68GX Westpac 24

RNS Number:0687R
Gracechurch Mortgage Finance (No.3)
15 September 2000



ISSUE:    GRACECHURCH MORTGAGE FINANCE (NO 3)PLC
          #300,000,000 CLASS A MORTGAGE BACKED FRN DUE 2029 XS0051727138
          #9,000,000 CLASS B MORTGAGE BACKED FRN DUE 2029   XS0051727302
INTEREST RATES:        CLASS A NOTES: 6.40719%
                       CLASS B NOTES: 7.25719%
3 MONTH GBP LIBOR:     6.20719%
INTEREST PERIOD:       15TH SEPTEMBER 2000 TO 15TH DECEMBER 2000
DAYS IN PERIOD:        91
INTEREST PAYMENT DATE: 15TH DECEMBER 2000

COUPON RATES:          CLASS A NOTES: PER GBP 100,000: GBP 518.78
                       CLASS B NOTES: PER GBP 100,000: GBP 1,804.38
POOL FACTOR FOR CLASS A NOTES: 0.325650 (=97,695,120.00)
(AFTER PAYMENT OF 15TH SEPT 2000)

Westpac 24 (LSE:68GX)
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Westpac 24 (LSE:68GX)
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