FRN Variable Rate Fix
February 13 2002 - 2:05AM
UK Regulatory
RNS Number:3756R
Silver No.1 PLC
12 February 2002
RE: SILVER No.1 PLC
EUR 157,000,000 Class A1B Mortgage Backed Floating Rate Notes due 2027
ISIN: XS0127264900
****RESENDING WITH PRINCIPAL REPAYMENT AMOUNT*********
Please be advised that the EUR Deposit Interpolation Rate has been determined
as: 3.35300%
For the period: 15-Jan-02 to 15-Feb-02
Beginning
Principal Factor per
Class Outstanding All-in-Rate Days Interest Due 1,000
EUR 157m Class A1B 110,187,689.53 3.83300% 31 363,689.77 2.31650
Principal Amount Current Pool
Amortising Factor New Pool Factor
Class A1B
4,770,506.39 0.70183241738854 0.67144702636943
The next payment date will be on:
15-Feb-02
RE: SILVER NO.1 PLC
GBP 100,000,000 Class A1A Mortgage Backed Floating Rate
Notes due 2027 ISIN: XS0127219433
GBP 23,500,000 Class M Mortgage Backed Floating Rate
Notes due 2027 ISIN: XS0127268059
GBP 19,500,000 Class B Mortgage Backed Floating Rate
Notes due 2027 ISIN: XS0127268216
GBP 12,500,000 Class C Mortgage Backed Floating Rate
Notes due 2027 ISIN: XS0127268646
GBP 8,000,000 Class D Mortgage Backed Floating Rate
Notes due 2027 ISIN: XS0127268992
****RESENDING WITH PRINCIPAL REPAYMENT AMOUNT*********
Please be advised that the GBP Deposit Interpolation Rate has been determined as:
4.04125%
For the period: 15-Jan-02 to 15-Feb-02
Beginning
Principal Factor per
Class Outstanding All-in-Rate Days Interest Due 1,000
GBP 100m Class A1A 70,183,241.76 4.5412500% 31 270,693.40 2.70693
GBP 23.5m Class M 23,500,000.00 4.6912500% 31 93,632.21 3.98435
GBP 19.5m Class B 19,500,000.00 5.5412500% 31 91,772.21 4.70627
GBP 12.5m Class C 12,500,000.00 6.5412500% 31 69,444.78 5.55558
GBP 8m Class D 8,000,000.00 10.0412500% 31 68,225.48 8.52818
Class A1A
Principal Amount Current Pool Class A1A
Amortising Factor New Pool Factor
Class A1A
3,038,539.10 0.701832417600 0.671447026600
The next payment date will be on:
15-Feb-02
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