NEW ISSUE: United Kingdom £ bmk Tap of 5 3/8% 2056 Sr Unsec; UKT+0.75/1.00b
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
ISIN
Guidance
United Kingdom
29yr
31-Jan-56
bmk
Sr Unsec
Fixed
GB00BT7J0241
UKT+0.75/1.00
Guidance: 29yr: UKT+0.75/1.00bp
Issuer:United Kingdom
LEI: ECTRVYYCEF89VWYS6K36
Rating: Aa3 / AA / AA- (stab, stab, stab)
Format: Reg S, Registered Form, Fixed Rate Notes
Tap Size: £ Benchmark
Current O/S: £5.9bn
Maturity: 31-Jan-56
Expected Settlement Date: 9-Sep-26 (T+1)
Coupon: 5 3/8% SA, ACT/ACT
Benchmark: UKT 4 1/4% Treasury Gilt 7-Dec-55 (GB00B06YGN05)
Price Guidance: UKT 4 1/4% Treasury Gilt 7-Dec-55 +0.75/+1.00bps
Denoms: £0.01
Listing: FCA Official List / London Stock Exchange (Main Market)
Law: English Law
Docs: Issuer’s Stand-Alone Documentation
Target Market: UK MiFIR Eligible counterparties, Professional clients, and retail clients only (all distribution channels) MIFID II Eligible counterparties and professional clients (all distribution channels).