Prospectus in any jurisdiction where action is required.
Representations in relation to Swiss Securities
If you purchase Swiss Securities, you shall be deemed to have agreed to be bound by the exercise of
any UK Bail-In Power by the Relevant UK Resolution Authority. See risk factor 3 (Regulatory action
in the event a bank or investment firm in the Group (such as the Issuer) is failing or likely to fail could
materially adversely affect the value of the Securities) and General Condition 3 (Contractual
acknowledgement of bail-in in respect of Swiss Securities).
Calculations and determinations
6

Important Information
Unless otherwise specified, all calculations and determinations in respect of the Securities shall be
made by either Barclays Bank PLC or Barclays Capital Securities Limited (acting in such capacity, the
"Determination Agent").
Use of a benchmark
Amounts payable under the Securities may be calculated or otherwise determined by reference to an
index or a combination of indices. Any such index may constitute a benchmark for the purposes of the
Benchmarks Regulation (Regulation (EU) 2016/1011) (as may be amended from time to time, the
"Benchmarks Regulation"). If any such index does constitute such a benchmark, the Final Terms will
indicate whether or not the benchmark is provided by an administrator included in the register of
administrators and benchmarks established and maintained by the European Securities and Markets
Authority ("ESMA") pursuant to article 36 of the Benchmarks Regulation. Not every index will fall
within the scope of the Benchmarks Regulation. Furthermore transitional provisions in the Benchmarks
Regulation may have the result that the administrator of a particular benchmark is not required to
appear in the register of administrators and benchmarks at the date of the applicable Final Terms. The
registration status of any administrator under the Benchmarks Regulation is a matter of public record
and, save where required by applicable law, the Issuer does not intend to update the Final Terms to
reflect any change in the registration status of the administrator.
7

TABLE OF CONTENTS
Page
SUMMARY
11
This section provides a summary of the key information contained within this Base Prospectus
with placeholders for information specific to each tranche of Securities. A summary completed
with such issue-specific information will be attached to the Final Terms.
RISK FACTORS
41
This section sets out the principal risks inherent in investing in Securities issued pursuant to the
Programme, including key risks relating to investments linked to the Underlying Asset(s).
GENERAL DESCRIPTION OF THE PROGRAMME
75
This section provides an overview of certain key features of the programme.
INFORMATION INCORPORATED BY REFERENCE
76
This section incorporates selected financial information regarding the Issuer from other
publicly available documents.
HOW THE RETURN ON YOUR INVESTMENT IS CALCULATED
81
This section sets out worked examples of how the interest and redemption amounts are
calculated under a variety of scenarios.
TERMS AND CONDITIONS OF THE SECURITIES
126
This section sets out the contractual terms of the Securities. Section C contains certain options
for determining interest payments (if any), optional redemption rights (if any) and final
redemption payments and the Final Terms will indicate which of these options shall apply.
A.
INTRODUCTION
127
B.
FORM, TITLE, TRANSFER, CALCULATIONS AND PAYMENTS UNDER THE
128
SECURITIES
1.
Form, title and transfer
128
2.
Status
137
3.
Contractual acknowledgement of bail-in in respect of Swiss Securities
137
4.
Calculations and publication
138
5.
Payments
139
C.
INTEREST, OPTIONAL EARLY REDEMPTION AND FINAL REDEMPTION
143
6.
Interest
143
6.1
Fixed Rate Interest
143
6.2
Floating Rate Interest
145
6.3
Inverse Floating Rate Interest
149
6.4
Inflation-Linked Interest
152
6.5
Digital Interest
157
6.6
Spread-Linked Interest
161
6.7
Decompounded Floating Rate Interest
165
6.8
Determination of a Floating Rate
169
6.9
Calculation of the Range Accrual Factor
175
6.10
Switch Option
179
6.11
Zero Coupon
180
6.12
Global Floor
180
6.13
Conversion Option
181
7.
Optional Early Redemption
186
7.1
Issuer Call Option
186
7.2
Holder Put Option
187
8.
Final Redemption
189
8

8.1
Bullet Redemption
189
8.2
Inflation-Linked Redemption
189
D.
INFLATION INDEX DISRUPTION EVENTS
191
9.
Inflation Index Disruption Events
191
10.
Consequences of FX Disruption Events
193
E.
GENERAL PROVISIONS
194
11.
Accrual of Interest
194
12.
Adjustment or early redemption following an Additional Disruption Event
195
13.
Early Redemption following an unscheduled early redemption event -
195
Belgian Securities
14.
Administrator/Benchmark Event
197
15.
Indicative amounts
197
16.
Events of Default
198
17.
Agents
199
18.
Taxation
200
19.
Prescription
201
20.
Replacement of Securities (other than CREST Securities, Danish Securities,
201
Finnish Securities, French Securities, Norwegian Securities or Swedish
Securities)
21.
Early redemption for unlawfulness or impracticability
202
22.
Notices
202
23.
Substitution (Securities other than French Securities and Belgian Securities)
204
24.
Modifications and meetings of Holders
205
25.
Further issues
211
26.
Purchases and cancellations
211
27.
Governing law and jurisdiction
211
28.
Severability
212
29.
Contracts (Rights of Third Parties) Act 1999
212
30.
Definitions and interpretation
212
FORM OF FINAL TERMS
242
This section sets out a template for the Final Terms to be used for each specific issuance of
Securities.
CLEARANCE AND SETTLEMENT
294
This section sets out additional conditions relating to the clearing system for the Securities.
GENERAL INFORMATION APPLICABLE TO CREST SECURITIES AND CDIs
295
This section provides additional conditions for Securities that are CREST Securities or CDIs.
TAXATION
296
This section sets out an overview of certain taxation considerations relating to Securities.
PURCHASE AND SALE
334
This section sets out an overview of certain restrictions around who can purchase the Securities
in certain jurisdictions.
IMPORTANT LEGAL INFORMATION
346
This section provides important legal information relating to all Securities.
GENERAL INFORMATION
352
This section provides certain additional information relating to all Securities.
INDEX
356
9

An index of all defined terms used in this Base Prospectus.
10