Bond United Kingdom plc 0% ( GB00BHLG8S97 ) in GBP

Issuer	United Kingdom plc
Market price	100 % ⇌
Country	United Kingdom
ISIN code	GB00BHLG8S97 ( in GBP )
Interest rate	0%
Maturity	16/11/2020 - Bond has expired
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Minimal amount	1 GBP
Total amount	5 999 984 000 GBP
Detailed description	The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland. An analysis of a specific debt instrument reveals key details concerning a sovereign bond, identified by the ISIN code GB00BHLG8S97, issued by the United Kingdom. As the issuer, the United Kingdom represents a major global economy and a highly creditworthy sovereign entity, renowned for its stable financial markets and deep bond investor base. This particular bond was denominated in British Pounds (GBP) and was part of a substantial issuance totaling 5,999,984,000 GBP, made accessible to investors with a minimum purchase size of 1 unit. A distinctive feature of this bond was its 0% interest rate, classifying it as a non-coupon bearing instrument, which implies that investors did not receive periodic interest payments throughout the bond's life, with any potential return derived from the difference between the purchase price and the repayment value at maturity. The bond reached its maturity on November 16, 2020, at which point it was repaid at 100% of its face value, aligning with its market price at the time of redemption; the reported payment frequency of 1, in the context of a 0% interest rate bond, confirms this single principal repayment event at maturity. This bond has successfully completed its lifecycle, having matured and been fully repaid to its bondholders on the specified date, thereby concluding its outstanding obligation within the United Kingdom's debt management portfolio.