– 10 year maturity issued by Barclays Bank PLC (AA-/Aa3/AA-)
– 4.5% fixed rate coupon
– Available in £1,000 denominations
– Capital protected if held until maturity
– Secondary market liquidity
– ISA and SIPP eligible
Barclays Capital today announces the launch of a new 10-year bond, offering investors a fixed return of 4.5% per annum payable on a semi-annual basis, with the bonds’ par value of £1,000 returned at maturity.
With no lock-in restrictions or early redemption penalties, together with secondary market liquidity, the bond is designed to offer investors an attractive fixed rate of return backed by the strong credit standing of Barclays Bank PLC.
Investment in the fixed rate bond is available for professional investors from Barclays Capital and through most UK stockbrokers in denominations of £1,000 per bond. The bond will be listed on the London Stock Exchange and also benefits from being both ISA and SIPP eligible.
Alex Robinson, Director in Investor Solutions at Barclays Capital, said: “The latest Barclays Capital bond provides a simple investment proposition. By offering 4.5% per annum and denominations of £1,000, the bond will be particularly attractive to those investors who are income conscious but don’t want to tie up their capital for a long period of time.”
The new fixed rate bond follows last month’s successful RPI inflation-linked bond from Barclays Capital.
 Indicative coupon rate.