HSBC Bank Plc UK Regulatory Announcement: FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)-- 

18-May-2026

Issue: New Development Bank

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XS2627297539

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 24-February-2026

Date To: 22-May-2026

Record Date: 21-May-2026

Value Date: 22-May-2026

Index Start: 17-February-2026

Index End: 15-May-2026

Benchmark Rate: 3.65988%

Margin: 1%

Total Rate: 4.65988%

Floor: 0%

Number of Days: 87

Day Count: Actual / 360

Interest Frequency: Quarterly

Denomination: USD 1,000.00

Amount per Denomination:

USD 11.26

Total Amount Due:

USD 1,238,600.00

Interest Per 1K: USD 11.26

Pool Factor: 1

HSBC Bank Plc