Barclays PLC is a British multinational banking and financial services corporation headquartered in London, offering a wide range of services including personal and corporate banking, investment banking, and wealth management.
The US06747PAU30 (CUSIP: 06747PAU3) bond, a USD-denominated zero-coupon debt instrument issued from the United Kingdom by Barclays PLC ? a globally recognized British universal bank headquartered in London, known for its extensive operations across retail, wholesale, investment banking, wealth management, and credit card services ? has recently matured and been fully redeemed on February 28, 2023, confirming its repayment at 100% of its face value to investors; this particular issuance was part of a 1,206,000 total size with a minimum purchase unit of 1,000, and although a semi-annual payment frequency (2) was noted, it pertained to principal repayment given the 0% interest rate, with Moody's having assigned an 'NR' (Not Rated) designation to the security.
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