Bond West Power Distribution 1.75% ( XS2050806434 ) in GBP

Issuer	West Power Distribution
Market price	83.5 % ▼
Country	United Kingdom
ISIN code	XS2050806434 ( in GBP )
Interest rate	1.75% per year ( payment 1 time a year)
Maturity	08/09/2031
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Minimal amount	/
Total amount	/
Next Coupon	09/09/2026 ( In 156 days )
Detailed description	Western Power Distribution is a British electricity distribution network operator serving a large part of central and southern England. A specific fixed-income instrument issued by Western Power Distribution, a significant player in the United Kingdom's energy infrastructure, is currently available on the market for investor consideration. Western Power Distribution (WPD) is one of the largest electricity distribution network operators in the UK, responsible for delivering electricity to millions of customers across the Midlands, South West, and South Wales. As a regulated utility, WPD benefits from a stable revenue stream and a critical role in national infrastructure, making its debt instruments potentially attractive to investors seeking exposure to essential services. This particular bond, identified by ISIN code XS2050806434, is denominated in Great British Pounds (GBP) and features an annual interest rate, or coupon, of 1.75%. The instrument is set to mature on September 8, 2031, providing a defined period for capital return. Interest payments are scheduled annually, aligning with a common payment frequency for corporate bonds. On the secondary market, this bond, issued in the United Kingdom, is presently trading at 82.61% of its par value. This current market price, below 100%, indicates that the bond is trading at a discount, which would translate to a yield-to-maturity higher than its nominal coupon rate for a new investor purchasing it at this price point.