Bond Barclay PLC 0% ( US06747QAY35 ) in USD

Issuer Barclay PLC
Market price 100 %  ▼ 
Country  United Kingdom
ISIN code  US06747QAY35 ( in USD )
Interest rate 0%
Maturity 31/07/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 2 725 000 USD
Cusip 06747QAY3
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.

The recent maturity and redemption of a specific bond issued by Barclays PLC, a globally recognized British universal bank headquartered in London and a leading provider of financial services, has been confirmed. This fixed-income instrument, identified by its ISIN US06747QAY35 and CUSIP 06747QAY3, was originally issued from the United Kingdom in US Dollars. With a total issuance size of 2,725,000 units and a minimum purchase size set at 1,000 units, this bond reached its scheduled maturity date on July 31, 2024. Notably, the bond carried a 0% interest rate, a characteristic often associated with zero-coupon bonds where investor returns are realized through the difference between a discounted issue price and the full principal repayment at maturity. At the time of its approaching maturity, the bond was observed trading at 100% of its face value on the market. Despite a stated payment frequency of two (implying semi-annual, though irrelevant for a zero-coupon instrument), the bond has now been fully redeemed, with principal repaid to investors as scheduled. This event marks the successful conclusion of this particular debt obligation within Barclays PLC's funding portfolio, reinforcing its commitment to managing its financial liabilities.