FRN Variable Rate Fix
April 16 2002 - 3:00AM
UK Regulatory
RNS Number:5580U
Silver No.1 PLC
15 April 2002
RE: SILVER N0.1 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
Please be advised that the GBP Deposit Rate has been determined as: 3.96719%
For the period: 15-Apr-02 to 15-May-02
Beginning Principal
Class Outstanding All-in-Rate Days Interest Due Factor per 1,000
GBP 100m Class A1A 62,081,496.16 4.46719% 30 227,942.33 2.27942
GBP 23.5m Class M 23,500,000.00 4.61719% 30 89,181.34 3.79495
GBP 19.5m Class B 19,500,000.00 5.46719% 30 87,624.83 4.49358
GBP 12.5m Class C 12,500,000.00 6.46719% 30 66,443.73 5.31550
GBP 8m Class D 8,000,000.00 9.96719% 30 65,537.69 8.19221
The next payment date will be on:
15-May-02
This information is provided by RNS
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