21.4 yr: Registration: Reg S Only; Comments: GBP300m 21.4yr 31 Mar 2039 bmk fxd snr sec. Had London r/s Nov 7 for 20-25yr. Baa1/BBB+. Barc/BNPP/NatWest. IPTs G+125 area, guidance G+120 (+/-3 WPIR), launched 300m at G+117 on bks c.800m. (vs Gilt 4q39 at 144.389 mid, 144.384 bid, HR69%). FTT 3:50pm;