Interest rate: Fixed rate until 7 August 2035. Then resets on the First Reset Date and every 5 years thereafter at the rate per annum equal to the sum of 5y Constant Maturity Treasury (CMT) + initial margin (no step-up).
Use of Proceeds
An amount equal (or equivalent in another currency) to the net proceeds of the Notes will be incorporated in the ordinary capital resources of the Bank and used in its ordinary operations