Bond United Kingdom plc 0% ( GB00BHLJS779 ) in GBP

Issuer	United Kingdom plc
Market price	100 % ⇌
Country	United Kingdom
ISIN code	GB00BHLJS779 ( in GBP )
Interest rate	0%
Maturity	20/06/2021 - Bond has expired
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Minimal amount	1 GBP
Total amount	3 999 985 000 GBP
Detailed description	The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland. This financial analysis details a specific sovereign bond, identified by the ISIN code GB00BHLJS779, issued by the United Kingdom. As the issuer, the United Kingdom is recognized as a highly creditworthy sovereign entity and a major global economy, consistently issuing government bonds, known as Gilts, to finance its public expenditures and manage its national debt. This particular debt instrument was denominated in Great British Pounds (GBP), aligning with the United Kingdom's national currency. A distinctive feature of this bond was its 0% interest rate, indicating it functioned as a zero-coupon bond, a type of debt instrument that does not pay periodic interest but is typically purchased at a discount and redeemed at its full face value upon maturity, with the investor's return derived from the capital appreciation. The total issuance size for this bond was substantial, amounting to 3,999,985,000 GBP, reflecting a significant financing operation undertaken by the UK Treasury. The minimum purchase size was set at 1 unit, likely signifying a nominal value designed for broad investor accessibility. The bond reached its maturity date on June 20, 2021, at which point its market price was reported at 100%, confirming its redemption at par. The provided information explicitly states that this bond has completed its full term, matured, and was subsequently fully redeemed, thereby concluding its lifecycle as a debt obligation of the United Kingdom.