# EDGAR Filing Document

**Accession Number:** 0000312070
**File Stem:** 0000950103-25-015629
**Filing Date:** 2025-12
**Character Count:** 10842
**Document Hash:** 1041ff6572b084cbd21326d145da7552
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-25-015629.hdr.sgml**: 20251202

**ACCESSION NUMBER**: 0000950103-25-015629

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251202

**DATE AS OF CHANGE**: 20251202

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARCLAYS BANK PLC
- **CENTRAL INDEX KEY:** 0000312070
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-287303
- **FILM NUMBER:** 251543620

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CHURCHILL PLACE
- **STREET 2:** CANARY WHARF
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** E14 5HP
- **BUSINESS PHONE:** 0044-20-3555-4619

**MAIL ADDRESS:**
- **STREET 1:** 1 CHURCHILL PLACE
- **STREET 2:** CANARY WHARF
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** E14 5HP

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS BANK PLC /ENG/
- **DATE OF NAME CHANGE:** 19990402

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS BANK INTERNATIONAL LTD
- **DATE OF NAME CHANGE:** 19850313
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARCLAYS BANK PLC
- **CENTRAL INDEX KEY:** 0000312070
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CHURCHILL PLACE
- **STREET 2:** CANARY WHARF
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** E14 5HP
- **BUSINESS PHONE:** 0044-20-3555-4619

**MAIL ADDRESS:**
- **STREET 1:** 1 CHURCHILL PLACE
- **STREET 2:** CANARY WHARF
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** E14 5HP

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS BANK PLC /ENG/
- **DATE OF NAME CHANGE:** 19990402

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BARCLAYS BANK INTERNATIONAL LTD
- **DATE OF NAME CHANGE:** 19850313

Free Writing Prospectus<br> Filed pursuant to Rule 433<br> Registration Statement No. 333-287303<br> Dated December 2, 2025

CAPPED NOTES WITH ABSOLUTE RETURN BUFFER

Capped Notes with Absolute Return Buffer Linked to the S&P 500<sup>®</sup> Index

---

| | |
|:---|:---|
| **Issuer** | Barclays Bank PLC ("Barclays"). References on this page to "we," "us" or "our" mean Barclays. |
| **Principal Amount** | $10.00 per unit |
| **Term** | Approximately 14 months |
| **Market Measure** | The S&P 500<sup>®</sup> Index (Bloomberg symbol: "SPX") |
| **Payout Profile at Maturity** | · 1-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value<br> · A positive return equal to the absolute value of the percentage decline in the Market Measure only if the Market Measure does not decline by more than [5.00% to 10.00%] (e.g., if the negative return of the Market Measure is -3%, you will receive a positive return of +3%)<br> · 1-to-1 downside exposure to decreases in the Market Measure beyond a [5.00% to 10.00%] decline, with [95.00% to 90.00%] of your principal at risk |
| **Capped Value** | $11.00 per unit, a return of 10.00% over the principal amount |
| **Participation Rate** | 100% |
| **Threshold Value** | [95.00% to 90.00%] of the Starting Value of the Market Measure, to be determined on the pricing date |
| **Preliminary Offering Documents** | [**http://www.sec.gov/Archives/edgar/data/312070/000095010325015613/<br>dp237891_424b2-8076baml.htm**](http://www.sec.gov/Archives/edgar/data/312070/000095010325015613/dp237891_424b2-8076baml.htm) |
| **Exchange Listing** | No |

---

***You should read the relevant Preliminary Offering Documents before you invest. Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.***

**Risk Factors**

**Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:**

&nbsp;&nbsp;&nbsp;&nbsp;· Depending on the performance of the Market Measure as measured shortly before
the maturity date, your investment may result in a loss; there is no guaranteed return of principal.

&nbsp;&nbsp;&nbsp;&nbsp;· Your return on the notes may be less than the yield you could earn by owning
a conventional fixed or floating rate debt security of comparable maturity.

&nbsp;&nbsp;&nbsp;&nbsp;· Your investment return based on any increase in the value of the Market Measure
is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the securities included
in the Market Measure.

&nbsp;&nbsp;&nbsp;&nbsp;· Your potential for a positive return based on the depreciation of the Market
Measure is limited and may be less than that of a comparable investment that takes a short position directly in the Market Measure (or
the securities included in the Market Measure). The absolute value return feature applies only if the Ending Value is less than the Starting
Value but greater than or equal to the Threshold Value. Because the Threshold Value will be [95.00% to 90.00%] of the Starting Value,
any positive return due to the depreciation of the Market Measure will be limited to [5.00% to 10.00%]. The actual Threshold Value, and
by extension the cap on the positive return due to the depreciation of the Market Measure, will be determined on the pricing date. Any
decline in the Ending Value from the Starting Value by more than [5.00% to 10.00%] will result in a loss, rather than a positive return,
on the notes.

&nbsp;&nbsp;&nbsp;&nbsp;· Payments on the notes, including repayment of principal, are subject to the
credit risk of Barclays and to the risk of exercise of any U.K. Bail-in Power or any other resolution measure by the relevant U.K. resolution
authority. If Barclays becomes insolvent, is unable to pay its obligations, or any other resolution measure is exercised, you may lose
your entire investment.

&nbsp;&nbsp;&nbsp;&nbsp;· The initial estimated value of the notes on the pricing date is expected to
be lower than their public offering price.

&nbsp;&nbsp;&nbsp;&nbsp;· If you attempt to sell the notes prior to maturity, their market value may
be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

&nbsp;&nbsp;&nbsp;&nbsp;· A trading market is not expected to develop for the notes.

&nbsp;&nbsp;&nbsp;&nbsp;· Our business, hedging and trading activities, and those of MLPF&S, BofAS
and our respective affiliates (including trades in the securities included in the Market Measure), and any hedging and trading activities
we, MLPF&S, BofAS or our respective affiliates engage in for our clients' accounts, may affect the market value and return of
the notes and may create conflicts of interest with you.

&nbsp;&nbsp;&nbsp;&nbsp;· There may be potential conflicts of interest involving the calculation agents,
which are Barclays and BofAS.

&nbsp;&nbsp;&nbsp;&nbsp;· The Market Measure sponsor may adjust the Market Measure in a way that affects
its level, and has no obligation to consider your interests.

&nbsp;&nbsp;&nbsp;&nbsp;· You will have no rights of a holder of the securities included in the Market
Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.

&nbsp;&nbsp;&nbsp;&nbsp;· While we, MLPF&S, BofAS or our respective affiliates may from time to
time own the securities included in the Market Measure, except to the extent that shares of Bank of America Corporation, the parent corporation
of MLPF&S and BofAS, are included in the Market Measure, we, MLPF&S, BofAS and our respective affiliates do not control the issuers
of those securities, and have not verified any disclosure made by any other company.

&nbsp;&nbsp;&nbsp;&nbsp;· The U.S. federal income tax consequences of an investment in the notes are
uncertain.

***Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.***

 ****

![](image_001.jpg)

***The graph above and the table below reflect the hypothetical return on the notes, based on the terms contained in the table to the left (using the mid-point for any range(s)). The graph and the table have been prepared for purposes of illustration only and do not take into account any tax consequences from investing in the notes.***

---

| | | |
|:---|:---|:---|
| **Hypothetical Percentage Change from the Starting Value to the Ending Value** | **Hypothetical Redemption Amount per Unit** | **Hypothetical Total Rate of Return on the Notes** |
| -100.00% | $0.75 | -92.50% |
| -50.00% | $5.75 | -42.50% |
| -30.00% | $7.75 | -22.50% |
| -20.00% | $8.75 | -12.50% |
| -10.00% | $9.75 | -2.50% |
| 7.50%<sup>(1)</sup> | $10.75<sup>(2)</sup> | 7.50% |
| -5.00% | $10.50 | 5.00% |
| -3.00% | $10.30 | 3.00% |
| 0.00% | $10.00 | 0.00% |
| 2.00% | $10.20 | 2.00% |
| 3.00% | $10.30 | 3.00% |
| 5.00% | $10.50 | 5.00% |
| 10.00% | $11.00<sup>(3)</sup> | 10.00% |
| 20.00% | $11.00 | 10.00% |
| 30.00% | $11.00 | 10.00% |
| 50.00% | $11.00 | 10.00% |
| 100.00% | $11.00 | 10.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) This hypothetical percentage change corresponds to the hypothetical Threshold Value.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Any positive return based on the depreciation of the Market Measure cannot exceed the return represented by the hypothetical Threshold
Value.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Any positive return based on the appreciation of the Market Measure cannot exceed the return represented by the Capped Value.

Barclays Bank PLC (Barclays) has filed a registration statement (which includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you invest, you should carefully read the prospectus in that registration statement and other documents that Barclays has filed with the SEC for more complete information about Barclays and any offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR on the SEC Website at **www.sec.gov**. Barclays's Central Index Key, or CIK, on the SEC website is 312070. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any offering described in this document if you so request by calling toll-free 1-800-294-1322. Barclays faces risks that are specific to its business, and we encourage you to carefully consider these risks before making an investment in its securities.