Bond Granite Peak Issuer 0.746% ( XS0229614465 ) in GBP

Issuer Granite Peak Issuer
Market price refresh price now   100 %  ▲ 
Country  United Kingdom
ISIN code  XS0229614465 ( in GBP )
Interest rate 0.746% per year ( payment 1 time a year)
Maturity 21/12/2054



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Minimal amount 100 000 GBP
Total amount 815 400 000 GBP
Next Coupon 20/12/2025 ( In 5 days )
Detailed description Granite Master Issuer is a limited liability company specializing in providing issuer services for securitizations, primarily in the residential mortgage-backed securities (RMBS) market.

This financial analysis details a specific bond issuance, identified by ISIN XS0229614465, an obligation originating from the United Kingdom. The issuer, Granite Master Issuer, is a crucial special purpose vehicle (SPV) established under English law, primarily associated with Nationwide Building Society; it functions as a securitisation vehicle responsible for issuing mortgage-backed securities (MBS) collateralised by portfolios of residential mortgages, thereby facilitating diversified funding for the underlying mortgage originator. This particular bond, denominated in Great British Pounds (GBP), currently trades at its nominal value, reflecting a market price of 100%. It offers an annual fixed interest rate (coupon) of 0.746%. The total size of this issuance amounts to £815,400,000, with a minimum purchase increment set at £100,000 for investors. This long-dated security features a distant maturity date of December 21, 2054, providing investors with significant long-term exposure, with interest payments scheduled annually.