FRN Variable Rate Fix
January 23 2007 - 2:05AM
UK Regulatory
National Grid Electricity Transmission plc
As Agent Bank, please be advised of the following rate determined on:18-Dec-2006
Issue : National Grid Electricity Transmission plc - Series 38
GBP 25,000,000 Index Linked FRN due 28 Jul 2056
ISIN Number : XS0262082117
Common Code / : 26208211
144A ISIN
Issue Nomin GBP : 25,000,000.00
Period : 29-Jan-2007 to 30-Jul-2007 Payment Date 30-Jul-2007
Number of Days : 182
Rate : 1.61270779805
Denomination GB : 50,000.00 25,000,000.0
Amount Payable
per Denomination : 403.18 201,588.47
Rate Fix Desk Telephone 44(0) 1202 32 8236
Institutional Trust Services Facsimile 44(0) 1202 34 7939
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