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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

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