Obbligazione Barclay PLC 10% ( US06741WHM55 ) in USD

Emittente Barclay PLC
Prezzo di mercato 100 USD  ▼ 
Paese  Regno Unito
Codice isin  US06741WHM55 ( in USD )
Tasso d'interesse 10% per anno ( pagato 2 volte l'anno)
Scadenza 22/06/2023 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Barclays PLC US06741WHM55 in USD 10%, scaduta


Importo minimo 1 000 USD
Importo totale 3 369 000 USD
Cusip 06741WHM5
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Descrizione dettagliata Barclays PLC è una banca multinazionale britannica che offre una vasta gamma di servizi finanziari a clienti privati, aziende e istituzioni in tutto il mondo.

The Obbligazione issued by Barclay PLC ( United Kingdom ) , in USD, with the ISIN code US06741WHM55, pays a coupon of 10% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 22/06/2023







424B2 1 a20-23168_3424b2.htm 6 LN79 [BARC-AMERICAS.FID1154234]

Pricing Supplement dated June 19, 2020
Filed Pursuant to Rule 424(b)(2)
(To the Prospectus dated August 1, 2019, the Prospectus Supplement dated August 1, 2019 and the Prospectus Addendum dated May 11, 2020)
Registration No. 333­232144

$ 3 ,3 6 9 ,0 0 0
Aut oCa lla ble Fix e d Coupon N ot e s due J une 2 2 , 2 0 2 3
Link e d t o t he Le a st Pe rform ing of Four Equit y Se c urit ie s
Globa l M e dium -T e rm N ot e s, Se rie s A

Terms used in this pricing supplement, but not defined herein, shall have the meanings ascribed to them in the prospectus supplement.

Issuer:
Barclays Bank PLC
Denominations:
Minimum denomination of $1,000, and integral multiples of $1,000 in excess thereof
Initial Valuation Date:
June 19, 2020
Issue Date:
June 24, 2020
Final Valuation Date:*
June 19, 2023
Maturity Date:*
June 22, 2023
Reference Assets:
The common stock of Public Service Enterprise Group Incorporated ("PEG"), the common shares of Consolidated Edison, Inc.
("ED"), the common stock of The Southern Company ("SO") and the common stock of Dominion Energy, Inc. ("D"), as set forth in
the following table:









Reference Asset
Bloomberg Ticker
Initial Value
Call Value
Barrier Value




PEG
PEG UN <Equity>
$48.71
$48.71
$29.23



ED
ED UN <Equity>
$71.44
$71.44
$42.86



SO
SO UN <Equity>
$53.61
$53.61
$32.17



D
D UN <Equity>
$81.72
$81.72
$49.03








Each of the securities set forth above are referred to herein as a "Reference Asset" and, collectively, as the "Reference Assets."
Automatic Call:
The Notes cannot be redeemed for the first six months after the Issue Date. If, on any Call Valuation Date, the Closing Value of
each Reference Asset is greater than or equal to its Call Value, the Notes will be automatically redeemed for a cash payment per
$1,000 principal amount Note equal to the Redemption Price payable on the Call Settlement Date. No further amounts will be
payable on the Notes after the Call Settlement Date.
Payment at Maturity:
If the Notes are not redeemed prior to scheduled maturity, and if you hold the Notes to maturity, you will receive on the Maturity
Date a cash payment per $1,000 principal amount Note that you hold (in each case, in addition to the final Coupon Payment)
determined as follows:
If the Final Value of the Least Performing Reference Asset is greater than or equal to its Barrier Value, you will receive
a payment of $1,000 per $1,000 principal amount Note
If (a) the Final Value of the Least Performing Reference Asset is less than its Barrier Value and (b) we have not elected
to exercise our physical settlement option, you will receive an amount per $1,000 principal amount Note calculated as
follows:
$1,000 + [$1,000 × Reference Asset Return of the Least Performing Reference Asset]
If (a) the Final Value of the Least Performing Reference Asset is less than the Initial Value and (b) we have elected to
exercise our physical settlement option, you will receive, per $1,000 principal amount Note, (i) an amount of shares of the
Reference Asset equal to the Physical Delivery Amount and (ii) a cash payment equal to the Fractional Share Amount
times the Final Value of the Reference Asset
If the Notes are not redeemed prior to scheduled maturity, and if the Final Value of the Least Performing Reference Asset is less
than its Barrier Value, your Notes will be fully exposed to the decline of the Least Performing Reference Asset from its Initial
Value. In such an event, if we elect to exercise our physical settlement option, the market value of the shares that you receive may
be less than the amount of cash that you would have received had we not elected to exercise such option. You may lose up to
100.00% of the principal amount of your Notes at maturity.
Any payment on the Notes, 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 (as described on page PS­2 of this
pricing supplement) by the relevant U.K. resolution authority. If Barclays Bank PLC were to default on its payment obligations or
become subject to the exercise of any U.K. Bail-in Power (or any other resolution measure) by the relevant U.K. resolution
authority, you might not receive any amounts owed to you under the Notes. See "Consent to U.K. Bail-in Power" and "Selected
Risk Considerations" in this pricing supplement and "Risk Factors" in the accompanying prospectus supplement for more
information.
Consent to U.K. Bail-in Power:
Notwithstanding any other agreements, arrangements or understandings between Barclays Bank PLC and any holder or beneficial
owner of the Notes, by acquiring the Notes, each holder and beneficial owner of the Notes acknowledges, 5472accepts, 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 PS­2 of this pricing supplement.

[Terms of the Notes Continue on the Next Page]




Initial Issue Price(1)(2)
Price to Public
Agent's Commission(3)
Proceeds to Barclays Bank PLC







Per Note
$1,000
100%
4.00%
96.00%





Total
$3,369,000
$3,369,000
$134,760
$3,234,240


(1) Because dealers who purchase the Notes for sale to certain fee-based advisory accounts may forgo some or all selling concessions, fees or commissions, the public
offering price for investors purchasing the Notes in such fee-based advisory accounts may be between $960.00 and $1,000 per Note. Investors that hold their Notes
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in fee-based advisory or trust accounts may be charged fees by the investment advisor or manager of such account based on the amount of assets held in those
accounts, including the Notes.

(2) Our estimated value of the Notes on the Initial Valuation Date, based on our internal pricing models, is $929.10 per Note. 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 PS­3 of this pricing supplement.

(3) Barclays Capital Inc. will receive commissions from the Issuer of $40.00 per $1,000 principal amount Note. Barclays Capital Inc. will use these commissions to pay
selling concessions or fees (including custodial or clearing fees) to other dealers.

Investing in the Notes involves a number of risks. See "Risk Factors" beginning on page S­7 of the prospectus supplement and "Selected Risk Considerations"
beginning on page PS­9 of this pricing supplement.

We may use this pricing supplement in the initial sale of Notes. In addition, Barclays Capital Inc. or another of our affiliates may use this pricing supplement in
market resale transactions in any Notes after their initial sale. Unless we or our agent informs you otherwise in the confirmation of sale, this pricing supplement
is being used in a market resale transaction.

The Notes will not be listed on any U.S. securities exchange or quotation system. Neither the U.S. Securities and Exchange Commission (the "SEC") nor any
state securities commission has approved or disapproved of these Notes or determined that this pricing supplement is truthful or complete. Any representation to
the contrary is a criminal offense.

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.

Terms of the Notes, Continued

Coupon Payments:
$8.333 per $1,000 principal amount Note, which is 0.8333% of the principal amount per Note, (based on 10.00% per annum rate),
payable on each Coupon Payment Date
Coupon Reference Dates:*
The 19th calendar day of each month during the term of the Notes, beginning in July 2020; provided that the final Coupon Reference
Date will be the Final Valuation Date
Coupon Payment Dates:*
With respect to any Coupon Reference Date, the fifth business day after such Coupon Reference Date, provided that the Coupon
Payment Date with respect to the Final Valuation Date will be the Maturity Date **
Call Valuation Dates:*
Each Coupon Reference Date scheduled to occur during the term of the Notes, beginning in December 2020 and ending in and
including May 2023
Call Settlement Date:
The Coupon Payment Date following the Call Valuation Date on which an Automatic Call occurs
Initial Value:
With respect to each Reference Asset, the Closing Value on the Initial Valuation Date, as set forth in the table above
Call Value:
With respect to each Reference Asset, 100.00% of its Initial Value (rounded to two decimal places), as set forth in the table above
Barrier Value:
With respect to each Reference Asset, 60.00% of its Initial Value (rounded to two decimal places), as set forth in the table above
Final Value:
With respect to each Reference Asset, the Closing Value on the Final Valuation Date
Redemption Price:
$1,000 per $1,000 principal amount Note that you hold, plus the Coupon Payment that will otherwise be payable on the Call
Settlement Date
Reference Asset Return:
With respect to each Reference Asset, an amount calculated as follows:
Final Value ­ Initial Value
Initial Value
Least Performing Reference Asset:
The Reference Asset with the lowest Reference Asset Return, as calculated in the manner set forth above.
Closing Value:
The term "Closing Value" means the closing price of one share of any Reference Asset, as further described under "Reference
Assets--Equity Securities--Special Calculation Provisions" in the prospectus supplement, rounded to two decimal places (if
applicable)
Tax Allocation of the Coupon
Deposit Income: 0.84% per annum
Payments:
Put Premium: 9.16% per annum
Applicable Physical Delivery
The Physical Delivery Amount (as described below) applicable to the Least Performing Reference Asset
Amount:
Applicable Fractional Shares
The Fractional Share Amount (as described below) applicable to the Least Performing Reference Asset
Amount:
Physical Delivery Amount and
With respect to each Reference Asset, (a) the Physical Delivery Amount is the number of shares of such Reference Asset equal to
Fractional Share Amount:
$1,000 divided by the Initial Value, rounded down to the nearest whole number and (b) the Fractional Share Amount is equal to the
number of fractional shares resulting from dividing $1,000 by the Initial Value. The Physical Delivery Amount and Fractional Share
Amount for each Reference Asset are set forth in the following table:











Reference Asset
Physical Delivery Amount
Fractional Share Amount



PEG
20 shares
.52967 shares



ED
13 shares
.99776 shares



SO
18 shares
.65324 shares



D
12 shares
.23691 shares


Calculation Agent:
Barclays Bank PLC
CUSIP / ISIN:
06741WHM5 / US06741WHM55

* Subject to postponement, as described under "Additional Terms of the Notes" in this pricing supplement

** If such day is not a Business Day, the Coupon Payment Date will occur on the next following Business Day with the same force and effect as if paid on the
originally scheduled Coupon Payment Date. No interest will accrue as a result of such delayed payment.

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ADDITIONAL DOCUMENTS RELATED TO THE OFFERING OF THE NOTES

You should read this pricing supplement together with the prospectus dated August 1, 2019, as supplemented by the documents listed below,
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 and "Selected Risk Considerations" in this pricing 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.

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

·
Prospectus Addendum dated May 11, 2020:

https://www.sec.gov/Archives/edgar/data/312070/000110465920059376/a20-19169_1424b3.htm

Our SEC file number is 1­10257. As used in this pricing supplement, "we," "us" or "our" refers to Barclays Bank PLC.

PS-1

CONSENT TO U.K. BAIL-IN POWER

Notwithstanding any other agreements, arrangements or understandings between us and any holder or beneficial owner of the Notes, by
acquiring the Notes, each holder and beneficial owner of the Notes 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.

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 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 more information, please see "Selected Risk Considerations--You May Lose Some or All of Your Investment If Any U.K. Bail-in Power Is
Exercised by the Relevant U.K. Resolution Authority" in this pricing supplement as well as "U.K. Bail-in Power," "Risk Factors--Risks Relating
to the Securities Generally--Regulatory action in the event a bank or investment firm in the Group is failing or likely to fail could materially
adversely affect the value of the securities" and "Risk Factors--Risks Relating to the Securities Generally--Under the terms of the securities, you
have agreed to be bound by the exercise of any U.K. Bail-in Power by the relevant U.K. resolution authority" in the accompanying prospectus
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supplement.

PS-2

ADDITIONAL INFORMATION REGARDING OUR ESTIMATED VALUE OF THE NOTES

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 Initial
Valuation Date is based on our internal funding rates. Our estimated value of the Notes may 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 Initial Valuation 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 is a result of 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 (including any structuring or other distribution
related 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 which we may incur in hedging our obligations under the Notes, and estimated development and
other costs which we may incur in connection with the Notes.

Our estimated value on the Initial Valuation 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 Initial Valuation 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 Initial Valuation Date for a temporary period expected to be approximately six
months after the Issue Date 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 which 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 which 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 to read the "Selected Risk Considerations" beginning on page PS­9 of this pricing supplement.

PS-3

SELECTED PURCHASE CONSIDERATIONS

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

· You understand and accept that any positive return on the Notes will be limited to the Coupon Payments.

· You understand and accept that you will not participate in any appreciation of any Reference Asset, which may be significant, and that

your return potential on the Notes is limited to the Coupon Payments.
· You can tolerate a loss of a significant portion or all of the principal amount of your Notes, and you are willing and able to make an

investment that may have the full downside market risk of an investment in the Least Performing Reference Asset.
· You understand and accept that you will not be entitled to receive dividends or distributions that may be paid to holders of any Reference

Asset or any securities to which any Reference Asset provides exposure, nor will you have any voting rights with respect to any
Reference Asset or any securities to which any Reference Asset provides exposure.
· You are willing and able to accept the risks associated with receiving shares of the Least Performing Reference Asset.

· You are willing and able to accept the individual market risk of each Reference Asset and understand that any decline in the value of one

Reference Asset will not be offset or mitigated by a lesser decline or any potential increase in the value of any other Reference Asset.
· You understand and accept the risk that, if the Notes are not redeemed prior to scheduled maturity, the payment at maturity, if any, will be

based solely on the Reference Asset Return of the Least Performing Reference Asset.
· You understand and are willing and able to accept the risks associated with an investment linked to the performance of the Reference

Assets.
· You are willing and able to accept the risk that the Notes may be redeemed prior to scheduled maturity and that you may not be able to

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reinvest your money in an alternative investment with comparable risk and yield.
·
You can tolerate fluctuations in the price of the Notes prior to scheduled maturity that may be similar to or exceed the downside

fluctuations in the values of the Reference Assets.
· You do not seek an investment for which there will be an active secondary market, and you are willing and able to hold the Notes to

maturity if the Notes are not redeemed.
· You are willing and able to assume our credit risk for all payments on the Notes.

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

· You seek an investment that participates in the full appreciation of any or all of the Reference Assets rather than an investment with a

return that is limited to the Coupon Payments paid on the Notes.
· You seek an investment that provides for the full repayment of principal at maturity, and/or you are unwilling or unable to accept the risk

that you may lose some or all of the principal amount of your Notes in the event that the Final Value of the Least Performing Reference
Asset falls below its Barrier Value.
· You are unwilling or unable to accept the risks associated with receiving shares of the Least Performing Reference Asset at maturity.

· You anticipate that the Closing Value of at least one Reference Asset will decline during the term of the Notes such that the Final Value of

at least one Reference Asset will fall below its Barrier Value.
· You are unwilling or unable to accept the individual market risk of each Reference Asset and/or do not understand that any decline in the

value of one Reference Asset will not be offset or mitigated by a lesser decline or any potential increase in the value of any other
Reference Asset.
· You seek an investment the return on which is not limited to the Coupon Payments on the Notes.

· You do not understand and/or are unwilling or unable to accept the risks associated with an investment linked to the performance of the

Reference Assets.
· You seek an investment that entitles you to dividends or distributions on, or voting rights related to, the Reference Assets.

· You seek an investment that entitles you to dividends or distributions on, or voting rights related to any Reference Asset or any securities

to which any Reference Asset provides exposure.
· You are unwilling or unable to accept the risk that the negative performance of only one Reference Asset may cause you to suffer a loss of

principal at maturity, regardless of the performance of any Reference Assets.
· You are unwilling or unable to accept the risk that the Notes may be redeemed prior to scheduled maturity.

· You cannot tolerate fluctuations in the price of the Notes prior to scheduled maturity that may be similar to or exceed the downside

fluctuations in the values of the Reference Assets.
· You seek an investment for which there will be an active secondary market, and/or you are unwilling or unable to hold the Notes to

maturity if the Notes are not redeemed.
· You prefer the lower risk, and therefore accept the potentially lower returns, of fixed income investments with comparable maturities and

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

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


PS-4

You must rely on your own evaluation of the merits of an investment in the Notes. You should reach a decision whether to invest in the Notes
after carefully considering, with your advisors, the suitability of the Notes in light of your investment objectives and the specific information set out
in this pricing supplement and the documents referenced under "Additional Documents Related to the Offering of the Notes" in this pricing
supplement. Neither the Issuer nor Barclays Capital Inc. makes any recommendation as to the suitability of the Notes for investment.

ADDITIONAL TERMS OF THE NOTES

The Coupon Reference Dates, Coupon Payment Dates, any Call Valuation Date, any Call Settlement Dates and the Maturity Date are subject to
postponement in certain circumstances, as described under "Reference Assets--Equity Securities--Market Disruption Events for Securities with
an Equity Security as a Reference Asset," "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" and "Terms of the Notes--Payment Dates" in the accompanying prospectus
supplement.

For the avoidance of doubt, if a Call Valuation Date or Coupon Reference Date is postponed, the Call Settlement Date or the Coupon Payment Date
following such Call Valuation Date or Coupon Reference Date will be postponed by the same number of business day from but excluding the
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originally scheduled Call Valuation Date or Coupon Reference Date to and including the actual Call Valuation Date or Coupon Reference Date. No
interest will accrue as a result of any delayed payment.

In addition, the Reference Assets and the Notes are subject to adjustment by the Calculation Agent under certain circumstances, as described under
"Reference Assets--Equity Securities--Share Adjustments Relating to Securities with an Equity Security as a Reference Asset" in the
accompanying prospectus supplement.

PS-5

HYPOTHETICAL EXAMPLES OF AMOUNTS PAYABLE UPON AN AUTOMATIC CALL

The following examples demonstrate the hypothetical total return upon an Automatic Call. The "total return" as used in these examples is the
number, expressed as a percentage, that results from comparing the aggregate payments per $1,000 principal amount Note to $1,000. The
hypothetical total return set forth below are purely hypothetical and are provided for illustrative purposes only and may not be the actual total
returns applicable to a purchaser of the Notes. The numbers appearing in the following tables and examples have been rounded for ease of
analysis. The hypothetical examples below do not take into account any tax consequences from investing in the Notes.

Example 1: The Notes are redeemed on the first Call Valuation Date.

Payment on Coupon
Is the Closing Value of any Reference
Call Valuation Date
Payment Date (per $1,000
Asset Less Than its Initial Value?
principal amount Note)
1
No
$1,008.333

Because the Closing Value of each Reference Asset on the first Call Valuation Date is greater than or equal to its Call Value, the Notes are
redeemed and you will receive the Redemption Price on the related Call Settlement Date.

The Notes will cease to be outstanding after the Call Settlement Date, and you will not receive any further payments on the Notes.

The total return on investment of the Notes, including the Coupon Payments, is 5.00%.

Example 2: The Notes are redeemed on the third Call Valuation Date.

Payment on Coupon
Is the Closing Value of any Reference
Call Valuation Date
Payment Date (per $1,000
Asset Less Than its Initial Value?
principal amount Note)
1
Yes
$8.333
2
Yes
$8.333
3
Yes
$1,008.333

Because the Closing Value of each Reference Asset on the third Call Valuation Date is greater than or equal to its Call Value, the Notes are
redeemed and you will receive the Redemption Price on the related Call Settlement Date.

The Notes will cease to be outstanding after the Call Settlement Date, and you will not receive any further payments on the Notes.

The total return on investment of the Notes, including the Coupon Payments, is 6.667%.

Example 3: The Notes are redeemed on the final Call Valuation Date.

Payment on Coupon
Is the Closing Value of any Reference
Call Valuation Date
Payment Date (per $1,000
Asset Less Than its Initial Value?
principal amount Note)
1
Yes
$8.333
2-29
Yes
$8.333
30
No
$1,008.333

Because the Closing Value of each Reference Asset on the final Call Valuation Date is greater than or equal to its Call Value, the Notes are
redeemed and you will receive the Redemption Price on the related Call Settlement Date.

The Notes will cease to be outstanding after the Call Settlement Date, and you will not receive any further payments on the Notes.

The total return on investment of the Notes, including the Coupon Payments, is 29.1667%.

Each of the examples demonstrate that the return on the Notes upon an Automatic Call will be limited to the Coupon Payments payable on the
Notes up to and including the applicable Call Settlement Date
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PS-6

HYPOTHETICAL EXAMPLES OF AMOUNTS PAYABLE AT MATURITY

The following examples demonstrate the hypothetical total return upon an Automatic Call under various circumstances. The "total return" as used
in these examples is the number, expressed as a percentage, that results from comparing the aggregate payments per $1,000 principal amount Note
to $1,000. The hypothetical total returns set forth below are purely hypothetical and are provided for illustrative purposes only and may not be the
actual total returns applicable to a purchaser of the Notes. The numbers appearing in the following tables and examples have been rounded for ease
of analysis. The hypothetical examples below do not take into account any tax consequences from investing in the Notes and make the following
key assumptions:


Monthly Coupon Payments: $8.333 per $1,000 principal amount Note, or $300.00 per $1,000 principal amount Note (30.00% of the

principal amount per Note) in the aggregate over the life of the Notes


The Notes are NOT redeemed prior to scheduled maturity.



Hypothetical Initial Value, Coupon Barrier Value, Barrier Value, Physical Delivery Amount and Fractional Share Amount for each

Reference Asset as follows:*

Physical Delivery
Fractional Share
Reference Asset
Initial Value
Coupon Barrier Value
Barrier Value
Amount
Amount
PEG
52.20
31.32
31.32
19 shares
0.15708 shares
ED
76.95
46.17
46.17
12 share
0.99545 shares
SO
59.20
35.52
35.52
16 share
0.89189 shares
D
87.00
52.20
52.20
11 share
0.49425 shares

*
The hypothetical Initial Values shown above are based on the Closing Value of each Reference Asset on June 10, 2020. The hypothetical

Coupon Barrier Values, Barrier Values, Physical Delivery Amounts and Fractional Share Amounts shown in the table above are based on such
hypothetical Initial Values. The actual Initial Value, Coupon Barrier Value, Barrier Value, Physical Delivery Amount and Fractional Share
Amount for each Reference Asset will be determined as set forth on the cover of this pricing supplement.

For information regarding recent values of each Reference Asset, please see "Information Regarding the Reference Assets" in this pricing
supplement.


Final Value

Reference Asset Return



Reference Asset
Total Return
Return of the
on the Notes
Payment at
PEG
ED
SO
D

PEG
ED
SO
D

Least
(Including the
Maturity**
Performing
Coupon
Reference Asset
Payments)
88.74
123.12
118.40
130.50

70.00%
60.00%
100.00%
50.00%

50.00%
$1,000.00
30.00%
78.30
138.51
82.88
134.85

50.00%
80.00%
40.00%
55.00%

40.00%
$1,000.00
30.00%
83.52
115.43
76.96
126.15

60.00%
50.00%
30.00%
45.00%

30.00%
$1,000.00
30.00%
93.96
107.73
88.80
104.40

80.00%
40.00%
50.00%
20.00%

20.00%
$1,000.00
30.00%
104.40
115.43
65.12
130.50

100.00%
50.00%
10.00%
50.00%

10.00%
$1,000.00
30.00%
73.08
119.27
65.12
87.00

40.00%
55.00%
10.00%
0.00%

0.00%
$1,000.00
30.00%
67.86
111.58
53.28
104.40

30.00%
45.00%
-10.00%
20.00%

-10.00%
$1,000.00
30.00%
78.30
92.34
47.36
73.95

50.00%
20.00%
-20.00%
-15.00%

-20.00%
$1,000.00
30.00%
36.54
61.56
65.12
130.50

-30.00%
-20.00%
10.00%
50.00%

-30.00%
$1,000.00
30.00%
67.86
46.17
65.12
87.00

30.00%
-40.00%
10.00%
0.00%

-40.00%
$1,000.00
30.00%
26.10
46.17
53.28
104.40

-50.00%
-40.00%
-10.00%
20.00%

-50.00%
$500.00
-20.00%
78.30
30.78
47.36
73.95

50.00%
-60.00%
-20.00%
-15.00%

-60.00%
$400.00
-30.00%
15.66
119.27
41.44
69.60

-70.00%
55.00%
-30.00%
-20.00%

-70.00%
$300.00
-40.00%
73.08
15.39
76.96
52.20

40.00%
-80.00%
30.00%
-40.00%

-80.00%
$200.00
-50.00%
5.22
19.24
29.60
52.20

-90.00%
-75.00%
-50.00%
-40.00%

-90.00%
$100.00
-60.00%
67.86
0.00
88.80
34.80

30.00%
-100.00%
50.00%
-60.00%

-100.00%
$0.00
-70.00%

** per $1,000 principal amount Note, excluding the final Coupon Payment on the Notes, and assuming we do not elect to exercise our physical settlement
option. For an example demonstrating the amount of shares and cash that you would receive if we elect to exercise our physical settlement option, please
see Example 4 below.

The following examples illustrate how the payments at maturity set forth in the table above are calculated:

Example 1: The Final Value of PEG is 104.40, the Final Value of ED is 115.43, the Final Value of SO is 65.12 and the Final Value of D is
87.00.

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Because SO has the lowest Reference Asset Return, SO is the Least Performing Reference Asset. Because the Final Value of the Least Performing
Reference Asset is greater than or equal to its Barrier Value, you will receive a payment at maturity of $1,000 per $1,000 principal amount Note
that you hold (plus the final Coupon Payment that will otherwise be payable on the Maturity Date).

The total return on investment of the Notes, including the Coupon Payments, is 30.00%, the maximum possible return on the Notes.

Example 2: The Final Value of PEG is 78.30, the Final Value of ED is 92.34, the Final Value of SO is 47.36 and the Final Value of D is
73.95.

Because SO has the lowest Reference Asset Return, SO is the Least Performing Reference Asset. Because the Final Value of the Least Performing
Reference Asset is greater than or equal to its Barrier Value, you will receive a payment at maturity of $1,000 per $1,000 principal amount Note
that you hold (plus the final Coupon Payment that will otherwise be payable on the Maturity Date).

PS-7

The total return on investment of the Notes, including the Coupon Payments, is 30.00%, the maximum possible return on the Notes.

Example 3: The Final Value of PEG is 78.30, the Final Value of ED is 30.78, the Final Value of SO is 47.36 and the Final Value of D is
73.95.

Because ED has the lowest Reference Asset Return, ED is the Least Performing Reference Asset. Because the Final Value of the Least Performing
Reference Asset is less than its Barrier Value, you will receive a payment at maturity (in addition to the final Coupon Payment that will otherwise
be payable on the Maturity Date) of $400.00 per $1,000 principal amount Note that you hold, calculated as follows:

$1,000 + [$1,000 × Reference Asset Return of the Least Performing Reference Asset]
$1,000 + [$1,000 × -60.00%] = $400.00

The total return on investment of the Notes, including the Coupon Payments, is -30.00%.

Example 4: The Final Value of PEG is 73.08, the Final Value of ED is 15.39, the Final Value of SO is 76.96 and the Final Value of D is
52.20.

Because ED has the lowest Reference Asset Return, ED is the Least Performing Reference Asset. Because the Final Value of the Least Performing
Reference Asset is less than its Barrier Value, if we do not elect to exercise our physical settlement option, you will receive a payment at maturity
(in addition to the final Coupon Payment that will otherwise be payable on the Maturity Date) of $200.00 per $1,000 principal amount Note that
you hold, calculated as follows:

$1,000 + [$1,000 × Reference Asset Return of the Least Performing Reference Asset]
$1,000 + [$1,000 × -80.00%] = $200.00

The total return on investment of the Notes, including the Coupon Payments, is -50.00%.

The Applicable Physical Delivery Amount and the Applicable Fractional Share Amount are 12 share and 0.99545 shares, respectively.
Accordingly, if we do elect to exercise our physical settlement option, you will receive on the Maturity Date a total of 12 shares of the Reference
Asset plus $15.32 in cash. For the avoidance of doubt, if the actual Initial Value of the Reference Asset is greater than $1,000 and we do elect to
exercise our physical settlement option, you will not receive any shares of such Reference Asset, rather you will only receive a cash payment on
the Maturity Date equivalent to the Fractional Share Amount of Reference Asset times its Final Value.

Examples 3 and 4 demonstrate that, if the Notes are not redeemed prior to scheduled maturity, and if the Final Value of the Least Performing
Reference Asset is less than its Barrier Value, your investment in the Notes will be fully exposed to the decline of the Least Performing Reference
Asset from its Initial Value and you will lose some or all of your principal, even if the Reference Asset Return of any other Reference Asset is
greater than 0.00%. You will not benefit in any way from the Reference Asset Return of any other Reference Asset being higher than the Reference
Asset Return of the Least Performing Reference Asset.

If the Notes are not redeemed prior to scheduled maturity, you may lose up to 100.00% of the principal amount of your Notes. Any payment on
the Notes, including the repayment of principal, is subject to the credit risk of Barclays Bank PLC.

PS-8

SELECTED RISK CONSIDERATIONS

An investment in the Notes involves significant risks. Investing in the Notes is not equivalent to investing directly in the Reference Assets or their
components, if any. 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
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unless you understand and can bear the risks of investing in the Notes.

·
Your Investment in the Notes May Result in a Significant Loss--The Notes differ from ordinary debt securities in that the Issuer will not

necessarily repay the full principal amount of the Notes at maturity. If the Notes are not redeemed prior to scheduled maturity, and if the Final
Value of the Least Performing Reference Asset is less than its Barrier Value, your Notes will be fully exposed to the decline of the Least
Performing Reference Asset from its Initial Value. You may lose up to 100.00% of the principal amount of your Notes.

·
The Notes Are Subject to Risks Associated with our Physical Settlement Option--As described on the cover of this pricing supplement,

you may under certain circumstances receive shares of the Least Performing Reference Asset at maturity. If we exercise our physical
settlement option, the market value of the shares that you receive may be less than the amount of the cash payment that you would have
received had we not exercised such option because of fluctuations in the value of the Least Performing Reference Asset between the Final
Valuation Date and the Maturity Date.

·
You Are Exposed to the Market Risk of Each Reference Asset--Your return on the Notes is not linked to a basket consisting of the

Reference Assets. Rather, it will be contingent upon the independent performance of each Reference Asset. Unlike an instrument with a return
linked to a basket of underlying assets in which risk is mitigated and diversified among all the components of the basket, you will be exposed
to the risks related to each Reference Asset. Poor performance by any Reference Asset over the term of the Notes may negatively affect your
return and will not be offset or mitigated by any increases or lesser declines in the value of any other Reference Asset. To receive a positive
return on your Notes at maturity, the Final Value of each Reference Asset must be greater than or equal to its Barrier Value. If the Final Value
of any Reference Asset is less than its Barrier Value, you will be exposed to the full decline in the Least Performing Reference Asset from its
Initial Value. Accordingly, your investment is subject to the market risk of each Reference Asset. Any payment on the Notes, including the
repayment of principal, is subject to the credit risk of Barclays Bank PLC.

·
Potential Return Limited to the Coupon Payments on the Notes, and You Will Not Participate in Any Appreciation of the Reference

Assets--The positive return on the Notes is limited to the Coupon Payments. You will not participate in any appreciation in the value of the
Reference Assets, which may be significant. If the Notes are redeemed prior to scheduled maturity, you will not receive more than the
principal amount of your Notes plus the Coupon Payment that will otherwise be payable on the related Call Settlement Date. If the Notes are
not redeemed prior to scheduled maturity and the Final Value of the Least Performing Reference Asset is greater than or equal to its Barrier
Value, you will not receive more than the principal amount of your Notes at maturity (plus the Coupon Payment that will be payable in
respect of the Final Valuation Date), even if one or more of the Reference Assets have appreciated over the term of the Notes.

·
The Notes Are Subject to Volatility Risk--Volatility is a measure of the degree of variation in the price of an asset (or level of an index)

over a period of time. The Coupon Payment amount is based on a number of factors, including the expected volatility of the Reference Assets.
The Coupon Payment amount will be paid at a per annum rate that is higher than the fixed rate that we would pay on a conventional debt
security of the same tenor and is higher than it otherwise would have been had the expected volatility of the Reference Assets been lower. As
volatility of a Reference Asset increases, there will typically be a greater likelihood that the Final Value of that Reference Asset will be less
than its Barrier Value.

Accordingly, you should understand that a higher Coupon Payment amount reflects, among other things, an indication of a greater likelihood
that you will incur a loss of principal at maturity than would have been the case had the Coupon Payment amount been lower. In addition,
actual volatility over the term of the Notes may be significantly higher than expected volatility at the time the terms of the Notes were
determined. If actual volatility is higher than expected, you will face an even greater risk that you will lose some or all of your principal at
maturity for the reasons described above.

·
Early Redemption and Reinvestment Risk --While the original term of the Notes is as indicated on the cover of this pricing supplement, the

Notes may be redeemed prior to maturity, as described above, and the holding period over which you may receive Coupon Payments could be
as short as approximately six months.

The Redemption Price that you receive on an Call Settlement Date, together with any Coupon Payments that you will have received on prior
Coupon Payment Dates, may be less than the aggregate amount of payments that you would have received had the Notes not been redeemed.
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 redeemed prior to the Maturity Date. No additional payments will be due after the relevant Call
Settlement Date. The fact that the Notes may be redeemed prior to maturity may also adversely impact your ability to sell your Notes and the
price at which they may be sold.

PS-9

·
If the Notes Are Not Redeemed Prior to Scheduled Maturity, the Payment at Maturity, If Any, is Based Solely on the Closing Value of

the Least Performing Reference Asset on the Final Valuation Date--If the Notes are not redeemed prior to scheduled maturity, the Final
Value of a Reference Asset will be based solely on its Closing Value on the Final Valuation Date, and your payment at maturity, if any, will
be determined based solely on the performance of the Least Performing Reference Asset from the Initial Valuation Date to the Final Valuation
Date. Accordingly, if the value of the Least Performing Reference Asset drops on the Final Valuation Date, the payment at maturity on the
Notes, if any, may be significantly less than it would have been had it been linked to the value of the Reference Asset at any time prior to such
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drop.

If the Final Value of the Least Performing Reference Asset is less than its Barrier Value, you will lose some or all of the principal amount of
your Notes. Your losses will not be offset in any way by virtue of the Reference Asset Return of any other Reference Asset being higher than
the Reference Asset Return of the Least Performing Reference Asset.

·
Credit of Issuer--The Notes are unsecured and unsubordinated debt obligations of the Issuer, Barclays Bank PLC, and are not, either directly

or indirectly, an obligation of any third party. Any payment to be made on the Notes, including any repayment of principal, is subject to the
ability of Barclays Bank PLC to satisfy its obligations as they come due and is not guaranteed by any third party. As a result, the actual and
perceived creditworthiness of Barclays Bank PLC may affect the market value of the Notes, and in the event Barclays Bank PLC were to
default on its obligations, you may not receive any amounts owed to you under the terms of the Notes.

·
You May Lose Some or All of Your Investment If Any U.K. Bail-in Power Is Exercised by the Relevant U.K. Resolution Authority

--Notwithstanding any other agreements, arrangements or understandings between Barclays Bank PLC and any holder or beneficial owner of
the Notes, by acquiring the Notes, each holder and beneficial owner of the Notes 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 as set forth under "Consent to U.K. Bail-in Power" in this
pricing supplement. Accordingly, any U.K. Bail-in Power may be exercised in such a manner as to result in you and other holders and
beneficial owners of the Notes losing all or a part of the value of your investment in the Notes or receiving a different security from the Notes,
which may be worth significantly less than the Notes and which may have significantly fewer protections than those typically afforded to debt
securities. Moreover, the relevant U.K. resolution authority may exercise the U.K. Bail-in Power without providing any advance notice to, or
requiring the consent of, the holders and the beneficial owners of the Notes. The exercise of any U.K. Bail-in Power by the relevant U.K.
resolution authority with respect to the Notes will not be a default or an Event of Default (as each term is defined in the senior debt securities
indenture) and the trustee will not be liable for any action that the trustee takes, or abstains from taking, in either case, in accordance with the
exercise of the U.K. Bail-in Power by the relevant U.K. resolution authority with respect to the Notes. See "Consent to U.K. Bail-in Power" in
this pricing supplement as well as "U.K. Bail-in Power," "Risk Factors--Risks Relating to the Securities Generally--Regulatory action in the
event a bank or investment firm in the Group is failing or likely to fail could materially adversely affect the value of the securities" and "Risk
Factors--Risks Relating to the Securities Generally--Under the terms of the securities, you have agreed to be bound by the exercise of any
U.K. Bail-in Power by the relevant U.K. resolution authority" in the accompanying prospectus supplement.

·
Contingent Repayment of Any Principal Amount Applies Only at Maturity or upon Any Redemption--You should be willing to hold

your Notes to maturity or any redemption. Although the Notes provide for the contingent repayment of the principal amount of your Notes at
maturity, provided that the Final Value of the Least Performing Reference Asset is greater than or equal to its Barrier Value, or upon any
redemption, if you sell your Notes prior to such time in the secondary market, if any, you may have to sell your Notes at a price that is less
than the principal amount even if at that time the value of each Reference Asset has increased from its Initial Value. See "Many Economic and
Market Factors Will Impact the Value of the Notes" below.

·
Owning the Notes is Not the Same as Owning Any Reference Asset or Any Securities to which Any Reference Asset Provides

Exposure--The return on the Notes may not reflect the return you would realize if you actually owned any Reference Asset or any securities
to which any Reference Asset provides exposure. As a holder of the Notes, you will not have voting rights or rights to receive dividends or
other distributions or any other rights that holders of any Reference Asset or any securities to which any Reference Asset provides exposure
may have.

·
Historical Performance of the Reference Assets Should Not Be Taken as Any Indication of the Future Performance of the Reference

Assets Over the Term of the Notes--The value of each Reference Asset has fluctuated in the past and may, in the future, experience
significant fluctuations. The historical performance of a Reference Asset is not an indication of the future performance of that Reference Asset
over the term of the Notes. The historical correlation among the Reference Assets is not an indication of the future correlation among them
over the term of the Notes. Therefore, the performance of the Reference Assets individually or in comparison to each other over the term of the
Notes may bear no relation or resemblance to the historical performance of any Reference Asset.

·
Single Equity Risk--The value of each Reference Asset can rise or fall sharply due to factors specific to the relevant Reference Asset and its

issuer, such as stock price volatility, earnings, financial conditions, corporate, industry and regulatory developments, management changes and
decisions and other events, as well as general market factors, such as general stock market volatility and levels, interest rates and economic
and political conditions. We urge you to review financial and other information filed periodically with the SEC by the issuer of each Reference
Asset. We have not undertaken any independent review or due diligence of any Reference Asset issuer's SEC filings or of any other publicly
available information regarding any such issuer.

PS-10

·
Anti-Dilution Protection Is Limited, and the Calculation Agent Has Discretion to Make Anti-Dilution Adjustments--The Calculation

Agent may in its sole discretion make adjustments affecting the amounts payable on the Notes upon the occurrence of certain corporate events
(such as stock splits or extraordinary or special dividends) that the Calculation Agent determines have a diluting or concentrative effect on the
theoretical value of any Reference Asset. However, the Calculation Agent might not make such adjustments in response to all events that
could affect any Reference Asset. The occurrence of any such event and any adjustment made by the Calculation Agent (or a determination by
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Document Outline