The UK's second-largest bank by assets, Barclays Plc, said in a statement that investors bought 94.6% of rights issue stock in its recent offering. The share sale by managing banks sold stocks at an aggregate value of around GBP472 million or USD761 million. Barclays had already raised GBP5.6 billion by selling 3.05 billion of its shares at 185 pence or GBP1.85 per share.

London-based Daniel Stewart Securities Plc banking analyst Simon Willis said, "That's a pretty good take up, and I think it leaves Barclays shares well placed to enjoy a good run." The banks who had managed the sale would be selling 172.9 million of the UK bank's remaining stocks, Barclays added in a statement made today.

In order to comply with capital regulations by the UK's Prudential Regulation Authority, major banks like Barclays must have a leverage ratio of 3%.