Bond Barclay PLC 0% ( US06747M5W29 ) in USD
Issuer | Barclay PLC |
Market price | 109.34 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/07/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | / |
Cusip | 06747M5W2 |
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 debt instrument provides insight into its structure and lifecycle, culminating in its recent redemption. The bond, identified by ISIN US06747M5W29 and CUSIP 06747M5W2, was issued by Barclays PLC, a global financial services provider and one of the UK's largest multinational universal banks, headquartered in London, England. Originating from the United Kingdom, this USD-denominated bond had a minimum purchase size of 1,000 units. It carried a notable 0% interest rate, characteristic of a zero-coupon bond, which implies the instrument was likely acquired at a discount and designed to mature at its face value, despite a stated payment frequency of 2, typically indicative of semi-annual coupon distributions. Prior to its maturity, the bond's market price was recorded at 109.34%. The instrument reached its maturity date on July 29, 2022, at which point it was successfully redeemed, thereby fulfilling its obligations to bondholders. |