Banking Facilities & Funding Programmes
The committed facilities include £1.8bn of bilateral facilities and a £2.6bn syndicated revolving credit facility.
All facilities incur commitment fees at market rates and would provide funding at floating rates.
The Group has a £15.0bn Euro Medium Term Note programme, of which £6.8bn was in issue at 25 February 2017 (2016: £7.4bn).
Euro Commercial Paper programme
Euro Commercial Paper programme of £2.0bn, £nil of which was in issue at 27 February 2016 (2016: £Nil), and a US Commercial Paper programme of $4.0bn, £nil of which was in issue at 25 February 2017 (2016: £nil).