FRN Variable Rate Fix

Summary by AI BETAClose X

Barclays Bank UK plc has fixed the interest rate on its GBP 1,250,000,000 floating rate note (ISIN XS1996391618), maturing 15-May-2034, at 4.53% for the period 17-Aug-2026 to 16-Nov-2026 (day basis ACT/365(FIX)); interest payable on 16-Nov-2026 will be GBP 11.29 per GBP 1,000 denomination. This determination sets the upcoming quarterly coupon and establishes the issuer's near-term funding cost for that security.

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