Certificates of Deposits and Commercial Paper
Certificates of Deposit
Sterling and currency funding
A substantial part of short term funding is accessed from the wholesale cash and certificate of deposit markets. We transact principally in GBP, US$ and EUR across a range of UK and international investors.
Short term funding programmes
Global Commercial Paper programme US$25bn
Commercial paper issued in both the ECP and US CP markets.
Negotiable European NEU CP (NEU CP) programme €5bn
Currently only issued in EUR denominated CP.
Nothing on this page or this website (i) constitutes an offer to sell, or a solicitation of an offer to buy, any securities from any person in any jurisdiction, or (ii) constitutes or forms part of any offering document for any security. The instruments and funding programmes referenced on this website involve securities that have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and include securities in bearer form that are subject to U.S. tax law requirements. Subject to certain exceptions, such securities may not be offered, sold or delivered in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act and Section 7701(a)(30) of the U.S. Internal Revenue Code of 1986, as amended). Persons accessing this website are required to inform themselves about and to observe all applicable securities and other laws and regulations in the jurisdictions in which they are resident, located and/or organized. If you are located in the United States or are a US person, some content may be restricted /unavailable in accordance with US securities regulations.