Bond Barclay PLC 0% ( US06744C3B57 ) in USD
Issuer | Barclay PLC |
Market price | 100 % ▼ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 30/09/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 649 000 USD |
Cusip | 06744C3B5 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | A1 ( Upper medium grade - Investment-grade ) |
Detailed description |
Barclays PLC is a British multinational banking and financial services corporation headquartered in London, offering a wide range of services including personal and corporate banking, investment banking, and wealth management. A detailed analysis of a recently matured debt instrument offers insights into the financial strategy of its issuer, Barclays PLC. Barclays PLC, a globally recognized British universal bank, operates from its London headquarters, providing extensive financial services across retail, corporate, and investment banking sectors, including wealth management. This particular bond, identified by ISIN US06744C3B57 and CUSIP 06744C3B5, was issued from the United Kingdom and denominated in US Dollars. Categorized as a zero-coupon bond, it carried a 0% interest rate and, as reported, reached its market price of 100% at maturity. The total size of this issuance was 649,000 units, with a minimum investment threshold set at 1,000 units. The bond achieved its maturity on September 30, 2024, at which point it was fully redeemed by the issuer. While typically bonds might stipulate a payment frequency, this zero-coupon bond was structured without periodic interest distributions. Its credit quality was affirmed by an A1 rating from Moody's, underpinning the issuer's financial standing. |