Afternoon Rate Update

Headline

PWLB Rates Hold Steady, But Not Without a Gentle Nudge

Notice Details

PWLB Interest Rate Notice Number 503/25
Rates reset PM on December 30, 2025, at 12:30.

Maturity Rates

• 1y: 4.57% (-1bps)
• 3y: 4.77% (-1bps)
• 5y: 4.98% (-1bps)
• 10y: 5.54% (-1bps)
• 25y: 6.15% (-1bps)
• 50y: 5.91% (-1bps)

All maturity rates have decreased by 1 basis point, reflecting a quiet afternoon in the market.

Afternoon Context

Since this morning, there have been no significant economic data releases to report, and the market remains subdued. UK consumers are reportedly cutting back on spending, which continues to weigh on economic sentiment. The lack of movement in PWLB rates suggests that investors are adopting a cautious stance as we approach the New Year. Overall, gilt yields are likely to remain stable in this environment.

Calendar Events

RELEASES SO FAR TODAY:

• No significant economic releases reported.

REMAINING TODAY:

• No further significant economic releases scheduled.

TOMORROW AND THIS WEEK:

• No further significant economic releases today or this week.

This commentary is provided for informational purposes only and should not be construed as financial advice. Market conditions can change rapidly, and you should always verify current rates directly with the PWLB or through official channels before making borrowing decisions. Past performance is not indicative of future results.

As we inch closer to the New Year, let’s hope the rates don’t decide to take a holiday just yet!