Market Overview

Barclays announces the upcoming launch of iPath® Series B S&P 500® VIX Short-Term Futures™ ETNs (Ticker:VXXB) and iPath® Series B S&P 500® VIX Mid -Term Futures™ ETNs (Ticker:VXZB)

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Barclays Bank PLC ("Barclays") announced today the upcoming launch in
early 2018 of the iPath® Series B S&P 500® VIX
Short-Term FuturesTM ETNs (TICKER:VXXB) and the iPath®
Series B S&P 500® VIX Mid-Term FuturesTM ETNs
(TICKER:VXZB) (together, the "New ETNs").

The New ETNs are proposed to be launched in advance of the upcoming
scheduled maturity of the iPath® S&P 500® VIX
Short-Term FuturesTM ETNs (AMEX:VXX) and the iPath®
S&P 500® VIX Mid-Term FuturesTM ETNs (Ticker: VXZ) (together, the "Maturing ETNs"). The final redemption date of the
Maturing ETNs is January 30, 2019 and both the New ETNs and the Maturing
ETNs will trade in parallel until the final redemption date of the
Maturing ETNs. The New ETNs will feature an investor fee of 0.89% per
annum and will also be redeemable at the sole discretion of Barclays on
any trading day on or after their inception until maturity. Barclays
intends that each of the New ETNs will be issued with a closing
indicative value on its initial valuation date that is equal to that of
the corresponding Maturing ETNs on such date. Please refer to the
preliminary ETN prospectus for further details.

Barclays also announced a waiver of the minimum early redemption size of
25,000 ETNs on the Maturing ETNs for any redemption order that is paired
with a simultaneous purchase of an equivalent amount of the
corresponding New ETNs from Barclays. No additional purchase or
redemption fees will be charged by Barclays for paired orders to migrate
from the Maturing ETNs to the corresponding New ETNs. This waiver will
be in place until the maturity of the Maturing ETNs.

Holders of the Maturing ETNs are not required to take any action as a
result of this announcement and may choose to continue to hold or trade
their Maturing ETNs until expiration.

Holders of the Maturing ETNs that wish to sell their Maturing ETNs
and/or purchase New ETNs may take any of the following actions:

          1)   Sell Maturing ETNs and/or purchase New ETNs on the secondary market
at the prevailing trading price on the exchange.
2)

Put Maturing ETNs to Barclays with no minimum early redemption
size and simultaneously purchase an equivalent amount of the
corresponding New ETNs from Barclays, with each transaction having
the same valuation date and settlement date (a "Net Settlement").
In this case, upon redemption of its Maturing ETNs, the holder
would receive a number of New ETNs equal to the number of redeemed
Maturing ETNs. Holders who wish to effect a Net Settlement must
instruct their broker or other person through whom they hold their
Maturing ETNs in accordance with the procedures set forth in the
section "Specific Terms of the ETNs—Early Redemption Procedures"
in the prospectus relating to the Maturing ETNs. Holders may also
contact Barclays at etndesk@barclays.com
or 1-212-528-7790 to obtain further information regarding the
procedures for Net Settlement.

3) Put Maturing ETNs to Barclays under the early redemption option
(subject to the existing minimum early redemption size) without
simultaneously purchasing New ETNs from Barclays or purchase New
ETNs from Barclays without simultaneously redeeming Maturing ETNs,
in each case for the applicable cash value.

Any redemption of Maturing ETNs or purchase of New ETNs is subject to
the conditions described in the prospectus for the relevant series of
ETNs and will be valued using the applicable closing indicative value on
the valuation date for the transaction, with applicable purchase or
redemption fees except as described above for paired orders, in each
case in accordance with the prospectus for the relevant series of ETNs.
Holders are not required to take any of the actions set forth above and
may choose to continue to hold their ETNs.

The iPath® Series B S&P 500® VIX Short-Term
FuturesTM ETNs are designed to provide investors with
exposure to the performance of the S&P 500® VIX
Short-Term FuturesTM Index TR, which measures the return from
a daily rolling long position in the front and second month futures
contracts on the CBOE Volatility Index® (the "VIX Index")
traded on the Chicago Board Options Exchange ("CBOE"). The iPath®
Series B S&P 500® VIX Mid-Term FuturesTM ETNs
are designed to provide investors with exposure to the performance of
the S&P 500® VIX Mid-Term FuturesTM Index TR,
which measures the return from a daily rolling long position in the
fourth, fifth, sixth and seventh month futures contracts on the VIX
Index traded on the CBOE.

The ETNs are riskier than ordinary unsecured debt securities and have
no principal protection. The ETNs are unsecured debt obligations of the
issuer, Barclays Bank PLC, and are not, either directly or indirectly,
an obligation of or guaranteed by any third party. The ETNs are intended
to be trading tools for sophisticated investors to manage daily trading
risks. The ETNs may not be suitable for all investors and should be used
only by investors with the sophistication and knowledge necessary to
understand the risks inherent in the underlying index, the futures
contracts that the relevant underlying index tracks and investments in
volatility as an asset class generally. Investors should consult with
their broker or financial advisor when making an investment decision and
to evaluate their investment in the ETNs and should actively manage and
monitor their investments in the ETNs, as frequently as daily. An
investment in the ETNs involves significant risks, including possible
loss of principal, and may not be suitable for all investors. For more
information on risks associated with the ETNs, please see "Selected Risk
Considerations" below and the risk factors included in the relevant
prospectus.

The prospectus relating to the relevant series of ETNs can be found on
EDGAR, the SEC website, at: www.sec.gov.
The prospectuses relating to the Maturing ETNs are also available on the
product website at www.iPathETN.com/VXXprospectus
and www.iPathETN.com/VXZprospectus.

For further information, please instruct your broker/advisor/custodian
to email us at etndesk@barclays.com
or alternatively, your broker/custodian can call us at: 1-212-528-7990.

Selected Risk Considerations

An investment in the iPath ETNs described herein (the "ETNs") involves
risks. Selected risks are summarized here, but we urge you to read the
more detailed explanation of risks described under "Risk Factors" in the
applicable prospectus supplement and pricing supplement.

You May Lose Some or All of Your Principal: The ETNs are exposed
to any decrease in the level of the underlying index between the
inception date and the applicable valuation date. Additionally, if the
level of the underlying index is insufficient to offset the negative
effect of the investor fee and other applicable costs, you will lose
some or all of your investment at maturity or upon redemption, even if
the value of such index has increased. Because the ETNs are subject to
an investor fee and any other applicable costs, the return on the ETNs
will always be lower than the total return on a direct investment in the
index components. The ETNs are riskier than ordinary unsecured debt
securities and have no principal protection.

Credit of Barclays Bank PLC: The ETNs are unsecured debt
obligations of the issuer, Barclays Bank PLC, and are not, either
directly or indirectly, an obligation of or guaranteed by any third
party. Any payment to be made on the ETNs, including any payment at
maturity or upon redemption, depends on the ability of Barclays Bank PLC
to satisfy its obligations as they come due. As a result, the actual and
perceived creditworthiness of Barclays Bank PLC will affect the market
value, if any, of the ETNs prior to maturity or redemption. In addition,
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 ETNs.

Issuer Redemption: If specified in the applicable prospectus,
Barclays Bank PLC will have the right to redeem or call a series of ETNs
(in whole but not in part) at its sole discretion and without your
consent on any trading day on or after the inception date until and
including maturity.

The Performance of the Underlying Indices are Unpredictable:
An investment in the ETNs is subject to risks associated with
fluctuations, particularly a decline, in the performance of the
underlying index. Because the performance of such index is linked to
futures contracts on the VIX Index, the performance of the underlying
index will depend on many factors including, the level of the S&P 500®,
the prices of options on the S&P 500®, and the level of
the VIX Index which may change unpredictably, affecting the value of
futures contracts on the VIX Index and, consequently, the level of the
underlying index. Additional factors that may contribute to fluctuations
in the level of such index include prevailing market prices and forward
volatility levels of the U.S. stock markets and the equity securities
included in the S&P 500®, the prevailing market prices of
options on the VIX Index, relevant futures contracts on the VIX Index,
or any other financial instruments related to the S&P 500®
and the VIX Index, interest rates, supply and demand in the listed and
over-the-counter equity derivative markets as well as hedging activities
in the equity-linked structured product markets.

Your ETNs Are Not Linked to the VIX Index: The value of your ETNs
will be linked to the value of the underlying index, and your ability to
benefit from any rise or fall in the level of the VIX Index is limited.
The index underlying your ETNs is based upon holding a rolling long
position in futures on the VIX Index. These futures will not necessarily
track the performance of the VIX Index. Your ETNs may not benefit from
increases in the level of the VIX Index because such increases will not
necessarily cause the level of VIX Index futures to rise. Accordingly, a
hypothetical investment that was linked directly to the VIX Index could
generate a higher return than your ETNs.

Market and Volatility Risk: The market value of the ETNs may be
influenced by many unpredictable factors and may fluctuate between the
date you purchase them and the maturity date or redemption date. You may
also sustain a significant loss if you sell your ETNs in the secondary
market. Factors that may influence the market value of the ETNs include
prevailing market prices of the U.S. stock markets, the index components
included in the underlying index, and prevailing market prices of
options on such index or any other financial instruments related to such
index; and supply and demand for the ETNs, including economic,
financial, political, regulatory, geographical or judicial events that
affect the level of such index or other financial instruments related to
such index.

A Trading Market for the ETNs May Not Develop: Although the ETNs
are listed on NYSE Arca, a trading market for the ETNs may not develop
and the liquidity of the ETNs may be limited, as we are not required to
maintain any listing of the ETNs.

No Interest Payments from the ETNs: You may not receive any
interest payments on the ETNs.

Restrictions on the Minimum Number of ETNs and Date Restrictions for
Redemptions
: Subject to the terms described in the applicable
prospectus, you must redeem at least 25,000 ETNs of the same series at
one time in order to exercise your right to redeem your ETNs on any
redemption date. You may only redeem your ETNs on a redemption date if
we receive a notice of redemption from you by certain dates and times as
set forth in the pricing supplement.

Uncertain Tax Treatment: Significant aspects of the tax treatment
of the ETNs are uncertain. You should consult your own tax advisor about
your own tax situation.

The ETNs may be sold throughout the day on the exchange through any
brokerage account. There are restrictions on the minimum number of ETNs
you may redeem directly with the issuer as specified in the applicable
prospectus. Commissions may apply and there are tax consequences in the
event of sale, redemption or maturity of ETNs. Sales in the secondary
market may result in significant losses.

The S&P 500® VIX Futures Indices are products of S&P Dow
Jones Indices LLC ("SPDJI"). S&P®, S&P 500®,
and "S&P 500® VIX Short-Term FuturesTM",
"S&P 500® VIX Mid-Term FuturesTM" and
"S&P 500® Dynamic VIX FuturesTM" are
trademarks of Standard & Poor's Financial Services LLC ("SPFS"). VIX®
is a registered trademark of Chicago Board Options Exchange,
Incorporated ("CBOE"). These trademarks have been licensed to S&P Dow
Jones Indices LLC ("SPDJI") and its affiliates, and sublicensed to
Barclays Bank PLC for certain purposes. The ETNs are not sponsored,
endorsed, sold or promoted by SPDJI, SPFS, CBOE or any of their
respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow
Jones Indices does not make any representation or warranty, express or
implied, to the owners of the ETNs or any member of the public regarding
the advisability of investing in securities generally or in the ETNs
particularly or the ability of the S&P 500 VIX Futures Indices to track
general market performance.

© 2018 Barclays Bank PLC. All rights reserved. iPath, iPath ETNs and the
iPath logo are registered trademarks of Barclays Bank PLC. All other
trademarks, servicemarks or registered trademarks are the property, and
used with the permission, of their respective owners.

NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

About Barclays

Barclays is a transatlantic consumer and wholesale bank with global
reach, offering products and services across personal, corporate and
investment banking, credit cards and wealth management, with a strong
presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays
operates in over 40 countries and employs approximately 85,000 people.
Barclays moves, lends, invests and protects money for customers and
clients worldwide.

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