This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Metro Bank 12% 04/29 Bond
LATEST BOND PRICE
GBP
---.--
Yield:--.--
SELL
LATEST BOND PRICE
GBP
---.--
Yield:--.--
BUY
Get Access to Bond Prices, Yields & Analytics
10k+ corporate, sovereign and EM bonds
Transparent two-way bond prices from the interbank bond market
Bond Market Daily newsletter and new bond issues
No credit card required- Price
- Yield
Zoom
1w
1m
6m
1y
Max
High: --- | Low:---
Bond Description
Current Coupon
12%
Maturity Date
30/04/2029
Credit Risk
High
Currency
GBP
Seniority
Senior Unsecured
Coupon Type
Fixed-Fixed (Margin-over Index)
Country
GBR
Industry Type
Banks
Callable
Yes
Perpetual
No
Guarantor
None
Bond RatingsB+
Issuer Rating1
B+
Last Rating Action
Upgrade on 2024-11-20
Issuer Rating Watch/Outlook
Rating Outlook Positive
Issue Rating2
B+
Last Rating Action
Upgrade on 2024-11-20
Issuer Rating Action History
28/11/2023
B
Affirmed
Rating Outlook Positive
12/10/2023
B
Rating Watch Revision
Rating Watch Evolving
04/10/2023
B
Rating Watch On
Rating Watch Negative
Yield Analysis
Yield3
7.73
Yield to Call
7.73
Z Spread (bps)
378.3
Duration
2.41
Next Coupon Date
30/10/2025
Accrued Interest
1.574
Next Call Date
30/04/2028
Next Call Price
100
Liquidity
Very Liquid
Next Reset Date
30/04/2028
Reset Index (Current Level)
3.890%
Spread
781.4bp
Reset Index
GUKG1 (UK Gilts 1Y)
Bond Additional Information
ISIN Code
XS2720120596
Registration Type
Regulation S
Amount Issued
525,000,000
Amount Outstanding
525,000,000
Issue Date
30/11/2023
Issue Price
100
Coupon Frequency
2
Day Count
ACT/ACT NON-EOM
Redemption Value
100
Min. Denomination
100,000
Footnotes:
1 Issuer rating is the Long-Term Issuer Default Rating (IDR). Ratings data provided by Fitch Ratings.
2 Issue rating is the Long-Term Issue Rating. Ratings data provided by Fitch Ratings.
3 Yield displays YTM. Exceptions are perpetuals, which will display "Not Applicable", and fix-to-float bonds, which will assume constant rate of coupon projection.
Last traded data sourced from BondCliQ.