Barclays will begin to buy back approximately US$14.8 billion structured notes and US$2.8 billion of exchange-traded notes (ETNs).

The products were issued in excess of what it had registered on Form F-3 filed with the SEC on 23 May 2022. The UK bank expects to commence the proposed rescission offer on 1 August, which will be open till 12 September. Additionally, Barclays plans to resume further issuances and sales by the bank and its affiliates of each series of iPath ETNs ETNs listed on NYSE Arca and CBoe BZX on August 1, which had been suspended since as early as 14 March. The issuer will make a further announcement of

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