Bond United Kingdom plc 0% ( GB00BXRH7X69 ) in GBP

Issuer United Kingdom plc
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  GB00BXRH7X69 ( in GBP )
Interest rate 0%
Maturity 18/12/2017 - Bond has expired



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Minimal amount 1 GBP
Total amount 2 999 994 500 GBP
Detailed description The United Kingdom is a sovereign state in Europe comprising England, Scotland, Wales, and Northern Ireland.

This financial instrument, identified by ISIN GB00BXRH7X69, is a bond issued by the United Kingdom, a sovereign entity with a pivotal role in global finance. As a G7 and G20 member, the UK's bond issuances are integral to its fiscal strategy, facilitating the funding of public expenditure and the management of national debt through its Debt Management Office (DMO). Denominated in Great British Pounds (GBP), this specific bond had a total issue size of 2,999,994,500 units, with a minimum purchase increment of 1 unit. Characterized by a 0% interest rate, it operated as a zero-coupon bond, implying that its value to investors derived from the difference between its purchase price (typically at a discount) and its par value at redemption. Originating from the United Kingdom as its country of issuance, the bond reached its maturity on December 18, 2017. Upon its maturity, the market price stood at 100%, indicating that the principal amount was fully repaid. This particular obligation has indeed completed its lifecycle, having successfully matured and been fully redeemed to its bondholders.