Barclays Capital launches second retail bond on LSE

Barclays Capital has launched its second retail bond on the London Stock Exchange, offering investors a 4.5% fixed rate.

The ISA and SIPP eligible 10-year bond, available in denominations of £1,000, offers secondary market liquidity. It is BarCap’s second retail bond, following the launch of its RPI inflation-linked offering in September, which raised about £25m.  With no lock-in restrictions or early redemption penalties, the bond is backed by the credit standing of Barclays Bank PLC. Investor capital is protected if held until maturity. “The latest Barclays Capital bond provides a simple investment proposition,” Barclays Capital director in investor solutions Alex Robinson. “By offering 4.5% per...