FRN Variable Rate Fix

18-November-2025

Issue: New Development Bank

XS2627297539

XS2627297539

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 22-August-2025

Date To: 24-November-2025

Record Date: 21-November-2025

Value Date: 24-November-2025

Index Start: 15-August-2025

Index End: 17-November-2025

Benchmark Rate: 4.24444%

Margin: 1%

Total Rate: 5.24444%

Floor: 0%

Number of Days: 94

Day Count: Actual / 360

Interest Frequency: Quarterly

Denomination: USD 1,000.00

Amount per Denomination:

USD 13.69

Total Amount Due:

USD 1,505,900.00

Interest Per 1K: USD 13.69

Pool Factor: 1

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HSBC Bank Plc