Bond Barclay PLC 0% ( XS2033417507 ) in USD

Issuer Barclay PLC
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS2033417507 ( in USD )
Interest rate 0%
Maturity 15/11/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 2 000 000 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.

An overview of a specific debt instrument, identified by the ISIN XS2033417507, reveals it to be a bond issued by Barclays PLC, a globally significant financial services institution headquartered in the United Kingdom, renowned for its diverse operations spanning retail banking, corporate and investment banking, and wealth management across various international markets. This particular security was denominated in United States Dollars (USD), with a total issuance size amounting to 2,000,000 units and a minimum acquisition threshold set at 1,000 units. A distinctive feature of this bond was its zero-coupon structure, reflected in a stated interest rate of 0%, implying that investors did not receive periodic interest payments throughout the bond's lifecycle but rather aimed to realize returns from its principal repayment at par. Although a payment frequency of '2' was indicated, typically signifying semi-annual distributions for coupon-bearing instruments, this specific detail was not applicable given its zero-coupon nature. The bond's fixed maturity date was set for November 15, 2024, and upon reaching this date, its market quotation reflected a price of 100% of its nominal value, consistent with debt instruments approaching their redemption point. As of its maturity date, this bond has successfully concluded its term and has been duly redeemed, signifying the full repayment of its principal value to all rightful bondholders by Barclays PLC.