FRN Variable Rate Fix


12 November 2015

Issue: Duncan Funding 2015-1 Plc

Class A2a Notes


Care Amendment

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

Date From: 12 November 2015

Date To: 17 March 2016

Record Date: 14 March 2016

Value Date: 17 March 2016

Benchmark Rate: -0.04942%

Margin: 0.48%

Total Rate: 0.43058%

Floor: 0%

Number of Days: 126

Day Count: Actual / 360

Interest Frequency: Quarterly

Total Amount Due:

EUR 452,109.00

Interest Per 1K: EUR 1.50703

Pool Factor: 1

Short Name: Duncan Fdg 2015-1
Category Code: RC
Sequence Number: 515746
Time of Receipt (offset from UTC): 20160315T141932+0000


HSBC Security Services


HSBC Security Services