Bond United Kingdom plc 0% ( GB00B7P5B836 ) in GBP
Issuer | United Kingdom plc |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/10/2014 - Bond has expired |
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Minimal amount | 1 GBP |
Total amount | 1 500 000 000 GBP |
Detailed description |
The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland. This financial instrument, identified by ISIN GB00B7P5B836, is a bond issued by the United Kingdom. The issuer, the United Kingdom, represents a highly established sovereign entity renowned for its robust economic framework, a long-standing history of fiscal stability, and a deep, liquid bond market. As the country of issuance, the United Kingdom's treasury stood behind this obligation. Denominated in Great British Pounds (GBP), this specific bond featured a zero percent interest rate, indicating it was likely structured as a zero-coupon bond or a similar discount instrument, where the return to investors was derived from the difference between the purchase price and the face value at maturity. The total issuance size for this bond was set at £1,500,000,000, with a minimum purchase size of 1 unit. This bond reached its maturity on October 20, 2014, at which point its market price was 100% of its face value. Its payment frequency, noted as 1, primarily referred to the single principal repayment upon its maturity. As explicitly stated, this bond has successfully reached its maturity and has been fully repaid to its holders. |