Bond Barclay PLC 0% ( XS1998599275 ) in USD

Issuer Barclay PLC
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS1998599275 ( in USD )
Interest rate 0%
Maturity 06/09/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 000 000 USD
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 institution headquartered in London, United Kingdom, which operates across diverse sectors including retail and wholesale banking, wealth management, and investment banking, recently completed the redemption of one of its debt instruments. This specific bond, identified by ISIN XS1998599275, was a USD-denominated obligation with an initial total issuance size of $1,000,000 and a minimum purchase denomination of $1,000. Noteworthy for its 0% interest rate, indicating it likely functioned as a zero-coupon instrument, the bond reached its scheduled maturity date on September 6, 2024. Prior to its maturity, the instrument was observed to be trading at 100% of its par value in the market. Consistent with its terms, the bond has been fully redeemed upon its maturity date.