Obligation Barclay's 0% ( FR0013406519 ) en EUR

Barclay's

100 % ▼

Royaume-Uni

FR0013406519 ( en EUR )

23/08/2027

Prospectus brochure de l'obligation Barclays FR0013406519 en EUR 0%, échéance 23/08/2027

100 EUR

150 000 000 EUR

Barclays est une banque internationale offrant une large gamme de services financiers aux particuliers, entreprises et institutions, incluant la banque de détail, l'investissement, la gestion d'actifs et les cartes de crédit.

L'Obligation émise par Barclay's ( Royaume-Uni ) , en EUR, avec le code ISIN FR0013406519, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 23/08/2027

BARCLAYS BANK PLC

(Incorporated with limited liability in England and Wales)

EUR 150,000,000 Securities due August 2027 under the Global Structured Securities Programme

(the "Securities")

Issue Price: 100 per cent
What is this document?
This document (the "Prospectus"), which has been published on the website of the Luxembourg Stock
Exchange (www.bourse.lu), constitutes a prospectus for the purposes of Article 5.3 of Directive 2003/71/EC as
amended including by Directive 2010/73/EU (the "Prospectus Directive") relating to the Securities. This
Prospectus, including the information incorporated by reference into it, is intended to provide investors with
information necessary to enable them to make an informed investment decision before purchasing the Securities.
Who is the Issuer?
The Securities are issued by Barclays Bank PLC (the "Issuer"). The payment of any amounts due under the
Securities is subject to the Issuer's financial position and its ability to meet its obligations. This Prospectus,
including the Registration Document (as defined in 'Information Incorporated by Reference' below) and other
information incorporated by reference into this Prospectus, contains information describing the Issuer's business
activities as well as certain financial information and material risks faced by the Issuer.
What are the Securities?
The Securities are in the form of Notes and are issued by the Issuer under its Global Structured Securities
Programme (the "Programme"). The terms and conditions of the Securities will comprise:
· the Terms and Conditions of the Securities (the "General Conditions") as incorporated in relevant part
by reference from the Base Prospectus (as defined in 'Information Incorporated by Reference' below);
and
· the specific terms of the Securities (the "Specific Terms"), which amend, supplement and complete the
General Conditions, as set out in 'Specific Terms' below.
What underlying asset is the Securities linked to?
The return on the Securities depends on the performance of the MSCI Europe Countries ESG Select 50 Points
Decrement Index (the "Underlying Asset").
What information is incorporated by reference?
The Prospectus incorporates by reference certain information from the Base Prospectus, the Registration
Document and other documents. See the section entitled 'Information Incorporated by Reference' below. You
should read this document together with such information incorporated by reference. Documents will be made
available at the registered office of the Issuer and at https://www.home.barclays/prospectuses-and-
documentation/structured-securities/prospectuses.html
and
https://www.home.barclays/barclays-investor-
relations/results-andreports/results.html (as applicable) or any successor thereto and these documents will also be
published on the website of the Luxembourg Stock Exchange (www.bourse.lu).

What are the principal risks?
Your investment in the Securities depends on the ability of the Issuer to meet its payment obligations
under the Securities. Further, depending on the performance of the Underlying Asset, you could lose
some or all of your investment. Before purchasing the Securities, you should consider in particular the
information described in 'Risk Factors' below, together with the other information in this Prospectus.
18 July 2019

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.
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 THE SECURITIES INVOLVES CERTAIN RISKS, AND YOU SHOULD FULLY
UNDERSTAND THESE BEFORE YOU INVEST. SEE 'RISK FACTORS' BELOW.
Responsibility
The Issuer accepts responsibility for the information contained in this Prospectus. 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
Prospectus is in accordance with the facts and contains no omission likely to affect the import of such
information.
Regulatory approval for the purposes of the EU Prospectus Directive
This Prospectus has been approved by the United Kingdom Financial Conduct Authority (the "FCA") in its
capacity as the United Kingdom competent authority for the purposes of the Prospectus Directive and relevant
implementing measures in the United Kingdom.
The Issuer has requested the FCA to provide the competent authority in Luxembourg for the purposes of the
Prospectus Directive with a certificate of approval in accordance with Article 18 of the Prospectus Directive
attesting that this document has been drawn up in accordance with the Prospectus Directive.
Listing and Admission to Trading
Application has also been made to the Luxembourg Stock Exchange for the Security issued to be listed on the
Official List of the Luxembourg Stock Exchange and admitted to trading on the regulated market of the
Luxembourg Stock Exchange, a regulated market for the purposes of Directive 2014/65/EC (the "Markets in
Financial Instruments Directive"). This Prospectus constitutes a prospectus for the purposes of Section 87 of
the Financial Services and Markets Act 2000. This Prospectus will be published on the website of the
Luxembourg Stock Exchange (www.bourse.lu).
Administrator status under Benchmark Regulation
Amounts payable under the Securities are calculated by reference to the MSCI Europe Countries ESG Select 50
Points Decrement Index, which is provided by MSCI Limited (the "Administrator"). As at the date of this
Prospectus, the Administrator appears 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 (Regulation (EU) 2016/1011) (the "BMR").
The registration status of any administrator under the BMR is a matter of public record and, save where required
by applicable law, the Issuer does not intend to update the Prospectus to reflect any change in the registration
status of the administrator.
No compensation arrangements
Any failure by the Issuer to make payments or deliveries 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 the section of the Registration Document headed 'Risk Factors' (which is incorporated by reference into this
Prospectus) and Risk Factors below.

3

Important Information
No investment advice
The Prospectus is not and does not purport to be investment advice. Unless expressly agreed otherwise with a
particular investor, neither the Issuer nor the Manager is acting as an investment adviser, providing advice of
any other nature, or assuming any fiduciary obligation to any investor in the Securities.
Independent evaluation
Nothing set out or referred to in, or incorporated by reference into, this Prospectus is intended to provide the
basis of any credit or other evaluation (except in respect of any purchase of the Securities described herein) or
should be considered as a recommendation by the Issuer or the Manager that any recipient of this Prospectus (or
any document referred to herein) should purchase the 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 of this Prospectus headed 'Risk Factors',
together with the information in this Prospectus (including any information incorporated by reference) before
investing in the Securities.
Investors should note that (i) the risks described in the section headed 'Risk Factors' of this Prospectus and (ii)
the risks described in the section headed 'Risk Factors' of the Registration Document (which is incorporated by
reference into this 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 the Underlying
Asset), 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 in or incorporated by reference into this Prospectus.
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. See the section of
the Base Prospectus headed 'Taxation' (which is incorporated by reference into this Prospectus) and Risk
Factor 14 below.
Potential for discretionary determinations by the Determination Agent and the Issuer under the
Securities
Under the terms and conditions of the Securities, following the occurrence of certain events relating to the
Issuer, the Issuer's hedging arrangements, the Underlying Asset, 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 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, the section of this Prospectus
headed 'Risk Factors' below.
Distribution
The distribution or delivery of this Prospectus in certain jurisdictions may be restricted by law. This document

4

Important Information
does not constitute, and may not be used for the purposes of, an offer or solicitation by anyone in any
jurisdiction (other than as expressly described in this Prospectus). This Prospectus is prepared for the purpose of
facilitating the listing, and admission to trading, of securities that are already in issue. No new offering of
securities is described in this Prospectus. No action is being taken to permit an offering of the Securities or the
delivery of this Prospectus in any jurisdiction. Persons into whose possession this Prospectus 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 of the Base Prospectus headed 'Purchase and Sale' (which is
incorporated by reference into this Prospectus).
Prohibition of Sale to EEA retail investors
The Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold
or otherwise made available to any retail investor in the European Economic Area ("EEA Retail Investor"). For
these purposes, an EEA Retail Investor means a person in the European Economic Area who is one (or more)
of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended from time to
time, "MiFID"); (ii) a customer within the meaning of the Insurance Mediation Directive (Directive 2002/92/EC
(as amended from time to time)) ("IMD"), where that customer would not qualify as a professional client as
defined in point (10) of Article 4(1) of MiFID; or (iii) not a qualified investor as defined in the Prospectus
Directive. Consequently no key information document required by Regulation (EU) No 1286/2014 (the "PRIIPs
Regulation") for offering or selling the Securities or otherwise making them available to EEA Retail Investors
has been prepared and therefore offering or selling the Securities or otherwise making them available to any
EEA Retail Investor may be unlawful under the PRIIPs Regulation.
United States 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. Trading in the Securities has not been approved by the US Commodities Futures Trading Commission
under the US Commodity Exchange Act of 1936 (the "Commodity Exchange Act"). The Securities may not be
offered and sold within the United States, or to or for the 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 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, the Securities may not be offered, sold or delivered within the United States or its possessions or to,
or for the account or benefit of, United States persons (as defined in 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 the Securities and
delivery of this Prospectus, see the section of the Base Prospectus headed 'Purchase and Sale' (which is
incorporated by reference into this Prospectus).
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
THE 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, THE SECURITIES AND
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

5

Important Information
SECURITIES BOTH CURRENTLY AND IN THE FUTURE.
Change of circumstances
Neither the delivery of this Prospectus or any other information incorporated by reference in the Prospectus, nor
any sale of Securities, shall create any impression that information in such documents relating to the Issuer is
correct at any time subsequent to the date of the Prospectus or that any other information supplied in connection
with the Securities or the Programme is correct as of any time subsequent to the date of the relevant document
containing the same (the foregoing being without prejudice to the Issuer's obligations under applicable rules and
regulations).
Representations
In connection with the listing and admission to trading of the Securities, no person has been authorised to give
any information or to make any representation not contained in or consistent with the Prospectus 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 Prospectus. This document does
not constitute, and may not be used for the purposes of, an offer or solicitation by anyone in any jurisdiction and
no action is being taken to permit an offering of the Securities or the distribution of this Prospectus in any
jurisdiction.
Calculations and determinations
Unless otherwise specified, all calculations and determinations in respect of the Securities shall be made by
Barclays Bank PLC (acting in such capacity, the "Determination Agent").

6

Table of Contents
TABLE OF CONTENTS

Page
SUMMARY ....................................................................................................................................................................... 8
This section provides for a summary of the key information contained within this Prospectus.
RISK FACTORS .............................................................................................................................................................. 25
This section sets out the principal risks inherent in investing in the Securities, including key risks in respect of
equity indices.
INFORMATION INCORPORATED BY REFERENCE ................................................................................................ 45
This section incorporates selected financial information regarding the Issuer from other publicly available
documents.
HOW THE RETURN ON YOUR INVESTMENT IS CALCULATED .......................................................................... 49
This sections sets out worked examples of how the interest and redemption amounts are calculated under a
variety of scenarios.
SPECIFIC TERMS ........................................................................................................................................................... 52
This sections set out the specific terms and conditions in respect of the Securities.
IMPORTANT LEGAL INFORMATION ........................................................................................................................ 62
This section provides important legal information in respect of the Securities.
GENERAL INFORMATION ........................................................................................................................................... 63
This section provides certain additional information in respect of the Securities.

7

Summary

SUMMARY
Summaries are made up of disclosure requirements known as 'elements'. These elements are numbered in
Sections A E (A.1 E.7).
This summary (the "Summary") contains all the elements required to be included in a summary for these types
of securities and issuer. Because some elements are not required to be addressed, there may be gaps in the
numbering sequence of the elements.

Section A Introduction and warnings
A.1
Introduction and
This Summary should be read as an introduction to this Prospectus. Any
warnings
decision to invest in Securities should be based on consideration of this
Prospectus as a whole, including any information incorporated by reference.
Where a claim relating to the information contained in this Prospectus is
brought before a court, the plaintiff might, under the national legislation of the
relevant Member State of the European Economic Area, have to bear the costs
of translating this Prospectus before the legal proceedings are initiated.
No civil liability shall attach to any responsible person solely on the basis of
this Summary, including any translation thereof, unless it is misleading,
inaccurate or inconsistent when read together with the other parts of this
Prospectus or it does not provide, when read together with the other parts of
this Prospectus, key information in order to aid investors when considering
whether to invest in the Securities.
A.2
Consent by the
Not Applicable: the Issuer does not consent to the use of this Prospectus for
Issuer to the use of
subsequent resales.
prospectus in
subsequent resale
or final placement
of Securities
Section B - Issuer
B.1
Legal and
The Securities are issued by Barclays Bank PLC (the "Issuer").
commercial name
of the Issuer
B.2
Domicile and legal
The Issuer is a public limited company registered in England and Wales.
form of the Issuer,
legislation under
The principal laws and legislation under which the Issuer operates are laws of
which the Issuer
England and Wales including the Companies Act.
operates and
country of
incorporation of
the Issuer
B.4b
Known trends
The business and earnings of the Issuer and its subsidiary undertakings
affecting the Issuer
(together, the "Bank Group" or "Barclays") can be affected by the fiscal or
and industries in
other policies and other actions of various governmental and regulatory
which the Issuer
authorities in the UK, EU, US and elsewhere, which are all subject to change,
operates
as a result, regulatory risk will remain a focus. A more intensive regulatory
approach and enhanced requirements together with the uncertainty (particularly

8

Summary

in light of the UK's withdrawal from the EU) and potential lack of international
regulatory coordination as enhanced supervisory standards are developed and
implemented may adversely affect the Bank Group's business, capital and risk
management strategies and/or may result in the Bank Group deciding to modify
its legal entity, capital and funding structures and business mix, or to exit
certain business activities altogether or not to expand in areas despite otherwise
attractive potential.
Following the transfer of the assets and liabilities of the Barclays UK division
from the Bank Group to Barclays Bank UK PLC and its subsidiary
undertakings (together, the "Barclays Bank UK Group"), the Bank Group
becomes less diversified than it used to be. The Bank Group no longer has
recourse to the assets of the Barclays Bank UK Group. Further, relative to its
parent group, the Bank Group is more focused on businesses outside the UK,
more focused on wholesale businesses, more dependent on wholesale funding
sources and potentially subject to different regulatory obligations.
There are several other significant pieces of legislation and areas of focus
which will require significant management attention, cost and resource,
including:
· Changes in prudential requirements, including the risk reduction measures
package recently adopted in the EU to amend the Capital Requirements
Directive (CRD IV) and the Bank Recovery and Resolution Directive
(BRRD) which may impact minimum requirements for own funds and
eligible liabilities (MREL), leverage, liquidity or funding requirements,
applicable buffers and/or add-ons to such minimum requirements and risk
weighted assets calculation methodologies all as may be set by
international, EU or national authorities.
· The derivatives market has been the subject of particular focus for
regulators in recent years across the G20 countries and beyond, with
regulations introduced which require the reporting and clearing of
standardised over the counter ("OTC") derivatives and the mandatory
margining of non-cleared OTC derivatives. Other regulations applicable to
swap dealers, including those promulgated by the US Commodity Futures
Trading Commission, have imposed significant costs on the Bank Group's
derivatives business.
· The recast Markets in Financial Instruments Directive in Europe (MiFID
II), which came into force in January 2018, has fundamentally changed the
European regulatory framework entailing significant operational changes
for market participants in a wide range of financial instruments as well as
changes in market structures and practices.
· By virtue of the EU Benchmarks Regulation, after 1 January 2020, certain
Bank Group entities will not be permitted to use benchmarks unless the
relevant administrator is authorised, registered or qualifies under a third-
party regime. This may necessitate adapting processes and systems to
transition to new alternative benchmarks, which would be a very time
consuming and costly process.
· Separately, the transition to risk-free rates as part of a wider benchmark
reform is also expected to be impactful to the Bank Group in respect of the
timing of the development of a robust risk free rate market, an
unfavourable market reaction and/or inconsistencies in the adoption of
products using the new risk free rates, and also in respect of the costs and

9

Summary

uncertainties involved in managing and/or changing historical products to
reference risk free rates as a result of the proposed discontinuation of
certain existing benchmarks.
· The Bank Group and certain of its members are subject to supervisory
stress testing exercises in a number of jurisdictions. These exercises
currently include the programmes of the Bank of England, the European
Banking Authority, the Federal Deposit Insurance Corporation and the
Federal Reserve Board. Failure to meet requirements of regulatory stress
tests, or the failure by regulators to approve the stress test results and
capital plans of the Bank Group, could result in the Bank Group being
required to enhance its capital position, limit capital distributions or
position additional capital in specific subsidiaries.
· The introduction and implementation of Payments Service Directive 2
("PSD2") with delivery across 2019 provides third parties and banks with
opportunities to change and enhance the relationship between a customer
and their bank. PSD2 will also introduce new requirements to the
authentication process for a number of actions customers take, including
ecommerce transactions. A failure to comply with PSD2 could expose the
Bank Group to regulatory sanction. The changes to authentication may
change the fraud environment across the industry as providers implement
different approaches to comply.
B.5
Description of the
The Bank Group is a major global financial services provider.
group and the
Issuer's position
The Issuer is a wholly owned direct subsidiary of Barclays PLC, which is the
within the group
ultimate holding company of the Bank Group.
B.9
Profit forecast or
Not Applicable: the Issuer has chosen not to include a profit forecast or
estimate
estimate.
B.10
Nature of any
Not Applicable: the audit report on the historical financial information contains
qualifications in
no such qualifications.
audit report on
historical financial
information
B.12
Selected key
Based on the Bank Group's audited financial information for the year ended 31
financial
December 2018, the Bank Group had total assets of £877,700 million (2017:
information; no
£1,129,343 million), total net loans and advances of £136,959 million (2017:
material adverse
£324,590 million), total deposits of £199,337 million (2017: £399,189 million),
change and
and total equity of £47,711 million (2017: £65,734 million) (including non-
significant change
controlling interests of £2 million (2017: £1 million)). The profit before tax of
statements
the Bank Group for the year ended 31 December 2018 was £1,286 million
(2017: £1,758 million) after credit impairment charges and other provisions of
£643 million (2017: £1,553 million). The financial information in this
paragraph is extracted from the audited consolidated financial statements of the
Issuer for the year ended 31 December 2018.
Not applicable: There has been no significant change in the financial or trading
position of the Bank Group since 31 December 2018.
There has been no material adverse change in the prospects of the Issuer since
31 December 2018.
B.13
Recent events
Not Applicable: there have been no recent events particular to the Issuer which

10