Archive
PWLB briefings — January 2026
82 briefings across 21 trading days.
30 January 2026
- Morning PWLB Predictions Gilt Yields Dip as 10Y Sees 2bps Drop; PWLB Predictions Reflect Market Volatility Gilt Market Analysis The gilt market is experiencing mixed movements this morning, with notable changes in…
- End of Day Wrap-Up Gilt Markets Take a Breather: 1Y Yield Dips 2bps Amid Mixed Economic Signals Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the shorter tenors…
29 January 2026
- Morning Rate Update PWLB Rates Hold Steady, Leaving Borrowers in a Bit of a Lull Notice Details PWLB Interest Rate Notice Number 039/26, effective from 09:10 on 29 January 2026. Maturity Rates 1y: 4.60% (0)…
- Morning PWLB Predictions Gilt Yields Dive as 50-Year Bonds Plummet 475bps; PWLB Rates Hold Steady Gilt Market Analysis The gilt market is experiencing significant volatility this morning, with yields across various…
- Afternoon Rate Update PWLB Rates Shift Slightly, But Not Enough to Raise Eyebrows Notice Details PWLB Interest Rate Notice Number 039/26, effective from 12:30 on 29 January 2026. Maturity Rates 1y: 4.60% (0) 2y…
- End of Day Wrap-Up Gilt Markets Take a Dip: 10Y Yield Down 5bps! Gilt Market Analysis Today, the gilt market experienced notable volatility, with the 10Y yield falling by 5 basis points to 4.514% . Other…
28 January 2026
- Morning Rate Update PWLB Rates Take a Breather: Little Change Across the Board Notice Details Today's PWLB Interest Rate Notice is number 037/26, reset in the AM at 09:09 on January 28, 2026. Maturity Rates…
- Morning PWLB Predictions Gilt Yields Dive: 50Y Sees Biggest Drop Amid PWLB Volatility! Gilt Market Analysis The gilt market is experiencing significant volatility this morning, with yields across various tenors…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market movements. Headline PWLB Rates Hold Steady: A Calm Afternoon in the Market Notice Details Today's PWLB Interest…
- End of Day Wrap-Up Gilt Markets Take a Tumble: 1Y Yield Drops 3bps! Gilt Market Analysis The gilt market experienced notable volatility today, particularly in the shorter tenors. The 1Y yield fell by 3bps to…
27 January 2026
- Morning Rate Update PWLB Rates Shift Slightly as Markets Hold Their Breath Notice Details PWLB Interest Rate Notice Number 035/26 Rates reset at 09:13 on 27 January 2026. Maturity Rates 1y: 4.62% (1bp) 3y…
- Morning PWLB Predictions Gilt Market Update: Yields Dip as 1Y Leads the Way Down Gilt Market Analysis The gilt market has shown mixed movements this morning, with notable changes in yields across various tenors…
- Afternoon Rate Update Good afternoon! Here’s your latest update on PWLB rates and market movements. Headline PWLB Rates Hold Steady, Market Takes a Breather Notice Details PWLB Interest Rate Notice Number 036/26…
- End of Day Wrap-Up Gilt Markets Take a Dive: 50Y Yield Plummets 474bps! Gilt Market Analysis Today, the gilt market experienced significant volatility, with the 50Y tenor seeing the largest drop of 474bps…
26 January 2026
- Morning Rate Update PWLB Rates: A Gentle Breeze with Minimal Movement Notice Details Today's PWLB Interest Rate Notice is number 033/26, with a reset occurring at 09:05 AM on January 26, 2026. Maturity Rates…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees Notable 6bp Drop; PWLB Predictions Reflect Volatility Gilt Market Analysis The UK gilt market is experiencing a risk-off sentiment today, with yields generally…
- Afternoon Rate Update Good afternoon! Here’s your Local Authority Treasury update with the latest on PWLB rates. Headline PWLB Rates: A Slight Shift in the Wind Notice Details The latest PWLB Interest Rate…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Drops 7bps! Gilt Market Analysis Today, the gilt market experienced notable volatility, particularly in the short-term tenors. The 1Y yield fell by 7bps to…
23 January 2026
- Morning Rate Update PWLB Rates Hold Steady, But Not Without a Few Nibbles Notice Details Today's PWLB Interest Rate Notice is Number 031/26, with rates reset at 09:03 AM on January 23, 2026. Maturity Rates 1y…
- Morning PWLB Predictions Gilt Yields Rise as 2Y Hits 5bps Up, PWLB Predictions Show Volatility! Gilt Market Analysis In the gilt market, yields have seen notable increases across various tenors. The 2Y yield rose…
- Afternoon Rate Update Hello! Here’s your afternoon update on the latest PWLB rates and market movements. Headline PWLB Rates Take a Slight Dip, But Not Enough to Raise Eyebrows Notice Details Today's PWLB…
- End of Day Wrap-Up Gilt Markets in Turmoil: 1Y Yield Soars 6bps! Gilt Market Analysis Today, the gilt market experienced notable volatility, particularly in the shorter tenors. The 1Y yield rose by 6bps to…
22 January 2026
- Morning Rate Update PWLB Rates Hold Steady with Minor Adjustments Notice Details PWLB Interest Rate Notice Number 029/26 Reset: AM Date: 22 January 2026, 09:01 Maturity Rates 1y: 4.56% (+1) 3y: 4.71% (0) 5y…
- Morning PWLB Predictions Gilt Yields Rise as 1Y Sees 4bps Spike; PWLB Predictions Reflect Volatility Gilt Market Analysis The gilt market has shown notable movements this morning, particularly in the short and long…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market movements. Headline PWLB Rates Shift Slightly, But Not Enough to Raise Eyebrows Notice Details PWLB Interest…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Down 3bps Amid Mixed Economic Signals! Gilt Market Analysis The gilt market experienced notable movements today, particularly in the short end of the…
21 January 2026
- Morning Rate Update Headline: Rates Take a Gentle Dip, But Don’t Hold Your Breath! PWLB Interest Rate Notice Number 027/26 was released on January 21, 2026, at 09:04 AM. Maturity Rates: 1y: 4.55% (-3bps) 3y…
- Morning PWLB Predictions Dear Local Authority Treasury Officers, Market Overview Headline Gilt Yields Dip as 1Y Takes a 6bp Plunge, PWLB Predictions Show Volatility Ahead Gilt Market Analysis The gilt market is…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market context. Headline: Rates Hold Steady, PWLB Takes a Breather! PWLB Interest Rate Notice Number 028/26 was…
- End of Day Wrap-Up Gilt Markets Jolt: 1Y Yield Drops 6bps Amid Food Inflation Concerns! Gilt Market Analysis The gilt market experienced notable volatility today, particularly in the short end of the curve…
20 January 2026
- Morning Rate Update Headline: Rates on the Rise: PWLB Sees Notable Increases Across the Board Notice Date: 20 January 2026 Reset Time: 09:04 AM Maturity Rates 1y: 4.59% (+2bps) 3y: 4.74% (+3bps) 5y: 4.96%…
- Morning PWLB Predictions Gilt Yields Rise as 10Y Moves Up 7bps; PWLB Predictions Show Volatility Ahead Gilt Market Analysis The gilt market is experiencing notable movements this morning, with the 10-year yield…
- Afternoon Rate Update Good afternoon! Here’s your Local Authority Treasury update following the latest PWLB notice. Headline: Rates Take a Slight Dip: PWLB Shows Mixed Signals Notice Time: 12:30 PM Maturity…
- End of Day Wrap-Up Gilt Markets Shudder as 30Y Yield Climbs 6bps – A Notable Shift! Gilt Market Analysis Today, the gilt market experienced notable volatility, particularly in the longer tenors. The 30Y yield…
19 January 2026
- Morning Rate Update PWLB Rates Hold Steady, Market Takes a Breather Notice Details PWLB Interest Rate Notice Number 023/26 Fixed rates for transactions agreed after 09:19 on 19 January 2026 Maturity Rates 1y…
- Morning PWLB Predictions Gilt Yields Rise as 50Y Moves Up 2bps; PWLB Predictions Show Mixed Sentiment Gilt Market Analysis The gilt market is experiencing a mixed sentiment this morning, with yields showing slight…
- Afternoon Rate Update PWLB Rates Take a Slight Dip, Markets Remain Calm Notice Details PWLB Interest Rate Notice Number 024/26 Fixed rates for transactions agreed after 12:22 on 19 January 2026 Maturity Rates…
- End of Day Wrap-Up Gilt Markets Take a Turn: 40Y Yield Climbs 3bps! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the longer tenors. The 40Y yield rose by 3bps to…
16 January 2026
- Morning Rate Update Headline: Rates Hold Steady, Gilt Markets Take a Breather PWLB Interest Rate Notice Number 021/26 was released today, January 16, 2026, at 09:30 AM. Maturity Rates 1y: 4.59% (+3bps) 3y…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees Notable Downturn; PWLB Predictions Reflect Volatility Gilt Market Analysis The gilt market is experiencing a mixed session this morning, with notable movements in…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market developments. Headline: PWLB Rates Take a Slight Dip, Calm Afternoon in the Markets PWLB Interest Rate Notice…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Down 1bp, But 15Y Rises 2bp! Gilt Market Analysis Today, the gilt market experienced mixed movements, with the 1Y and 2Y yields both declining by 1bp to…
15 January 2026
- Morning Rate Update PWLB Rates Take a Gentle Dip – Not Quite a Splash! Notice Details PWLB Interest Rate Notice Number 019/26, AM reset, published at 09:11 on 15 January 2026. Maturity Rates 1y: 4.55% (-1bps)…
- Morning PWLB Predictions Gilt Yields Rise as 1Y Moves Up 3bps, PWLB Predictions Show Stability Gilt Market Analysis The gilt market is experiencing notable movements this morning, with the 1-year yield rising to…
- Afternoon Rate Update PWLB Rates Make a Small Splash – Just a Ripple! Notice Details PWLB Interest Rate Notice Number 020/26, published at 12:30 on 15 January 2026. Maturity Rates 1y: 4.56% (+1bps) 3y: 4.68%…
- End of Day Wrap-Up Gilt Markets Take a Dip: 10Y Yield Up 6bps! Gilt Market Analysis Today, the gilt market experienced notable volatility, particularly in the 5Y and 10Y tenors, which rose by 6bps each…
14 January 2026
- Morning Rate Update PWLB Rates Hold Steady with Minor Adjustments Notice Date: 14 January 2026 Reset Time: 09:28 AM Maturity Rates 1y: 4.56% (-1bps) 3y: 4.69% (-1bps) 5y: 4.90% (0bps) 10y: 5.46% (+1bps) 25y…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees a Notable Drop of 3bps Amid PWLB Volatility Gilt Market Analysis The gilt market is experiencing a slight downward trend this morning, with yields across various…
- Afternoon Rate Update PWLB Rates Take a Dip: A Quiet Afternoon Notice Date: 14 January 2026 Reset Time: 12:30 PM Maturity Rates 1y: 4.56% (0bps) 2y: 4.61% (-1bps) 3y: 4.68% (-1bps) 5y: 4.88% (-2bps) 10y: 5.44%…
- End of Day Wrap-Up Gilt Markets Take a Dip: 15Y Yield Falls 6bps! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the 15-year tenor, which fell by 6 basis points to…
13 January 2026
- Morning Rate Update PWLB Rates: A Gentle Breeze in the Treasury Market Notice Details PWLB Interest Rate Notice Number 015/26, reset at 09:29 AM on 13 January 2026. Maturity Rates 1y: 4.57% (+1) 3y: 4.70% (+1)…
- Morning PWLB Predictions 1Y Gilt Yield Jumps 5bps as PWLB Rates Hold Steady! Gilt Market Analysis The gilt market is experiencing notable movements this morning, particularly in the short tenor. The 1Y gilt yield…
- Afternoon Rate Update Hello! Here’s your afternoon update on the latest PWLB rates and market movements. Headline PWLB Rates: A Quiet Afternoon with Minimal Movement Notice Details PWLB Interest Rate Notice…
- End of Day Wrap-Up Gilt Yields Take a Leap: 1Y Up 5bps Amid Market Whirlwind! Gilt Market Analysis Today, the gilt market experienced notable volatility, particularly with the 1Y gilt yield rising by 5bps to…
12 January 2026
- Morning Rate Update Rates Take a Gentle Dip: A Calm Day in the PWLB Waters Notice Details PWLB Interest Rate Notice Number 013/26 Effective for transactions agreed after 09:07 on 12 January 2026. Maturity…
- Morning PWLB Predictions 1Y Gilt Yield Dips 3bps as PWLB Rates Show Mixed Volatility Gilt Market Analysis The gilt market is experiencing a mixed sentiment this morning, with the 1Y yield decreasing by 3bps to…
- Afternoon Rate Update PWLB Rates: A Subtle Shift in the Afternoon Breeze Notice Details PWLB Interest Rate Notice Number 014/26 Effective for transactions agreed after 12:32 on 12 January 2026. Maturity Rates…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Drops 3bps Amidst Political Turmoil Gilt Market Analysis Today, the gilt market experienced notable fluctuations, particularly in the 1Y tenor, which fell…
9 January 2026
- Morning Rate Update PWLB Rates Slip Slightly, But Not Enough to Cause a Stir Notice Details PWLB Interest Rate Notice Number 011/26 Effective for transactions agreed after 09:11 on 09 January 2026 Maturity…
- Morning PWLB Predictions 1Y Gilt Yield Up 2bps: PWLB Predictions Show Stability Amid Market Volatility Gilt Market Analysis The gilt market is experiencing modest movements this morning, with the 1Y yield rising to…
- Afternoon Rate Update PWLB Rates Shift Slightly, But Remain Steady Overall Notice Details PWLB Interest Rate Notice Number 012/26 Effective for transactions agreed after 12:11 on 09 January 2026 Maturity Rates…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Up 8bps Amidst Volatility! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the short end of the curve. The 1Y…
8 January 2026
- Morning Rate Update PWLB Rates Take a Gentle Dip: A Quiet Day in the Treasury Notice Date: 08 January 2026 Reset Time: 09:08 AM Maturity Rates 1y: 4.54% (-1) 3y: 4.69% (-1) 5y: 4.90% (0) 10y: 5.47% (+1) 25y…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees Notable Drop, PWLB Predictions Hold Steady Gilt Market Analysis The gilt market is experiencing mixed movements this morning, with the 1Y yield decreasing by 1bp…
- Afternoon Rate Update Good afternoon! Here’s your Local Authority Treasury update, focusing on the latest PWLB rates and market movements since this morning. Headline PWLB Rates Shift: A Slightly More Expensive…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Falls 2bps! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the shorter tenors. The 1Y and 2Y yields both…
7 January 2026
- Morning Rate Update PWLB Rates Take a Gentle Dip: A Calm Start to the Year Notice Date: 07 January 2026 Reset Time: 09:15 AM Maturity Rates 1y: 4.55% (-2bps) 3y: 4.71% (-4bps) 5y: 4.92% (-5bps) 10y: 5.49%…
- Morning PWLB Predictions Gilt Yields Slide: 30Y Down 8bps, PWLB Predictions Show Volatility! Gilt Market Analysis The gilt market is experiencing notable declines in yields across various tenors. The 1Y yield has…
- Afternoon Rate Update Good afternoon! Here’s your latest update on PWLB rates and market movements. Headline PWLB Rates Hold Steady: A Quiet Afternoon Notice Date: 07 January 2026 Reset Time: 12:30 PM Maturity…
- End of Day Wrap-Up Gilt Markets Take a Dip: 15Y Yield Down 8bps! Gilt Market Analysis The gilt market experienced notable volatility today, particularly in the longer tenors. The 15Y yield decreased by 8bps…
6 January 2026
- Morning Rate Update PWLB Rates Shift Slightly, But Don’t Hold Your Breath! Notice Details PWLB Interest Rate Notice Number 005/26, AM reset, published at 09:10 on 06 January 2026. Maturity Rates 1y: 4.58%…
- Morning PWLB Predictions 1Y Gilt Yield Up 1bp: PWLB Predictions Hold Steady Amid Economic Data Gilt Market Analysis The gilt market is experiencing modest movements this morning, with the 1-year yield rising by 1bp…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market movements. Headline PWLB Rates Take a Dip—Not Quite a Tsunami! Notice Details PWLB Interest Rate Notice Number…
- End of Day Wrap-Up Gilt Markets Take a Dip: 1Y Yield Down 2bps! Gilt Market Analysis Today, UK gilt yields experienced a uniform decline across all tenors, with the 1Y, 2Y, 5Y, 10Y, 15Y, 20Y, 30Y, 40Y, and…
5 January 2026
- Morning Rate Update PWLB Rates Hold Steady, Market Yawns Notice Details PWLB Interest Rate Notice Number 003/26 Effective for transactions agreed after 09:11 on 05 January 2026. Maturity Rates 1y: 4.58% (0)…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees Notable Drop of 4bps; PWLB Predictions Reflect Volatility Gilt Market Analysis The gilt market is experiencing a downward trend in yields across various tenors…
- Afternoon Rate Update Hello again! Here’s your afternoon update on the latest PWLB rates and market developments. Headline PWLB Rates Take a Dip, Markets Remain Calm Notice Details PWLB Interest Rate Notice…
- End of Day Wrap-Up Gilt Markets Take a Dip: 5Y Yield Falls 3bps! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the 5Y tenor, which fell by 3bps to 3.938% . Other…
2 January 2026
- Morning Rate Update Headline: PWLB Rates Hold Steady with a Dash of Movement Notice Date: 02 January 2026, AM reset at 09:02 Maturity Rates 1y: 4.57% (0) 3y: 4.75% (-1) 5y: 4.97% (-1) 10y: 5.54% (0) 25y: 6.16%…
- Morning PWLB Predictions Gilt Yields Dip as 1Y Sees a 1bp Drop; PWLB Predictions Reflect Volatility Gilt Market Analysis The gilt market is experiencing mixed movements this morning, with notable changes across…
- Afternoon Rate Update Headline: PWLB Rates Take a Slight Step Up Notice Date: 02 January 2026, PM reset at 12:30 Maturity Rates 1y: 4.58% (+1) 3y: 4.76% (+1) 5y: 4.98% (+1) 10y: 5.55% (+1) 25y: 6.17% (+1) 50y…
- End of Day Wrap-Up Gilt Markets Take a Turn: 30Y Yield Climbs 7bps! Gilt Market Analysis Today, the gilt market experienced notable movements, particularly in the longer tenors. The 30Y yield rose by 7bps to…