FRN Variable Rate Fix

Summary by AI BETAClose X

National Grid Electricity Transmission fixed the floating-rate for its Series 23 RPI-indexed bonds (ISIN XS0232785021), nominal GBP25,000,000, for the period 17/10/2026–17/04/2027 at 4.435917% over 182 days, yielding GBP1,108.98 payable per GBP50,000 denomination and GBP554,489.61 in aggregate, payable on 19 April 2027; the issue matures on 17 October 2035.

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