Bond Barclay PLC 0% ( US06744CW726 ) in USD
Issuer | Barclay PLC |
Market price | 100 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 16/02/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 941 000 USD |
Cusip | 06744CW72 |
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. Barclays PLC, a prominent global financial services company headquartered in London, United Kingdom, has seen the maturity and redemption of one of its debt instruments, identified by the ISIN US06744CW726 and CUSIP 06744CW72, which was issued from the UK and denominated in USD. As a diversified international bank, Barclays PLC provides a wide range of products and services, including retail banking, wholesale banking, investment banking, and wealth management, serving millions of customers and clients worldwide, and this particular bond had a total issue size of 941,000 units, with a minimum purchase size set at 1,000 units. A distinctive characteristic of this instrument was its stated interest rate of 0%, indicating it likely functioned as a zero-coupon bond or was structured for repayment at par upon maturity, which was set for February 16, 2023, and upon its recent maturity, the market price stood at 100% of its nominal value, confirming its successful repayment, despite an indicated payment frequency of 2, typically signifying semi-annual periods. This specific bond issue did not receive a rating from Moody's, being designated as 'NR' (Not Rated), and consequently, this debt obligation has now been fully repaid and removed from the outstanding liabilities of Barclays PLC. |