You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

LONDON--(BUSINESS WIRE)-- As Agent Bank, please be advised of the following rate determined on: 44148 Issue Westpac Banking Corporation - Series 1457 GBP 100,000,000 FRN due November 2020 ISIN Number XS2081597713 ISIN Reference 208159771 Issue Nomin GBP 100000000 Period 8/20/2020 to 11/20/2020 Payment Date 11/20/2020 Number of Days 92 Rate 0.30455 Denomination GBP 100000 100000000 Amount Payable per Denomination 76.76 76760 Bank of New York Rate Fix Desk Telephone 44 1202 689580 Corporate Trust Services Facsimile 44 1202 689601

Answer: FRN Variable Rate Fix