Shares in TSB will be available to members of the public via intermediaries, as well as institutional investors.
Lloyds Banking Group said the retail offering will contain an incentive allowing each retail investor to receive one free share for every 20 shares acquired up to the value of £2,000 and kept for a year after the float.
More top news
"How dare he make such horrendous statements over the airwaves."
"It was an unbelievable moment to finally meet Sue in person and give her a big hug - she's my hero."
A Chinese teenager has been found hiding in the cargo hold of an Emirates passenger plane flying from Shanghai to Dubai.