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Nationwide Building Society Issues £1 Billion in Covered Bonds
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Nationwide Building Society Issues £1 Billion in Covered Bonds

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Nationwide Building Society ( (GB:NBS) ) has provided an announcement.

Nationwide Building Society has announced the issuance of £1,000,000,000 in Series 2025-01 Floating Rate Regulated Covered Bonds, due in January 2030. This move is part of its €45 billion Global Covered Bond Programme, which aims to enhance the society’s financial stability and offer secured investment opportunities, reflecting its strong position in the financial industry.

More about Nationwide Building Society

Nationwide Building Society is a financial institution that operates in the building society sector, primarily offering financial services such as savings accounts, mortgages, and loans. It focuses on providing secure and competitive financial products to its members and operates within the UK market.

YTD Price Performance: 0%

Average Trading Volume: 505

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.38B

Learn more about NBS stock on TipRanks’ Stock Analysis page.

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