Bond Barclay PLC 0% ( US06747Q6C64 ) in USD

Issuer Barclay PLC
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  US06747Q6C64 ( in USD )
Interest rate 0%
Maturity 31/01/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 506 000 USD
Cusip 06747Q6C6
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
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 recently matured debt security highlights a specific bond issued by Barclays PLC, a prominent British multinational universal bank with a significant global presence across retail, wholesale, wealth management, and investment banking sectors. This fixed-income instrument, identified by ISIN US06747Q6C64 and CUSIP 06747Q6C6, was denominated in U.S. Dollars and originated from the United Kingdom. Notably, this bond was characterized by a 0% interest rate, classifying it as a zero-coupon bond, meaning investors did not receive periodic interest payments but rather realized their return from the difference between the purchase price and the par value received at maturity. Despite a listed payment frequency of 2, which typically signifies semi-annual interest disbursements, this did not apply due to the bond's zero-coupon structure. The total issuance size for this particular security amounted to $506,000 in notional value, with a minimum purchase increment set at $1,000. Prior to its expiration, the bond traded at its par value of 100% on the market. The instrument reached its scheduled maturity on January 31, 2022, and has since been fully redeemed by Barclays PLC, underscoring the issuer's consistent commitment to meeting its financial obligations to debt holders.