NATWEST GROUP PLC USD 2650000000 8.625% Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (Callable August 15, 2021 and Every Five Years Thereafter)
AT1US780097BB64
IssuerNatWest Group
Issuer LEI2138005O9XJIJN4JPN90
SeniorityAT1
Classification basisInstrument name
Total issued nominalUSD 2,650m
CurrencyUSD
Coupon8.625%
Interest typeFixed rate
Maturity datePerpetual
First trade date2016-08-16
Nominal per unitUSD 200,000
CFIDCFUGR
Reference venue (MIC)XEYE
Trading venues2
StatusActive
First seen2026-07-19
Last seen2026-08-04
Similar instruments
All AT1 instrumentsActive fixed rate AT1 instruments in USD with no scheduled maturity, across the entity universe.
Peer instruments
131
Peer median coupon
6.95%
Coupon percentile
93rd
| ISIN | Issuer | Instrument | Coupon | Maturity | Amount |
|---|---|---|---|---|---|
| US05964HBH75 | Banco Santander | SAN 8.000 Perp '34 FRN | 8% | Perpetual | USD 1,500m |
| XS2761357594 | ING Group | ING GROEP N.V. U.S.$ 1,250,000,000 8.00% Perpetual Additional Tier 1 Contingent Convertible Capital Securities | 8% | Perpetual | USD 1,250m |
| US902613BE74 | UBS Group | UBSG 9.250 Perp '33 FRN | 9.25% | Perpetual | USD 1,750m |
| US902613BF40 | UBS Group | UBSG 9.250 Perp '28 FRN | 9.25% | Perpetual | USD 1,750m |
| US404280DT33 | HSBC | HSBC HOLDINGS PLC $2,000,000,000 8.000% Perpetual Subordinated Contingent Convertible Securities (Callable During Any Optional Redemption Period) | 8% | Perpetual | USD 2,000m |
| US06738EBX22 | Barclays | BARC 8.000 Perp '29 FRN | 8% | Perpetual | USD 2,000m |
US05964HBH75Banco Santander
XS2761357594ING Group
US902613BE74UBS Group
US902613BF40UBS Group
US404280DT33HSBC
US06738EBX22Barclays
Other instruments from NatWest Group
Full profile| ISIN | Instrument | Seniority | Coupon | Maturity | Amount |
|---|---|---|---|---|---|
| XS3394864766 | NWG 7 1/2 PERP BOND | AT1 | 7.5% | Perpetual | GBP 500m |
| XS3178106103 | NWG 7.625 Perp '35 FRN | AT1 | 7.625% | Perpetual | GBP 500m |
| XS3016221981 | NWG 7.500 Perp '32 FRN | AT1 | 7.5% | Perpetual | GBP 750m |
| US639057AT53 | NWG 7.300 Perp '34 FRN | AT1 | 7.3% | Perpetual | USD 750m |
| US639057AQ15 | NWG 8.125 Perp '33 FRN | AT1 | 8.125% | Perpetual | USD 1,000m |
| US639057AD02 | NWG 4.600 Perp '31 FRN | AT1 | 4.6% | Perpetual | USD 750m |
| XS2315966742 | NWG 4.500 Perp '28 FRN | AT1 | 4.5% | Perpetual | GBP 400m |
| XS2258827034 | NWG 5.125 Perp '27 FRN | AT1 | 5.125% | Perpetual | GBP 1,000m |
XS3394864766NWG 7 1/2 PERP BOND
XS3178106103NWG 7.625 Perp '35 FRN
XS3016221981NWG 7.500 Perp '32 FRN
US639057AT53NWG 7.300 Perp '34 FRN
US639057AQ15NWG 8.125 Perp '33 FRN
US639057AD02NWG 4.600 Perp '31 FRN
XS2315966742NWG 4.500 Perp '28 FRN
XS2258827034NWG 5.125 Perp '27 FRN