Barclays has launched a sterling-denominated additional tier 1 (AT1) bond with a duration of 6.3 years, featuring a first call date on September 15, 2031, and an initial price talk around 8.75%. Order books have exceeded £3.5 billion ($4.6 billion), with proceeds aimed at general corporate purposes. This issuance is part of a broader trend among European banks, including Sabadell, AIB Group, and Erste Group, to launch AT1 bonds this week.