Bond Barclay PLC 0% ( US06744CQH78 ) in USD

Issuer Barclay PLC
Market price 100 %  ▼ 
Country  United Kingdom
ISIN code  US06744CQH78 ( in USD )
Interest rate 0%
Maturity 03/02/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 911 000 USD
Cusip 06744CQH7
Standard & Poor's ( S&P ) rating N/A
Moody's rating NR
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.

An analysis of a specific bond issuance by Barclays PLC, identified by its ISIN US06744CQH78 and CUSIP 06744CQH7, highlights characteristics of a recently matured debt instrument. Barclays PLC, a globally significant financial institution headquartered in the United Kingdom, operates as a diversified universal bank, providing a wide array of financial services across retail banking, wholesale banking, and investment banking worldwide. This particular bond, denominated in United States Dollars (USD), represented a total nominal issuance size of $911,000, with an accessibility threshold of $1,000 as the minimum purchase increment. A distinguishing feature of this security was its 0% interest rate, classifying it as a zero-coupon bond, typically structured to be purchased at a discount and redeemed at its face value upon maturity, with its market price standing at 100% of par value at the time of its final disposition. The bond reached its scheduled maturity date on February 3, 2023, and has subsequently been fully repaid and extinguished, removing it from the issuer's outstanding liabilities. Although a payment frequency of 2 was indicated, this characteristic is primarily pertinent to coupon-bearing instruments; for this zero-coupon bond, no periodic interest disbursements were made. Moody's, a leading credit rating agency, did not provide a specific rating for this bond, as denoted by an 'NR' (Not Rated) status.