Barclays PLC — Capital/Financing Update 2018

May 30, 2018

BARCLAYS BANK PLC

(Incorporated with limited liability in England and Wales)

EUR 4,000,000 Floating Rate Securities due May 2030 pursuant to the Global Structured Securities Programme (the Tranche 1 Securities) Issue Price: 100 per cent.

This document constitutes the final terms of the Securities (the "Final Terms") described herein for the purposes of Article 5.4 of the Prospectus Directive and is prepared in connection with the Global Structured Securities Programme established by Barclays Bank PLC (the "Issuer"). These Final Terms are supplemental to and should be read in conjunction with the GSSP Base Prospectus 1 dated 29 August 2017, as supplemented on 21 November 2017 and 2 May 2018 (the "Base Prospectus"), which constitutes a base prospectus for the purposes of the Prospectus Directive. Full information on the Issuer and the offer of the Securities is only available on the basis of the combination of these Final Terms and the Base Prospectus. A summary of the individual issue of the Securities is annexed to these Final Terms.

The Base Prospectus, and any supplements thereto, are available for viewing at https://www.home.barclays/prospectuses-and-documentation/structured-securities/prospectuses.html and during normal business hours at the registered office of the Issuer and the specified office of the Issue and Paying Agent for the time being in London, and copies may be obtained from such office. Words and expressions defined in the Base Prospectus and not defined in the Final Terms shall bear the same meanings when used herein.

PROHIBITION OF SALES 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 who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU ("MiFID II"); (ii) a customer within the meaning of the Insurance Mediation Directive (Directive 2002/92/EC (as amended)) ("IMD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as amended, 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.

BARCLAYS

Final Terms dated 31 May 2018

Part A – CONTRACTUAL TERMS

1.	a. Series number:	NX000214393
	b. Tranche number:	1
2.	Settlement Currency:	Euro ("EUR")
3.	Exchange Rate:	Not Applicable
4.	Securities:
	a. Aggregate Nominal Amount as at the Issue Date:
	(i) Tranche:	EUR 4,000,000
	(ii) Series:	EUR 4,000,000
	b. Specified Denomination:	EUR 1,000
	c. Minimum Tradable Amount:	Not Applicable
5.	Issue Price:	100 per cent. of the Aggregate Nominal Amount
6.	Issue Date:	31 May 2018
7.	Interest Commencement Date:	Issue Date
8.	Scheduled Redemption Date:	31 May 2030
9.	Calculation Amount:	Specified Denomination
	Provisions relating to interest (if any) payable
10.	Type of Interest:	Floating Rate Interest
	a. Interest Payment Date(s):	31 May in each year, subject to adjustment in accordance with the Business Day Convention
	b. Interest Period End Date(s):	31 May in each year, without adjustment in accordance with the Business Day Convention
11.	Switch Option:	Not Applicable
12.	Fixing Date – Interest:	Not Applicable
13.	Fixing Time – Interest:	Not Applicable
14.	Fixed Rate Interest provisions:	Not Applicable
15.	Floating Rate Interest provisions:	Applicable
	a. Floating Interest Rate Determination:	Applicable
	- Reference Rate:	EUR-EURIBOR
	- Designated Maturity:	12 Months

	- Offered Quotation:	Applicable
	- Arithmetic Mean:	Not Applicable
	- Interest Determination Date:	As set out in General Conditions 6.8 (Determination of a Floating Rate)
	- Relevant Screen Page:	Reuters Screen EURIBOR01 Page
	- Relevant Time:	11a.m. Brussels Time
	b. CMS Rate Determination:	Not Applicable
	c. Cap Rate:	2.75% per annum
	d. Curve Cap:	Not Applicable
	e. Floor Rate:	1.20% per annum
	f. Participation:	Not Applicable
	g. Spread:	Not Applicable
	h. Day Count Fraction:	30/360
	i. Details of any short or long Interest Calculation Period:	Not Applicable
	j. Range Accrual:	Not Applicable
16.	Inverse Floating Rate Interest provisions:	Not Applicable
17.	Inflation-Linked Interest provisions:	Not Applicable
18.	Digital Interest Provisions:	Not Applicable
19.	Spread-Linked Interest Provisions:	Not Applicable
20.	Decompounded Floating Rate Interest provisions:	Not Applicable
21.	Zero Coupon Provisions:	Not Applicable
	Provisions relating to redemption
22.	a. Optional Early Redemption:	Not Applicable
	b. Option Type:	Not Applicable
23.	Call provisions	Not Applicable
24.	Put provisions	Not Applicable
25.	Final Redemption Type:	Bullet Redemption
26.	Bullet Redemption provisions:	Applicable
	Final Redemption Percentage:	100%

27.	Inflation-Linked Redemption provisions:	Not Applicable
28.	Early Cash Settlement Amount:	market value
	a. Final Redemption Floor Unwind Costs:	Not Applicable
29.	Fixing Date – Redemption:	Not Applicable
30.	Fixing Time – Redemption:	Not Applicable
31.	Change in Law:	Applicable
32.	Currency Disruption Event:	Applicable
33.	Issuer Tax Event:	Applicable
34.	Extraordinary Market Disruption:	Applicable
35.	Hedging Disruption:	Applicable
36.	Increased Cost of Hedging:	Not Applicable
	Disruptions

37.	Settlement Expenses:	Not Applicable

1. FX Disruption Fallbacks (General Condition 10 (Consequences of FX Disruption Events)): Not Applicable

General Provisions

39.	Form of Securities:	Global Bearer Securities: Permanent Global Security
		NGN Form: Applicable
		Held under the NSS: Not Applicable
		CGN Form: Not Applicable
		CDIs: Not Applicable
40.	Trade Date:	24 May 2018
41	Prohibition of Sales to EEA Retail Investors:	Not Applicable
42.	Early Redemption Notice Period Number:	As set out in General Condition 28.1 (Definitions)
43.	Additional Business Centre(s):	Not Applicable
44.	Business Day Convention:	Modified Following
45.	Determination Agent:	Barclays Bank PLC
46.	Registrar:	Not Applicable

47.	CREST Agent:	Not Applicable
48.	Transfer Agent:	Not Applicable
49.	a. Name of Manager:	Barclays Bank PLC
	b. Date of underwriting agreement:	Not Applicable
	c. Names and addresses of secondary trading intermediaries and main terms of commitment:	Not Applicable
50.	Registration Agent:	Not Applicable
51.	Masse Category:	Not Applicable
52.	Governing law: English law
53	Belgian Securities Not Applicable
54	Relevant Benchmarks:	Not Applicable

PART B – OTHER INFORMATION

1.	LISTING AND ADMISSION TO TRADING	Application is expected to be made by the Issuer (or on its behalf) for the Securities to be listed on the official list and admitted to trading on the regulated market of the London Stock Exchange with effect from the Issue Date.
	Estimate of total expenses related to admission to trading:	GBP 375
2.	RATINGS
	Ratings:	The Securities have not been individually rated.
3.	EXPENSES	REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL
	Reasons for the offer: (i)	General funding
	Estimated net proceeds: (ii)	Not Applicable
	Estimated total expenses: (iii)	Not Applicable
4.	YIELD
	Not Applicable
5.	HISTORIC INTEREST RATES
		Details of historic EURIBOR rates can be obtained from Reuters Screen EURIBOR01 Page
6.	OPERATIONAL INFORMATION
	ISIN Code: (i)	XS1771116867

(ii)	Common Code:	177111686
(iii)	Relevant Clearing System(s) and the relevant identification number(s):	Clearstream, Euroclear
(iv)	Delivery:	Delivery free of payment
(v)	Name and address of additional	Not Applicable

Paying Agent(s) (if any)

SUMMARY

	Section A – Introduction and warnings
A.1	Introduction and warnings	This Summary should be read as an introduction to the Base Prospectus. Any decision to invest in Securities should be based on consideration of the Base Prospectus as a whole, including any information incorporated by reference, and read together with the Final Terms.
		Where a claim relating to the information contained in the Base 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 the Base 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 the Base Prospectus or it does not provide, when read together with the other parts of the Base Prospectus, key information in order to aid investors when considering whether to invest in the Securities.
A.2	Consent by the Issuer to the use of prospectus in subsequent resale or final placement of Securities	Not Applicable: the Issuer does not consent to the use of the Base Prospectus for subsequent resales.
	Section B  Issuer
B.1	Legal and commercial name of the Issuer	The Securities are issued by Barclays Bank PLC (the "Issuer").
B.2	Domicile and legal form of the Issuer, legislation under which the Issuer operates and country of incorporation of the Issuer	The Issuer is a public limited company registered in England and Wales. The principal laws and legislation under which the Issuer operates are the laws of England and Wales including the Companies Act.
B.4b	Known trends affecting the Issuer and industries in which the Issuer operates	The business and earnings of the Issuer and its subsidiary undertakings (together, the "Bank Group" or "Barclays") can be affected by the fiscal or other policies and other actions of various governmental and regulatory authorities in the UK, EU, US and elsewhere, which are all subject to change. The regulatory response to the financial crisis has led and will continue to lead to very substantial regulatory changes in the UK, EU and US and in other countries in which the Bank Group operates. It has also (amongst other things) led to (i) a more assertive approach being demonstrated by the authorities in many jurisdictions, and (ii) enhanced capital, leverage, liquidity and funding requirements (for example pursuant to the fourth Capital Requirements Directive (CRD IV)). Any future regulatory changes may restrict the Bank Group's operations, mandate certain lending activity and impose other, significant compliance costs. Known trends affecting the Issuer and the industry in which the Issuer operates include:

		continuing political and regulatory scrutiny of the banking industry which  is leading to increased or changing regulation that is likely to have a significant effect on the structure and management of the Bank Group;
		general changes in regulatory requirements, for example, prudential rules  relating to the capital adequacy framework and rules designed to promote financial stability and increase depositor protection, increased regulation and procedures for the protection of customers and clients of financial services firms and an increased willingness on the part of regulators to investigate past practices, vigorously pursue alleged violations and impose heavy penalties on financial services firms;
		increased levels of legal proceedings in jurisdictions in which the Bank  Group does business, including in the form of class actions;
		the US Dodd-Frank Wall Street Reform and Consumer Protection Act,  which contains far-reaching regulatory reform (including restrictions on proprietary trading and fund-related activities (the so-called 'Volcker rule'));
		the United Kingdom Financial Services (Banking Reform) Act 2013 which  gives United Kingdom authorities powers to implement measures for, among others: (i) the separation of the United Kingdom and EEA retail banking activities of the largest United Kingdom banks into a legally, operationally and economically separate and independent entity (so-called 'ring-fencing'); (ii) a statutory 'bail-in' stabilisation option; and
		changes in competition and pricing environments. 
B.5	Description of	Barclays is a major global financial services provider.
	the group and the Issuer's position within the group	The Issuer is a wholly owned direct subsidiary of Barclays PLC, which is the ultimate holding company of the Bank Group (Barclays PLC, together with its subsidiaries, the "Group").
B.8	Selected key pro forma financial information	Based on the unaudited pro forma condensed consolidated financial information of the Bank Group as at and for the year ended 31 December 2017 (the "Pro Forma Financial Information"), the Bank Group had total assets of £897,869 million, total net loans and advances of £213,800 million, total deposits of £280,728 million, and total equity of £49,847 million. The profit before tax of the Bank Group for the year ended 31 December 2017 was £1,878 million after credit impairment charges and other provisions of £1,553 million. The financial information in this paragraph is extracted from the Pro Forma Financial Information.
		The Pro Forma Financial Information, because of its nature, addresses a hypothetical situation and does not, therefore, represent the Bank Group's actual financial position or results.
B.9	Profit forecast or estimate	Not Applicable: the Issuer has chosen not to include a profit forecast or estimate.
B.10	Nature of any qualifications in audit report on historical financial information	Not Applicable: the audit report on the historical financial information contains no such qualifications.
B.12	Selected key financial	Based on the Bank Group's audited financial information for the year ended 31 December 2017, the Bank Group had total assets of £1,129,343 million (2016:

	information; no material adverse change and significant change statements	£1,213,955 million), total net loans and advances of £401,762 million (2016: £436,417 million), total deposits of £467,332 million (2016: £472,917 million), and total equity of £65,734 million (2016: £70,955 million) (including non controlling interests of £1 million (2016: £3,522 million)). The profit before tax of the Bank Group for the year ended 31 December 2017 was £3,166 million (2016: £4,383 million) after credit impairment charges and other provisions of £2,336 million (2016: £2,373 million). The financial information in this paragraph is extracted from the audited consolidated financial statements of the Issuer for the year ended 31 December 2017. Not Applicable: save for the implementation of the Scheme as disclosed in the section 'Ring Fencing Transfer Scheme' of Element B.13, there has been no significant change in the financial or trading position of the Bank Group since 31 December 2017. There has been no material adverse change in the prospects of the Issuer since 31 December 2017.
B.13	Recent events	Ring-Fencing Transfer Scheme
	particular to the Issuer which are materially relevant to the evaluation of Issuer's solvency	On 9 March 2018 the Group was granted approval from the Prudential Regulation Authority and the High Court of Justice of England and Wales to implement the "ring-fencing" of its day-to-day banking services of the Group using a legal process called a Ring-Fencing Transfer Scheme (the "Scheme") under Part VII of the Financial Services and Markets Act 2000.
		The Group has implemented the Scheme and established the ring-fenced bank, Barclays Bank UK PLC on 1 April 2018. This entity will operate alongside, but have the ability to take decisions independently from, the Issuer as part of the Group under Barclays PLC.
		Settlement with the United States Department of Justice ("DoJ") in relation to residential mortgage-backed securities
		The Group has reached a settlement with the DoJ to resolve the civil complaint brought by the DoJ in December 2016 relating to residential mortgage-backed securities sold by the Group between 2005 and 2007.
		The Group has agreed to pay a civil monetary penalty of \$2,000 million (£1,420 million), which will be recognized in the first quarter of 2018.
		The settlement resolves all actual and potential civil claims by the DoJ relating to the Group's securitisation, underwriting and sale of mortgage-backed securities in the period 2005-2007.
B.14	Dependency of the Issuer on other entities	The whole of the issued ordinary share capital of the Issuer is beneficially owned by Barclays PLC, which is the ultimate holding company of the Bank Group.
	within the group	The financial position of the Issuer is dependent on the financial position of its subsidiary undertakings.
B.15	Description of the Issuer's principal activities	The Bank Group is a global consumer and wholesale bank offering products and services across personal, corporate and investment banking and wealth management, with a strong presence in the UK and the US.
B.16	Description of whether the Issuer is directly or indirectly owned or controlled and	The whole of the issued ordinary share capital of the Issuer is beneficially owned by Barclays PLC, which is the ultimate holding company of the Issuer and its subsidiary undertakings.

	by whom and nature of such control
B.17	Credit ratings assigned to the Issuer or its debt securities	The short-term unsecured obligations of the Issuer are rated A-1 by Standard & Poor's Credit Market Services Europe Limited, P-1 by Moody's Investors Service Ltd. and F1 by Fitch Ratings Limited and the long-term unsecured unsubordinated obligations of the Issuer are rated A by Standard & Poor's Credit Market Services Europe Limited, A2 by Moody's Investors Service Ltd. and A by Fitch Ratings Limited. A specific issue of Securities may be rated or unrated.
		Ratings: This issue of Securities will not be rated.
		Section C – Securities
C.1	Type and class of Securities being offered and/or admitted to trading	Securities described in this Summary may be debt securities or, where the repayment terms are linked to the performance of a specified inflation index, derivative securities. Securities will bear interest at a fixed rate, a floating rate plus a fixed percentage, a rate equal to a fixed percentage minus a floating rate, a rate that is equal to the difference between two floating rates, a rate that is calculated by reference to movements in a specified inflation index, or a rate that will vary between two specified fixed rates (one of which may be zero) depending on whether the specified floating rate exceeds the specified strike rate on the relevant date of determination, may be zero coupon securities (which do not bear interest) or may apply a combination of different interest types. 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 include an option for the Issuer, at its discretion, to switch the type of interest payable on the Securities once during the term of the Securities. The amount of interest payable in respect of the 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. Securities may include an option for the Securities to be redeemed prior to maturity at the election of the Issuer or the investor. If Securities are not redeemed early they will redeem on the Scheduled Redemption Date and the amount paid will either be a fixed redemption amount, or an amount linked to the performance of a specified inflation index. Securities may be cleared through a clearing system or uncleared and held in bearer or registered form. Certain cleared Securities may be in dematerialised and uncertificated book-entry form. Title to cleared Securities will be determined by the books of the relevant clearing system. Securities will be issued in one or more series (each a "Series") and each Series may be issued in tranches (each a "Tranche") on the same or different issue dates. The Securities of each Series are intended to be interchangeable with all other Securities of that Series. Each Series will be allocated a unique Series number and an identification code. The Securities are transferable obligations of the Issuer that can be bought and sold by investors in accordance with the terms and conditions set out in the Base Prospectus (the "General Conditions"), as completed by the final terms document (the "Final Terms") (the General Conditions as so completed, the "Conditions"). Interest: The interest payable in respect of the Securities will be determined by
		reference to a floating rate of interest. The amount of interest payable in respect of a security for an interest calculation period will be determined by multiplying

		the interest calculation amount of such security by the applicable interest rate and day count fraction.
		Call or Put option: Not applicable
		Final redemption: The final redemption amount will be 100 per cent. of EUR 1,000 (the Calculation Amount).
		Form: The Securities will initially be issued in global bearer form.
		Identification: Series number: NX000214393; Tranche number: 1
		Identification codes: ISIN Code: XS1771116867; Common Code: 177111686
		Governing law: The Securities will be governed by English law.
C.2	Currency	Subject to compliance with all applicable laws, regulations and directives, Securities may be issued in any currency. The terms of Securities may provide that all amounts of interest and principal payable in respect of such Securities will be paid in a settlement currency other than the currency in which they are denominated, with such payments being converted into the settlement currency at the prevailing exchange rate as determined by the Determination Agent.
		The Securities will be denominated in Euro ("EUR").
C.5	Description of restrictions on free transferability of the Securities	Securities are offered and sold outside the United States to non-U.S. persons in reliance on Regulation S and must comply with transfer restrictions with respect to the United States.
		Securities held in a clearing system will be transferred in accordance with the rules, procedures and regulations of that clearing system.
		Subject to the above, the Securities will be freely transferable.
C.8	Description of rights attached to the Securities including ranking and limitations to those rights	Rights: Each Security includes a right to a potential return of interest and amount payable on redemption together with certain ancillary rights such as the right to receive notice of certain determinations and events and the right to vote on future amendments.
		Price: Securities will be issued at a price and in such denominations as agreed between the Issuer and the relevant dealer(s) and/or manager(s) at the time of issuance. The minimum denomination will be the Calculation Amount in respect of which interest and redemption amounts will be calculated. The issue price of the Securities is 100 per cent. The denomination of a Security is EUR 1,000 (the "Calculation Amount").
		Taxation: All payments in respect of the Securities shall be made without withholding or deduction for or on account of any UK taxes unless such withholding or deduction is required by law. In the event that any such withholding or deduction is required by law, the Issuer will, save in limited circumstances, pay additional amounts to cover the amounts so withheld or deducted.
		Events of default: If the Issuer fails to make any payment due under the Securities or breaches any other term and condition of the Securities in a way that is materially prejudicial to the interests of the Holders (and such failure is not remedied within 30 days, or, in the case of interest, 14 days), or the Issuer is subject to a winding-up order, then (subject, in the case of interest, to the Issuer being prevented from payment for a mandatory provision of law) the Securities will become immediately due and payable, upon notice being given by the Holder (or, in the case of French law Securities, the representative of the Holders).
		Ranking: The Securities are direct, unsubordinated and unsecured obligations of the Issuer and rank equally among themselves.
		Limitations to rights: Notwithstanding that the Securities are linked to the

		performance of the underlying asset(s), Holders do not have any rights in respect of the underlying assets. The terms and conditions of the Securities contain provisions for calling meetings of Holders to consider matters affecting their interests generally and these provisions permit defined majorities to bind all Holders, including all Holders who voted in a manner contrary to the majority. Furthermore, in certain circumstances, the Issuer may amend the terms and conditions of the Securities, without the Holders' consent. The terms and conditions of the Securities permit the Issuer and the Determination Agent (as the case may be), on the occurrence of certain events and in certain circumstances, without the Holders' consent, to make adjustments to the terms and conditions of the Securities, to redeem the Securities prior to maturity, (where applicable) to postpone valuation of the underlying asset(s) or scheduled payments under the Securities, to change the currency in which the Securities are denominated, to substitute the Issuer with another permitted entity subject to certain conditions, and to take certain other actions with regard to the Securities and the underlying asset(s) (if any).
C.9	Interest/ Redemption	Interest: In respect of each interest calculation period, Securities may or may not bear interest. For each interest calculation period in respect of which the Securities bear interest, interest will accrue at one of the following rates: a fixed rate, a floating rate plus a fixed percentage, a rate equal to a fixed percentage minus a floating rate, a rate that is equal to the difference between two floating rates, a rate that is calculated by reference to movements in a specified inflation index, a rate that will vary between two specified fixed rates (one of which may be zero) depending on whether the specified floating rate exceeds a specified level on the relevant date of determination, or a rate that is decompounded floating rate. Securities may include an option for the Issuer, at its discretion, to switch the type of interest payable on the Securities once during the term of the Securities (the "Switch Option"). The amount of interest payable in respect of the Securities on an Interest Payment Date may also 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, as described in 'Range Accrual Factor' below (the "Range Accrual Factor").
		Final Redemption: The amount payable on final redemption of the Securities will either be fixed at a percentage of the Calculation Amount of the Securities, or may reference the Calculation Amount of the Securities (being the minimum denomination of the Securities) as adjusted upwards or downwards to account for movements in an inflation index. Settlement procedures will depend on the clearing system for the Securities and local practices in the jurisdiction of the investor.
		Optional Early Redemption: Certain Securities may be redeemed earlier than the Scheduled Redemption Date following the exercise of a call option by the Issuer or the exercise of a put option by a Holder of the Securities.
		Mandatory Early Redemption: Securities may also be redeemed earlier than the Scheduled Redemption Date if performance of the Issuer's obligations becomes illegal, if the Determination Agent so determines, following cessation of publication of an inflation index, or following the occurrence of a change in applicable law, a currency disruption or a tax event affecting the Issuer's ability to fulfil its obligation under the Securities.
		Indicative amounts: If the Securities are being offered by way of a Public Offer and any specified product values below are not fixed or determined at the commencement of the Public Offer (including any amount, level, percentage, price, rate or other value in relation to the terms of the Securities which has not been fixed or determined by the commencement of the Public Offer), these specified product values will specify an indicative amount, an indicative minimum amount, an indicative maximum amount or any combination thereof. In such case, the relevant specified product value(s) shall be the value determined based on market conditions by the Issuer on or around the end of the Public Offer. Notice of the relevant specified product value will be published

		prior to the Issue Date.
		INTEREST
		Floating Rate Interest. Each Security will bear interest from 31 May 2018 and will pay an amount of interest linked to the Floating Rate (as defined below) at the end of each interest calculation period on 31 May in each year (each, an "Interest Payment Date").
		The applicable rate of interest ("Rate of Interest") will be equal to the Floating Rate, provided that such rate shall not be greater than 2.75% per annum or less than 1.20% per annum.
		"Floating Rate" means the quotation for 12 month EURIBOR that appears on Reuters Screen EURIBOR01 Page at 11:00a.m. Brussels Time on the date for determining the floating rate.
		FINAL REDEMPTION
		The Securities are scheduled to redeem on 31 May 2030 by payment by the Issuer of an amount in EUR equal to EUR 1,000 multiplied by 100%.
		OPTIONAL EARLY REDEMPTION
		These Securities cannot be redeemed early at the option of the Issuer or the Holder.
C.10	Derivative component in the interest payment	Not applicable, there is no derivative component in the interest payment.
C.11	Admission to trading	Securities may be admitted to trading on a regulated market in Belgium, Denmark, Finland, France, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Portugal, Spain, Sweden or the United Kingdom.
		Application is expected to be made by the Issuer (or on its behalf) for the Securities to be admitted to trading on the regulated market of the London Stock Exchange with effect from 31 May 2018.
C.15	Description of how the value of the investment is affected by the	The return on, and value of, Securities that are derivative securities will be linked to the performance of a specified inflation index. In addition, any interest payments will be calculated by reference to a fixed rate and/or one or more floating rates or movements in the specified inflation index.
	value of the underlying instrument	Payments of interest are calculated by reference to the Floating Rate. The amount of interest for a given period is however subject to a maximum rate of 2.75% and a minimum rate of 1.20% per annum.
C.16	Expiration or maturity date of the securities	Securities with repayment terms that reference the performance of a specified inflation index are scheduled to redeem on the Scheduled Redemption Date. The Scheduled Redemption Date of the Securities is 31 May 2030.
C.17	Settlement procedure of the derivative securities	Securities that are derivative securities will be delivered on the specified issue date either against payment of the issue price (or, in the case of Securities having a settlement currency different from the currency of denomination, the settlement currency equivalent of the issue price) or free of payment of the issue price of the Securities. The Securities may be cleared and settled through Euroclear Bank S.A./N.V., Clearstream Banking société anonyme, CREST, Euroclear France, S.A., VP Securities, A/S, Euroclear Finland Oy, Norwegian

		Central Securities Depositary, Euroclear Sweden AB or SIX SIS Ltd.
		Securities will be delivered on 31 May 2018 (the "Issue Date") free of payment of the issue price of the Securities.
		The Securities will be cleared and settled through Euroclear Bank S.A./N.V., Clearstream Banking société anonyme.
C.18	Description of how the return on derivative securities takes	The value of the underlying asset to which Securities that are derivative Securities are linked will affect the interest paid and/or the amount paid on the Scheduled Redemption Date. Interest and any redemption amount payable will be paid in cash.
	place	Not applicable: the Securities are not derivative securities.
C.19	Final reference price of the underlying	Not applicable: the Securities are not derivative securities.
C.20	Type of underlying	Not applicable: the Securities are not derivative securities.
C.21	Market where Securities are traded	Application is expected to be made by the Issuer to list the Securities on the official list and admitted to trading on the regulated market of the London Stock Exchange with effect from 31 May 2018.
		Section D – Risks
D.2	Key information on the key risks that are specific to the Issuer	The risks described below are material risks that senior management has identified with respect to the Group. In connection with the planned implementation in the first half of 2018 of ring-fencing certain of the Group's UK businesses, the Issuer will transfer what are materially the assets and business of the Barclays UK division to another subsidiary of the Group, Barclays Bank UK PLC (the "UK Ring-fenced Bank"). Senior management expects that upon this transfer the material risks with respect to the Bank Group will be the same in all material respects as those risks with respect to the Group. The Issuer classifies eight risks as "Principal Risks": (1) Credit Risk; (2) Market Risk; (3) Treasury and Capital Risk; (4) Operational Risk; (5) Model Risk; (6) Conduct Risk; (7) Reputation Risk; and (8) Legal Risk (each a "Principal Risk"). Material risks to the Group and their impact are described below in the sections (i) material existing and emerging risks potentially impacting more than one Principal Risk and (ii) material existing and emerging risks impacting individual Principal Risks.
		(i) Material existing and emerging risks potentially impacting more than one Principal Risk
		Business conditions, general economy and geopolitical issues
		The Group offers a broad range of services, including to retail, institutional and government customers, in a large number of countries. The breadth of these operations means that deterioration in the economic environment, or an increase in political instability in countries where the Group is active, or in any systemically important economy, could adversely affect the Group's operating performance, financial condition and prospects.
		Interest rate rises adversely impacting credit conditions
		To the extent that central banks increase interest rates particularly in the Group's main markets, in the UK and the US, there could be an impact on consumer debt affordability and corporate profitability. While interest rate rises could positively impact the Group's profitability, as retail and corporate business income may increase due to margin de-compression, future interest

	rate increases, if larger or more frequent than expectations, could cause stress in the loan portfolio and underwriting activity of the Group. Higher credit losses driving an increased impairment allowance would most notably impact retail unsecured portfolios and wholesale non- investment grade lending.
	Interest rates rising faster than expected could also have an adverse impact on the value of high quality liquid assets which are part of the Group Treasury function's investment activity that could consequently create more volatility through the Group's available for sale reserves than expected.
	Process of UK withdrawal from the European Union
	The uncertainty and increased market volatility following the UK's decision to leave the EU in 2019 is likely to continue until the exact nature of the future trading relationship with the EU becomes clear. The potential risks associated with an exit from the EU include:
	• Increased market risk with the impact on the value of trading book positions;
	• Potential for credit spread widening for UK institutions which could lead to reduced investor appetite for the Group's debt securities, which could negatively impact the cost of and/or access to funding;
	• Changes in the long-term outlook for UK interest rates which may adversely affect International Accounting Standards 19 pension liabilities and the market value of equity investments funding those liabilities;
	• Increased risk of a UK recession with lower growth, higher unemployment and falling UK house prices. This would negatively impact a number of the Group's portfolios;
	• Changes to current EU "Passporting" rights which will likely require adjustments to the current model for the Group's cross-border banking operation which could increase operational complexity and/or costs;
	• The ability to attract, or prevent the departure of, qualified and skilled employees may be impacted by the UK's future approach to the EU freedom of movement and immigration from the EU countries; and
	• The legal framework within which the Group operates could change and become more uncertain as the UK takes steps to replace or repeal certain laws currently in force, which are based on EU legislation and regulation.
	Regulatory change agenda and impact on business model
	The Group remains subject to ongoing significant levels of regulatory change and scrutiny in many of the countries in which it operates (including, in particular, the UK and the US). A more intensive regulatory approach and enhanced requirements together with the uncertainty (particularly in light of the UK's decision to withdraw from the EU) and potential lack of international regulatory coordination as enhanced supervisory standards are developed and implemented may adversely affect the Group's business, capital and risk management strategies and/or may result in the Group deciding to modify its

legal entity structure, capital and funding structures and business mix, or to exit certain business activities altogether or not to expand in areas despite otherwise attractive potential.
Certain potential consequences of ring-fencing to the Issuer
In connection with the planned implementation in the first half of 2018 of ring fencing certain of the Group's businesses, the Issuer will transfer what are materially the assets and business of the Barclays UK division to another subsidiary of the Group, the UK Ring-fenced Bank. Senior management expects that upon this transfer, the material risks with respect to the Bank Group will be the same in all material respects as those risks with respect to the Group. However, senior management has identified certain potential differences in risks with respect to the Bank Group as compared to risks to the Group.
The transfer of the assets and liabilities of the Barclays UK division from the Issuer will mean that the Bank Group will be less diversified than the Group as a whole. The Issuer will not be the parent of the UK Ring-fenced Bank and thus will not have recourse to the assets of the UK Ring-fenced Bank.
The implementation of ring-fencing may adversely affect the market value and/or liquidity of the Securities.
(ii) Material existing and emerging risks potentially impacting more than one Principal Risk
Credit risk: The risk of loss to the Group from the failure of clients, customers or counterparties, including sovereigns, to fully honour their obligations to the Group, including the whole and timely payment of principal, interest, collateral and other receivables. The Group may suffer financial loss if any of its customers, clients or counterparties fails to fulfil their contractual obligations to the Group.
Market risk: The risk of a loss arising from potential adverse changes in the value of the Group's assets and liabilities from fluctuation in market variables including, but not limited to, interest rates, foreign exchange, equity prices, commodity prices, credit spreads, implied volatilities and asset correlations. The Group's trading business is generally exposed to a prolonged period of elevated asset price volatility, particularly if it negatively affects the depth of marketplace liquidity.
Treasury and capital risk: The risk that the Group (i) is unable to meet its contractual or contingent obligations or that it does not have the appropriate amount, tenor and composition of funding and liquidity to support its assets, (ii) has an insufficient level or composition of capital to support its normal business activities and to meet its regulatory capital requirements, or (iii) is exposed to capital or income volatility because of a mismatch between the interest rate exposures of its assets and liabilities. The Group may not be able to achieve its business plans due to, among other things: a) being unable to maintain appropriate capital ratios; b) being unable to meet its obligations as they fall due; c) rating agency downgrades; d) adverse changes in foreign exchange rates on capital ratios; e) adverse movements in the pension fund; and f) non- traded market risk/interest rate risk in the banking book.
Operational risk: The Group is exposed to many types of operational risk. These include: (i) the risk of failing to adequately manage the threat of cyber attacks and to continually evolve enterprise security and provide an active cyber security response capability could result in increased fraud losses, inability to perform critical economic functions, customer detriment, potential regulatory censure and penalty, legal liability, reduction in shareholder value and

	reputational damage; (ii) the risk of loss of or disruption to the Group's business
	processing, whether arising through impacts on technology systems, real estate
	services, personnel availability or the support of major suppliers, and which
	may result in significant customer detriment, cost to reimburse losses incurred
	by the Group's customers, potential regulatory censure or penalty, and
	reputational damage; (iii) to the extent that the Group depends on suppliers for
	the provision of many of its services and the development of future technology
	driven product propositions, there is a risk that client information or critical
	infrastructures is not adequately protected, the potential for a negative impact on
	the Group's ability to continue to provide services that are material to the Group
	following a failure by any such supplier and the potential for increased losses,
	inability to perform critical economic functions, customer detriment, potential
	regulatory censure and penalty, legal liability and reputational damages upon a
	failure to adequately manage outsourcing risk; (iv) the risk of material errors in
	operational processes, including payments, which could disadvantage the
	Group's customers, clients or counterparties and could result in regulatory
	censure and penalties, legal liability, reputational damage and financial loss by
	the Group; (v) the risk of a failure to closely monitor risk exposure to new and
	emergent technology, which could lead to customer detriment, loss of business,
	regulatory censure, missed business opportunity and reputational damage; (vi)
	the risk of fraudulent and other internal and external criminal activities, which
	could result in high profile material losses together with regulatory censure,
	penalties and significant reputational damage; (vii) the risk of the inability to
	hire and retain appropriately qualified employees, which could negatively
	impact the Group's financial performance, control environment and level of
	employee engagement as well as the disenfranchisement of certain customer
	groups, customer detriment and reputational damage; (viii) the risk that the
	Group failing to comply with tax laws and practices or managing its tax affairs
	in an appropriate manner, which could lead to losses due to additional tax
	charges, other financial costs or reputational damage; (ix) the risk that of
	incorrect judgements being exercised, or incorrect estimates or assumptions
	being used, in relation to International Financial Reporting Standards, which
	could result in significant loss to the Group, beyond what was anticipated or
	provided for; and (x) the risk of failing to accurately collect and maintain the
	large volumes of data (including personally identifiable information, intellectual
	property, and financial data) that the Group holds and to protect it from
	breaches of confidentiality and interference with its availability, which could
	lead to loss or unavailability of data and data integrity issues and could result in
	regulatory censure, legal liability and reputational damage.
	Model risk: The risk of the potential adverse consequences from financial
	assessments or decisions based on incorrect or misused model outputs and
	reports. Models are, by their nature, imperfect and incomplete representations of
	reality because they rely on assumptions and inputs, and so they may be subject
	to errors affecting the accuracy of their outputs. Models may also be misused.
	Model errors or misuse may result in the Group making inappropriate business
	decisions and being subject to financial loss, regulatory risk, reputational risk
	and/or inadequate capital reporting.
	Conduct risk: The risk of detriment to customers, clients, market integrity,
	competition or the Group from the inappropriate supply of financial services,
	including instances of wilful or negligent misconduct. Ineffective product
	governance, could lead to poor customer outcomes, as well as regulatory
	sanctions, financial loss and reputational damage. The Group may be adversely
	affected if it fails to effectively mitigate the risk that its employees or third
	parties facilitate, or that its products and services are used to facilitate financial
	crime (money laundering, terrorist financing, bribery and corruption and
	sanctions evasion). Failure to protect personal data can lead to potential
	detriment to the Group's customers and clients, reputational damage, regulatory

		sanctions and financial loss, which under the new EU Data Protection Regulation may be substantial. Failure to meet the requirements and expectations of the UK Senior Managers Regime, Certification Regime and Conduct Rules may lead to regulatory sanctions, both for the individuals and the Group. Reputation risk: The risk that an action, transaction, investment or event will reduce trust in the Group's integrity and competence by clients, counterparties, investors, regulators, employees or the public. Legal risk and legal, competition and regulatory matters: The risk of loss or imposition of penalties, damages or fines from the failure of the Group to meet its legal obligations including regulatory or contractual requirements. Legal disputes, regulatory investigations, fines and other sanctions relating to conduct of business and breaches of legislation and/or regulations may negatively affect the Group's results, reputation and ability to conduct its business. Legal outcomes can arise as a consequence of legal risk or because of past and future actions, behaviours and business decisions as a result of other Principal Risks.
D.3	Key	You may lose up to the entire value of your investment in the Securities:
	information on the key risks that are specific to the Securities	The payment of any amount due under the Securities is dependent upon the Issuer's ability to fulfil its obligations when they fall due. The Securities are unsecured obligations. They are not deposits and they are not protected under the UK's Financial Services Compensation Scheme or any other deposit protection insurance scheme. Therefore, even if the relevant Securities are stated to be repayable at an amount that is equal to or greater than their initial purchase price, if the Issuer fails or is otherwise unable to meet its payment or delivery obligations under the Securities, you will lose some or all of your investment.
		You may also lose some or all of your entire investment if:
		you sell your Securities prior to maturity in the secondary market (if any)  at an amount that is less than the initial purchase price;
		the Securities are redeemed early for reasons beyond the control of the  Issuer (such as following a change in applicable law, a currency disruption or a tax event affecting the Issuer's ability to fulfil its obligations under the Securities) and the amount paid to investors is less than the initial purchase price; or
		the terms and conditions of the Securities are adjusted (in accordance with  the terms and conditions of the Securities) with the result that the redemption amount payable to investors and/or the value of the Securities is reduced.
		Reinvestment risk/loss of yield: Following an early redemption of the Securities for any reason, Holders may be unable to reinvest the redemption proceeds at a rate of return as high as the return on the Securities being redeemed.
		Volatile market prices: The market value of the Securities is unpredictable and may be highly volatile, as it can be affected by many unpredictable factors, including: market interest and yield rates; fluctuations in currency exchange rates; exchange controls; the time remaining until the Securities mature; economic, financial, regulatory, political, terrorist, military or other events in one or more jurisdictions; changes in laws or regulations; and the Issuer's creditworthiness or perceived creditworthiness.
		Risks relating to Floating Rates: The performance of floating interest rates is

		dependent upon a number of factors, including supply and demand on the international money markets, which are influenced by measures taken by governments and central banks, as well as speculations and other macroeconomic factors.
D.6	Risk warning that investors may lose value of entire investment or part of it	The capital invested in the Securities is at risk. Consequently, you may lose the value of your entire investment, or part of it.
		Section E – Offer
E.2b	Reasons for offer and use of proceeds when different from making profit and/or hedging certain risks	Not applicable: the Securities have not been offered to the public.
E.3	Description of the terms and conditions of the offer	Not applicable: the Securities have not been offered to the public.
E.4	Description of any interest material to the issue/offer, including conflicting interests	Not Applicable: no person involved in the issue or offer has any interest, or conflicting interest, that is material to the issue or offer of Securities.
E.7	Estimated expenses charged to investor by issuer/offeror	Not applicable: the Securities have not been offered to the public.