PWLB briefings
8 May 2026
Every PWLB briefing published on 8 May 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates are little changed after the 09:12 AM reset, with moves of just 1–2bp across most maturities and the curve holding steady. NOTICE SUMMARY — PWLB fixed rates are broadly unchanged…
- Morning PWLB Predictions ⚠ RATE ALERT — Gilt yields are down 5–7bp across the curve this morning, with the move led by the long end; no single clear driver in today's inputs. Gilt yields are lower across all key…
- Afternoon Rate Update ⚠ RATE ALERT — Notable downward shift across the PWLB curve at the PM reset, with long-dated rates falling by up to 5bp, led by lower gilt yields as UK borrowing costs eased. PWLB fixed…
- End of Day Wrap-Up UK gilt yields declined across the curve today, leading to a parallel fall in PWLB rates and slightly easing borrowing costs for local authorities. GILT MOVE SUMMARY Tenor Yield Change 2y…