Bond Barclay PLC 0% ( XS2300770455 ) in EUR
Issuer | Barclay PLC |
Market price | ![]() |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 02/09/2051 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 000 EUR |
Total amount | 5 000 000 EUR |
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. This bond, ISIN XS2300770455, issued by Barclays PLC, represents a distinctive fixed-income offering available in the market. Denominated in EUR, the total issue volume stands at EUR 5,000,000, with a significant minimum acquisition size of EUR 1,000,000, positioning it for institutional and high-net-worth investors. Originating from the United Kingdom, this instrument features a zero-coupon structure, explicitly indicating a 0% interest rate, and carries a long-dated maturity profile extending to September 2, 2051. Contrary to the typical behavior of zero-coupon bonds, which are generally acquired at a discount to their face value to generate return upon maturity, this particular security is currently observed trading at 100% of its nominal value on the secondary market. Barclays PLC, the entity behind this issuance, is a global financial services leader headquartered in London, UK, recognized for its comprehensive operations spanning retail banking, corporate and investment banking, wealth management, and credit cards across various international geographies. This venerable institution plays a pivotal role in the global financial landscape, supporting diverse economic activities. The bond's inherent design, offering no periodic coupon payments, combined with its current market price at par and its extensive duration until 2051, implies that at its prevailing valuation, it does not provide nominal capital appreciation when held to its maturity date, presenting a specific investment characteristic for portfolio allocation considerations. |