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Subordinated liabilities - Redemption (Details) € in Millions, £ in Millions, $ in Millions | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Aug. 31, 2021 USD ($) | Dec. 31, 2021 GBP (£) | Dec. 31, 2020 GBP (£) | Dec. 31, 2021 USD ($) | Dec. 31, 2021 EUR (€)
NatWest Group plc, 1,000 million 3.622% dated notes 2030 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 1,000 |  |  |
Interest rate |  | 3.622% |  | 3.622% | 3.622%
Issue of subordinated liabilities |  |  | £ 996 |  |
NatWest Group plc, US$850 million 3.032% dated notes 2035 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 850.0 |
Interest rate |  | 3.032% |  | 3.032% | 3.032%
Issue of subordinated liabilities |  |  | 634 |  |
NatWest Group plc, 1000 million 2.105% dated notes 2031 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 1,000.0
Interest rate |  | 2.105% |  | 2.105% | 2.105%
Issue of subordinated liabilities |  | £ 996 |  |  |
NatWest Group plc, 750 million 1.043% dated notes 2032 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 750.0
Interest rate |  | 1.043% |  | 1.043% | 1.043%
Issue of subordinated liabilities |  | £ 638 |  |  |
NatWest Group plc |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Redemption of subordinated liabilities |  | 3,484 | 2,882 |  |
Issue of subordinated liabilities | $ 2,650.0 | £ 1,634 | 1,630 |  |
NatWest Group plc, US$2,250 million 6.13% dated notes 2022 (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 2,250.0 |
Interest rate |  | 6.13% |  | 6.13% | 6.13%
Redemption of subordinated liabilities |  | £ 226 | 499 |  |
NatWest Group plc, US$1,000 million 6.10% dated notes 2023 (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 1,000.0 |
Interest rate |  | 6.10% |  | 6.10% | 6.10%
Redemption of subordinated liabilities |  | £ 57 | 358 |  |
NatWest Group plc, US$2,000 million 7.5% dated notes 2020 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 2,000.0 |
Interest rate |  | 7.50% |  | 7.50% | 7.50%
Redemption of subordinated liabilities |  |  | 1,528 |  |
NatWest Group plc, US$762 million 7.648% undated notes (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 762.0 |
Interest rate |  | 7.648% |  | 7.648% | 7.648%
Redemption of subordinated liabilities |  | £ 45 | 497 |  |
NatWest Group Plc, US$106 million floating rate undated notes (callable on any interest payment date) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 106.0 |
Redemption of subordinated liabilities |  | £ 77 |  |  |
NatWest Group plc, US$2,650 million 8.625% dated notes 2021 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 2,650.0 |
Interest rate |  | 8.625% |  | 8.625% | 8.625%
Redemption of subordinated liabilities |  | £ 1,914 |  |  |
NatWest Group plc, US$2,250 million 5.125% dated notes 2024 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 2,250.0 |
Interest rate |  | 5.125% |  | 5.125% | 5.125%
Redemption of subordinated liabilities |  | £ 729 |  |  |
NatWest Group plc, US$2,000 million 6% dated notes 2023 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 2,000.0 |
Interest rate |  | 6.00% |  | 6.00% | 6.00%
Redemption of subordinated liabilities |  | £ 436 |  |  |
NatWest Markets Plc US$125.6 million floating rate notes 2020 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 125.6 |
Redemption of subordinated liabilities |  |  | 97 |  |
NatWest Markets Plc, 144.4 million floating rate dated notes 2023 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Redemption of subordinated liabilities |  | 20 |  |  |
145.6 million floating rate dated notes 2023 (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 145.6
NatWest Markets Plc, 31 million 3.0883% notes (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 31 |  |  |
Interest rate |  | 7.38% |  | 7.38% | 7.38%
Redemption of subordinated liabilities |  | £ 29 |  |  |
NatWest Markets Plc, 19 million 5.63% notes (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 19 |  |  |
Interest rate |  | 5.63% |  | 5.63% | 5.63%
Redemption of subordinated liabilities |  | £ 20 |  |  |
NatWest Markets Plc |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Redemption of subordinated liabilities |  | 69 | 97 |  |
National Westminister Bank Plc, US$285 million floating rate notes (callable semi-annually). |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 285.0 |
Redemption of subordinated liabilities |  | 300 |  |  |
National Westminister Bank Plc, 10 million floating rate notes (callable quarterly). |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 10.0
Redemption of subordinated liabilities |  | 9 |  |  |
National Westminister Bank Plc, 178 million floating rate notes (callable quarterly). |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 178.0
Redemption of subordinated liabilities |  | 152 |  |  |
National Westminister Bank Plc, US$193 million floating rate notes (callable semi-annually). |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | 193.0 |
Redemption of subordinated liabilities |  | 138 |  |  |
National Westminister Bank Plc, US$229 million floating rate notes (callable semi-annually). |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 229.0 |
Redemption of subordinated liabilities |  | 167 |  |  |
National Westminister Bank Plc, 300 million 6.5% subordinated notes 2021 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 300 |  |  |
Interest rate |  | 6.50% |  | 6.50% | 6.50%
Redemption of subordinated liabilities |  | £ 201 |  |  |
National Westminister Bank Plc, 35 million 11.5% notes |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 35 |  |  |
Interest rate |  | 11.50% |  | 11.50% | 11.50%
Redemption of subordinated liabilities |  | £ 3 |  |  |
National Westminister Bank Plc, 140 million 9% cumulative preference shares of 1 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets |  | £ 140 |  |  |
Interest rate |  | 9.00% |  | 9.00% | 9.00%
Redemption of subordinated liabilities |  | £ 24 |  |  |
National Westminister Bank Plc |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Redemption of subordinated liabilities |  | £ 994 |  |  |
NWM N.V. and subsidiaries, US$650 million 6.425% Undated notes 2043 (partial redemption) |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | $ |  |  |  | $ 650.0 |
Interest rate |  | 6.425% |  | 6.425% | 6.425%
Redemption of subordinated liabilities |  | £ 73 | 187 |  |
NWM N.V. and subsidiaries, 15 million 6.00% notes 2020 |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Notional amount of financial assets | € |  |  |  |  | € 15.0
Interest rate |  | 6.00% |  | 6.00% | 6.00%
Redemption of subordinated liabilities |  |  | 11 |  |
NWM S NV and subsidiaries |  |  |  |  |
Subordinated liabilities |  |  |  |  |
Redemption of subordinated liabilities |  | £ 73 | £ 198 |  |

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