RNS Number:1617K
Non Conforming Mortgages 1 PLC
17 September 2001


LETTER TO:  COMPANY ANNOUNCEMENTS OFFICE

As Agent Bank, please be advised of the following rate determined on: 
17-SEP-2001.

Issue             :  NON-CONFORMING MORTGAGES 1 PLC - CLASS B
                     #3,300,000 MORTGAGE BACKED FRN DUE 2037                    

ISIN NO           :  XS0096558241

Issue Nominal GBP :  3,300,000.00
Period            :  17-SEP-2001  To  15-OCT-2001    Payment Date  15-OCT-2001 
Number of Days    :  28
Rate              :  7.705
Denomination GBP  :  10,000.00     10,000.00
Amount Payable
Per Denomination  :  59.11


As Agent Bank, please be advised of the following rate determined on: 
17-SEP-2001.

Issue             :  NON-CONFORMING MORTGAGES 1 PLC - CLASS M
                     #6,300,000 MORTGAGE BACKED FRN DUE 2037                    

ISIN NO           :  XS0096557276

Issue Nominal GBP :  6,300,000.00
Period            :  17-SEP-2001  To  15-OCT-2001    Payment Date  15-OCT-2001 
Number of Days    :  28
Rate              :  6.255
Denomination GBP  :  10,000.00     10,000.00
Amount Payable
Per Denomination  :  47.98


As Agent Bank, please be advised of the following rate determined on: 
17-SEP-2001.

Issue             :  NON-CONFORMING MORTGAGES 1 PLC - CLASS A
                     MORTGAGE BACKED FRN DETACHABLE COUPONS

ISIN NO           :  XS0096552715

Issue Nominal GBP :  56,400,000.00
Period            :  17-SEP-2001  To  15-OCT-2001    Payment Date  15-OCT-2001 
Number of Days    :  28
Rate              :  0.15342465753               Pool Factor: 0.2694
Denomination GBP  :  2,694.00
Amount Payable
Per Denomination  :  4.13


As Agent Bank, please be advised of the following rate determined on: 
17-SEP-2001.

Issue             :  NON-CONFORMING MORTGAGES 1 PLC - CLASS A
                     #56,400,000 MORTGAGE BACKED FRN DUE 2037                   
ISIN NO           :  XS0096552392

Issue Nominal GBP :  56,400,000.00
Period            :  17-SEP-2001  To  15-OCT-2001    Payment Date  15-OCT-2001 
Number of Days    :  28
Rate              :  5.355               Pool Factor: 0.2694
Denomination GBP  :  2,694.00
Amount Payable
Per Denomination  :  11.07

From:  Chase Manhattan Bank


Non C.m.1 A Frn (LSE:97NP)
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Non C.m.1 A Frn (LSE:97NP)
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