NATIONWIDE B/S 7.25% PIBS GBP1000 PERP

I have received a message from my broker stating these will redeem early on 05 December 2017. Those are the only details supplied.

As a novice to fixed income I am not sure what this means in terms of redemption rate, I can't find anything in the prospectus that suggests this would happen and have not received any option to accept a redemption offer.

Any wise words would be welcome to clarify the process.

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