Bond profile

Natwest Group P 4.5% — perpetual

NATWEST GROUP P/4.5EUR NT PERP W/C · ISIN XS2315966742
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Bond terms

ISINXS2315966742
TypeCorporate
IssuerNATWEST GROUP PLC
Coupon typeFixed rate
Annual coupon4.5%
Coupon frequencySemi-annual (estimated from the issue format)
MaturityPerpetual (no maturity)
CurrencyGBP
SeniorityJunior (subordinated)
Amount issued400,000,000 GBP
Trading start09 March 2021
Trading venuesBörse Frankfurt

Perpetual bond: it has no redemption date. The issuer can usually call it at pre-set dates; coupons can run indefinitely. Typically subordinated — for informed investors.

Taxation in Italy

For individuals resident in Italy, interest on corporate bonds is taxed at a substitute rate of 26%. Indicative rate: this is not tax advice.

Objective data from the official EU register (FIRDS/ESMA), refreshed weekly and automatically cross-checked. This page shows no market prices and is not an investment recommendation.

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