Principal repayment on the Bonds shall be amortised evenly as from 13 July 2025 following a 24 (twenty-four) months moratorium; Unless previously redeemed, purchased and cancelled, the Bonds shall be fully redeemed at its final Redemption Amount (which, unless otherwise provided in respect of the Bonds, is its nominal amount outstanding) at the Maturity Date specified hereof; The Bonds may be partially redeemed in instalments on each Coupon Payment Date at the Redemption Amount specified in the Series 1 Supplementary Prospectus/Pricing Supplement whereupon the Redemption Amount shall reduce the Principal Amount outstanding of such Bond on each Coupon Payment Date until fully redeemed at the Maturity Date. The proceeds of such redemption shall be credited to the bank account of the Bondholder by the Registrar acting on behalf of the Issuer and the Trustees. Where the Bondholder does not specify a bank account, redemption warrants shall be sent by registered post to the address of record of such Bondholder at the risk of such Bondholder and in the case of joint Bondholders, to the address of the joint Bondholder who is named first in the Register.