4.5 yr: Book size: 830; Registration: Reg S Only; Comments: GBP750m tap of 1.25bn 1.375% Mar 2025. Aaa/AAA/AAA. Barc/Citi/HSBC/RBC(B&D/DM). Guidance UKT5% 2025 +25 area, set G+24 for 500m+, launch 750m on bk >830m (75m JLM). Immediate funge, 188 days AI. Gilt 122.805 mid, 122.795 bid.;
GBP750m tap of 1.25bn 1.375% due 3/7/2025. Collateral Trust Bonds.