Obbligazione Nationwide Mutual 0.5% ( XS1569896498 ) in EUR

Nationwide Mutual

100 EUR ⇌

Regno Unito

XS1569896498 ( in EUR )

0.5% per anno ( pagato 1 volta l'anno)

23/02/2024 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Nationwide Building Society XS1569896498 in EUR 0.5%, scaduta

Nationwide Building Society è una delle più grandi società di mutui ipotecari e banche del Regno Unito, operante con un modello mutualistico, offrendo una gamma di prodotti e servizi finanziari ai suoi membri.

The Obbligazione issued by Nationwide Mutual ( United Kingdom ) , in EUR, with the ISIN code XS1569896498, pays a coupon of 0.5% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 23/02/2024

EXECUTION VERSION
FINAL TERMS
22 February 2017
Nationwide Building Society
Issue of EUR1,000,000,000 0.5% Series 2017-01 Regulated Covered Bonds due 23 February 2024
irrevocably and unconditionally guaranteed as to payment of principal and interest by
Nationwide Covered Bonds LLP
under the 45 billion Global Covered Bond Programme
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the
prospectus dated 29 July 2016, which constitutes a base prospectus for the purposes of the Prospectus
Directive (Directive 2003/71/EC) (the Prospectus Directive), as supplemented by a supplemental
prospectus dated 12 August 2016, a supplemental prospectus dated 18 November 2016 and a supplemental
prospectus dated 10 February 2017 (together, the Prospectus). This document constitutes the Final Terms of
the Covered Bonds described herein for the purposes of Article 5.4 of the Prospectus Directive and must be
read in conjunction with the Prospectus. Full information on the Issuer, the LLP and the offer of the Covered
Bonds is only available on the basis of the combination of these Final Terms and the Prospectus. The
Prospectus and all documents incorporated by reference therein are available for viewing during normal
business hours at the registered office of the Issuer and copies may be obtained from the specified office of
each of the Paying Agents.
The LLP is not now, and immediately following the issuance of the Covered Bonds pursuant to the Trust
Deed will not be, a "covered fund" for purposes of regulations adopted under Section 13 of the Bank Holding
Company Act of 1956, as amended, commonly known as the "Volcker Rule". In reaching this conclusion,
although other statutory or regulatory exemptions under the Investment Company Act of 1940, as amended,
and under the Volcker Rule and its related regulations may be available, the LLP has relied on the exemption
from registration set forth in Section 3(c)(5)(C) of the Investment Company Act of 1940, as amended. See
"Certain Investment Company Act Considerations" in the Prospectus dated 29 July 2016.

1.
(a)
Issuer:
Nationwide Building Society
(b)
Guarantor:
Nationwide Covered Bonds LLP
2.
(a)
Series Number:
2017-01
(b)
Tranche Number:
1
(c)
Series which Covered Bonds will be Not Applicable
consolidated and form a single Series
with:
(d)
Date on which the Covered Bonds Not Applicable
will be consolidated and form a
single Series with the Series specified
above:
3.
Specified Currency or Currencies:
Euro (EUR or )

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4.
Nominal Amount of Covered Bonds to be 1,000,000,000
issued:
5.
Aggregate Nominal Amount of Covered
Bonds:
(a)
Series:
1,000,000,000
(b)
Tranche:
1,000,000,000
6.
Issue Price:
99.815 per cent. of the Aggregate Nominal Amount
7.
(a)
Specified Denominations:
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000
(b)
Calculation Amount:
1,000
8.
(a)
Issue Date:
23 February 2017
(b)
Interest Commencement Date:
Issue Date
9.
(a)
Final Maturity Date:
23 February 2024
(b)
Extended Due for Payment Date of 23 February 2025
Guaranteed Amounts corresponding
to the Final Redemption Amount
under the Covered Bond Guarantee:
10.
Interest Basis:
0.5 per cent. Fixed Rate
11.
Redemption/Payment Basis:
100 per cent. of the nominal value
12.
Change of Interest Basis:
Paragraph
15
(Fixed
Rate
Covered
Bond
Provisions) is applicable for the period from and
including the Interest Commencement Date to but
excluding the Final Maturity Date and paragraph 16
(Floating Rate Covered Bond Provisions) is
applicable for the period from and including the
Final Maturity Date to but excluding the Extended
Due for Payment Date.
13.
Call Options:
Not Applicable
14.
Date Board approval for issuance of Covered 19 October 2005
Bonds obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Covered Bond Provisions:
Applicable from and including the Interest
Commencement Date to but excluding the Final
Maturity Date
(a)
Fixed Rate(s) of Interest:
0.5 per cent. per annum payable in arrear on each
Interest Payment Date

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(b)
Interest Payment Date(s):
23 February in each year from and including 23
February 2018 up to and including the Final
Maturity Date
(c)
Business Day Convention:
Following Business Day Convention
(d)
Business Day(s):
TARGET2, London
Additional Business Centre(s):
Not Applicable
(e)
Fixed Coupon Amount(s):
5.00 per Calculation Amount
(f)
Initial Broken Amount:
Not Applicable
(g)
Final Broken Amount:
Not Applicable
(h)
Day Count Fraction:
Actual/Actual (ICMA)
(i)
Determination Date(s):
23 February in each year
16.
Floating Rate Covered Bond Provisions:
Applicable from and including the Final Maturity
Date to but excluding the Extended Due for
Payment Date
(a)
Interest Period(s):
The period from and including the Final Maturity
Date or, as the case may be, a Specified Interest
Payment Date, to but excluding the following
Specified Interest Payment Date
(b)
Specified Interest Payment Date(s):
23 March 2024 and thereafter, the 23rd calendar day
of each other month up to and including the
Extended Due for Payment Date
(c)
First Interest Payment Date:
23 March 2024
(d)
Business Day Convention:
Modified Following Business Day Convention
(e)
Additional Business Centre(s):
Not Applicable
(f)
Manner in which the Rate(s) of Screen Rate Determination
Interest is/are to be determined:
(g)
Party responsible for calculating the Not Applicable
Rate(s) of Interest and/or Interest
Amount (if not the Agent):
(h)
Screen Rate Determination:
Applicable
- Reference Rate:
1 month EURIBOR
- Interest Determination Date(s):
Second TARGET2 Day prior to the start of each
Interest Period
- Relevant Screen Page:
Reuters Screen Page EURIBOR01

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(i)
ISDA Determination:
Not Applicable
(j)
Margin(s):
+0.236 per cent. per annum
(k)
Minimum Rate of Interest:
0.00 per cent.
(l)
Maximum Rate of Interest:
Not Applicable
(m)
Day Count Fraction:
Actual/360
17.
Zero Coupon Covered Bond Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION BY THE ISSUER
18.
Call Option:
Not Applicable
19.
Final Redemption Amount of each Covered 1,000 per Calculation Amount
Bond:
20.
Early Redemption Amount(s) per Calculation 1,000 per Calculation Amount
Amount payable on redemption for taxation
reasons, on acceleration following an Issuer
Event of Default or an LLP Event of Default:
GENERAL PROVISIONS APPLICABLE TO THE COVERED BONDS
21.
Form of Covered Bonds:
Bearer Covered Bonds:

Temporary Global Covered Bond exchangeable for
a Permanent Global Covered Bond which is
exchangeable for Bearer Definitive Covered Bonds
in definitive form only after an Exchange Event
22.
New Global Covered Bond:
Yes
23.
Additional Financial Centre(s) relating to Not Applicable
payment dates:
24.
Talons for future Coupons to be attached to No
Bearer Definitive Covered Bonds (and dates
on which such Talons mature):
25.
Redenomination,
renominalisation
and Not Applicable
reconventioning provisions:

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PART B OTHER INFORMATION
1.
LISTING

(a)
Admission to trading:
Application has been made by the Issuer (or on its
behalf) for the Covered Bonds to be admitted to
trading on the London Stock Exchange's Regulated
Market and to the Official List of the Financial
Conduct Authority with effect from the Issue Date.
(b)
Estimate of total expenses related to £3,650
admission to trading:
2.
RATINGS

(a)
The Covered Bonds to be issued are expected S & P:
AAA
to be rated:
Moody's:
Aaa
Fitch:
AAA
3.
PROVISIONS RELATING TO THE JUMBO INTEREST RATE SWAP 1 TRANSACTION
BMR Spread:
1.60 per cent. per annum
Fixed Rate Spread:
1.30 per cent. per annum
SMR Spread:
3.00 per cent. per annum
Tracker Rate Spread:
1.50 per cent. per annum
4.
PROVISIONS RELATING TO THE JUMBO INTEREST RATE SWAP 2 TRANSACTION
BMR Spread:
1.60 per cent. per annum
Fixed Rate Spread:
1.30 per cent. per annum
SMR Spread:
3.00 per cent. per annum
Tracker Rate Spread:
1.50 per cent. per annum
5.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale and Transfer and Selling Restrictions", so far as the
Issuer and the LLP are aware, no person involved in the issue of the Covered Bonds has an interest
material to the offer. The Dealers and their affiliates have engaged in, and may in the future engage
in, investment banking and/or commercial banking transactions with and may perform other services
for the Issuer and/or the LLP and its or their affiliates in the ordinary course of business.
6.
OPERATIONAL INFORMATION:
(a)
ISIN Code:
XS1569896498
(b)
Common Code:
156989649

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