Amount: £200m lower tier two capital
Maturity: 30 March 2017
Issue/re-offer price: 99.876
Coupon: 5.75% until 30 March 2012; thereafter coupon steps up by 50bp if not called
Call option: at par from 30 March 2012
Spread at re-offer: 68bp over the 5% 2012 Gilt
Launch date: Wednesday 21 March ...
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