FRN Variable Rate Fix

Summary by AI BETAClose X

Gracechurch Card Programme Funding PLC determined a variable rate on 11/9/2026 for Series 13 - 3 Class D (ISIN XS0992306224): outstanding principal GBP 247,059,000; rate 8.771% for the 32-day period 15/10/2026–16/11/2026 with payment date 16/11/2026; payable amount GBP 7.69 per GBP 1,000, totaling GBP 1,899,795.72. The elevated 8.771% short-term funding rate raises near-term financing cost and may increase pressure on issuer returns and credit spreads.

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