US639057AM01 · Corp · USD

Natwest Group Plc 4.97% 2028/03

Natwest Group PlcUnited KingdomGLOBALSenior Unsecured
MID PRICE
101.28
par = 100
YIELD TO MAT.
4.73%
semi-annual
COUPON
4.970%
semi-annual · fixed
MATURITY
2028-03-01
bullet · 1.83y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. NatWest International is a trading name of RBS International, which also sits outside the ringfence.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
1.71 y
1bp ↑ ≈ -0.017% P&L
Convexity
3.85
higher = more curvature
Years to maturity
1.83 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares Floating Rate Bond
iShares
US Floating Rate$14.5M▲ $3K0.16%2026-04-30
SPDR Bloomberg Investment Grade Floating Rate
SPDR
US IG Floating Rate$2.5M▲ $1970.09%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

25/ 100Early footprint
Interpretation. Light institutional footprint, holding
HOLDERS
2
unchanged in 7d
AGGREGATE EXPOSURE
$17.0M
USD across all
TOP CONCENTRATION
85.4%
largest holder
FLOW
▲ $15K
unchanged in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
101,285 USD
PRICE
101.28

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
NWG Float 03/01/28
FIGI
BBG01LQ9CQ94
CUSIP
639057AM0
ISIN
US639057AM01
Type
Corp
Issued
2024-02-29
Face value
100 USD
Ticker
NWG F 03/01/28
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

NWG · 10 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.