Bond United Kingdom plc 3% ( GB0009031211 ) in GBP

Issuer	United Kingdom plc
Market price	100 % ⇌
Country	United Kingdom
ISIN code	GB0009031211 ( in GBP )
Interest rate	3% per year ( payment 1 time a year)
Maturity	Perpetual
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Minimal amount	1 GBP
Total amount	58 212 000 GBP
Next Coupon	01/01/2026 ( In 148 days )
Detailed description	The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland. Comprehensive Analysis of the United Kingdom's Perpetual Gilt (ISIN: GB0009031211) The bond identified by ISIN GB0009031211 is a perpetual obligation issued by the United Kingdom, representing a unique instrument within the sovereign debt market. Currently trading at 100% of its nominal value, this Gilt is denominated in Great British Pounds (GBP) and offers investors a fixed annual interest rate (coupon) of 3%. With a total issue size of £58,212,000, this bond is structured for broad accessibility, allowing for a minimum purchase of just 1 unit. Interest payments are disbursed once per year, providing a consistent income stream to bondholders. Its perpetual maturity is a defining characteristic, meaning the principal amount is never repaid, and investors receive interest payments indefinitely, or until the issuer decides to redeem it (which is rare for perpetuals). This feature distinguishes it from conventional bonds with a defined maturity date. The issuer, the United Kingdom, holds a prominent position as a major global economy with a long-standing reputation for fiscal discipline and robust financial markets. The UK government, through institutions like the Debt Management Office (DMO), issues these sovereign bonds, known as Gilts, primarily to finance public expenditure and manage its national debt. Perpetual Gilts, while less common in modern issuances, have a rich history in the UK, notably including "Consols" and "War Loans" which served similar purposes of providing a perpetual income to investors. Investments in UK Gilts are widely regarded as low-risk assets within the British financial landscape due to the government's high creditworthiness and its capacity to meet its financial obligations, making this specific perpetual bond an attractive consideration for investors prioritizing long-term, stable income from a highly reputable sovereign entity.