Bond United Kingdom plc 0% ( GB00BP1V2229 ) in GBP

Issuer	United Kingdom plc
Market price	100 % ⇌
Country	United Kingdom
ISIN code	GB00BP1V2229 ( in GBP )
Interest rate	0%
Maturity	30/05/2022 - Bond has expired
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Minimal amount	1 GBP
Total amount	2 499 994 000 GBP
Detailed description	The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland. The GB00BP1V2229 bond, a Gilt issued by the United Kingdom, a prominent global economic power and G7 member known for its stable political environment, robust legal framework, and strong creditworthiness, represented a zero-coupon sovereign debt instrument denominated in GBP. This particular issuance, which had a total size of £2,499,994,000 and a minimum purchase unit of £1, was characterized by a 0% coupon rate and was quoted at 100% of its nominal value prior to its full redemption. Originating from the United Kingdom as its country of issuance, this obligation reached its scheduled maturity on May 30, 2022, and has subsequently been fully repaid to bondholders, concluding its lifecycle as a debt instrument within the British government's public finance portfolio.