XML 445 R145.htm IDEA: XBRL DOCUMENT v3.22.4
Subordinated liabilities - Redemption (Details)
€ in Millions, £ in Millions, $ in Millions
Dec. 31, 2022
GBP (£)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
EUR (€)
Dec. 31, 2021
GBP (£)
Subordinated liabilities        
Dated loan capital £ 6,266.0     £ 8,647.0
Undated loan capital 173.0     259.0
Preference shares 119.0     119.0
Impact on carrying value due to fair value hedging (298.0)     (596.0)
Subordinated liabilities 6,260.0     8,429.0
NatWest Group plc        
Subordinated liabilities        
Dated loan capital £ 5,820.0     7,689.0
Natwest Group plc, $2,250 million 6.13% notes Maturity dated Dec-2022        
Subordinated liabilities        
Notional amount | $   $ 2,250    
Interest rate 6.13% 6.13% 6.13%  
Dated loan capital       986.0
Natwest Group plc, $2,250 million 5.13% notes Maturity dated May-2024        
Subordinated liabilities        
Notional amount | $   $ 2,250    
Interest rate 5.13% 5.13% 5.13%  
Dated loan capital £ 706.0     956.0
Natwest Group plc, $2,000 million 6.00% notes Maturity dated Dec-2023        
Subordinated liabilities        
Notional amount | $   $ 2,000    
Interest rate 6.00% 6.00% 6.00%  
Dated loan capital £ 536.0     1,073.0
Natwest Group plc, £1,000 million 3.622% notes Maturity dated Aug 2030        
Subordinated liabilities        
Notional amount £ 1,000.0      
Interest rate 3.622% 3.622% 3.622%  
Dated loan capital £ 964.0     995.0
Natwest Group plc, £1,000 million 2.105% notes Maturity dated Nov-2031        
Subordinated liabilities        
Notional amount £ 1,000.0      
Interest rate 2.105% 2.105% 2.105%  
Dated loan capital £ 1,001.0     999.0
Natwest Group plc, $1,000 million 6.10% notes Maturity dated Jun-2023        
Subordinated liabilities        
Notional amount | $   $ 1,000    
Interest rate 6.10% 6.10% 6.10%  
Dated loan capital £ 126.0     354.0
Natwest Group plc, $850 million 3.032% notes Maturity dated Nov-2035        
Subordinated liabilities        
Notional amount | $   $ 850    
Interest rate 3.032% 3.032% 3.032%  
Dated loan capital £ 555.0     584.0
Natwest Group plc, €750 million 1.043% notes Maturity dated Sep-2032        
Subordinated liabilities        
Notional amount | €     € 750.0  
Interest rate 1.043% 1.043% 1.043%  
Dated loan capital £ 665.0     630.0
Natwest Group plc, $750 million 3.754% notes Maturity dated Nov-2029        
Subordinated liabilities        
Notional amount | $   $ 750    
Interest rate 3.754% 3.754% 3.754%  
Dated loan capital £ 626.0     558.0
Natwest Group plc, £650 million 7.416% notes Maturity dated Jun-2023        
Subordinated liabilities        
Notional amount £ 650.0      
Interest rate 7.416% 7.416% 7.416%  
Dated loan capital £ 641.0      
Natwest Group plc, $650 million 6.425% notes Maturity dated Jan-2043        
Subordinated liabilities        
Notional amount | $   $ 650    
Interest rate 6.425% 6.425% 6.425%  
Dated loan capital       554.0
Other subsidiaries, $650 million 6.3% notes Maturity dated Dec-2043        
Subordinated liabilities        
Notional amount | $   $ 650    
Interest rate 6.30% 6.30% 6.30%  
Dated loan capital       39.0
Other subsidiaries, €300 million Floating rate notes Maturity dated jun-2022        
Subordinated liabilities        
Notional amount | €     € 300.0  
Dated loan capital       252.0
Other subsidiaries, €170 million Floating rate notes Maturity dated Feb-2041        
Subordinated liabilities        
Notional amount | €     € 170.0  
Dated loan capital £ 223.0     331.0
Other subsidiaries, $150 million 7.125% notes Maturity dated Oct-93        
Subordinated liabilities        
Notional amount | $   $ 150    
Interest rate 7.125% 7.125% 7.125%  
Dated loan capital £ 18.0     113.0
Other subsidiaries, €145.6 Million Floating rate notes Maturity dated Apr-2023        
Subordinated liabilities        
Notional amount | €     € 145.6  
Dated loan capital £ 122.0     119.0
Other subsidiaries, $136 million 7.75% notes Maturity dated May-2023        
Subordinated liabilities        
Notional amount | $   $ 136    
Interest rate 7.75% 7.75% 7.75%  
Dated loan capital £ 83.0     104.0
Natwest Group plc, $762 million 7.648% notes        
Subordinated liabilities        
Notional amount | $   $ 762    
Interest rate 7.648% 7.648% 7.648%  
Undated loan capital       51.0
Other Subsidiaries 16 Million 5.63 Notes [Member]        
Subordinated liabilities        
Notional amount £ 16.0      
Interest rate 5.63% 5.63% 5.63%  
Undated loan capital £ 18.0     20.0
Other Subsidiaries, £19 million, 5.63% notes        
Subordinated liabilities        
Notional amount £ 19.0      
Interest rate 5.63% 5.63% 5.63%  
Undated loan capital       1.0
Other Subsidiaries, £21 Million 6.2% Notes [Member]        
Subordinated liabilities        
Notional amount £ 21.0      
Interest rate 6.20% 6.20% 6.20%  
Undated loan capital       22.0
Other Subsidiaries 31 Million 7.38 Notes [Member]        
Subordinated liabilities        
Notional amount £ 31.0      
Interest rate 7.38% 7.38% 7.38%  
Undated loan capital £ 2.0     1.0
Other subsidiaries, £53 million 7.125% notes        
Subordinated liabilities        
Notional amount £ 53.0      
Interest rate 7.125% 7.125% 7.125%  
Undated loan capital       56.0
Other subsidiaries, €31 million 11.375% notes        
Subordinated liabilities        
Notional amount | €     € 31.0  
Interest rate 11.375% 11.375% 11.375%  
Undated loan capital £ 48.0     45.0
Other subsidiaries, £35 million 11.5% notes        
Subordinated liabilities        
Notional amount £ 35.0      
Interest rate 11.50% 11.50% 11.50%  
Undated loan capital £ 72.0     31.0
Other subsidiaries, £11 million 11.75% notes        
Subordinated liabilities        
Notional amount £ 11.0      
Interest rate 11.75% 11.75% 11.75%  
Undated loan capital £ 25.0     24.0
Other subsidiaries, £1.1 million SONIA + 2.8266% notes        
Subordinated liabilities        
Notional amount 1.1      
Undated loan capital £ 2.0     2.0
Other subsidiaries, £1.1 million SONIA + 2.8266% notes | SONIA        
Subordinated liabilities        
Borrowings, adjustment to interest rate basis 2.8266% 2.8266% 2.8266%  
Other subsidiaries, 2.5% fixed notes        
Subordinated liabilities        
Notional amount £ 4.9      
Interest rate 2.50% 2.50% 2.50%  
Undated loan capital £ 6.0     6.0
Other subsidiaries, £140 million Non-cumulative preference shares of £1        
Subordinated liabilities        
Notional amount 140.0      
Preference shares £ 119.0     £ 119.0