PWLB briefings
22 May 2026
Every PWLB briefing published on 22 May 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates reset sharply lower this morning, with 5–8bp declines seen across the curve as UK macro data and news flow turn more negative. ⚠ RATE ALERT — AM reset: PWLB rates fell 5–8bp…
- Morning PWLB Predictions PM RESET PREVIEW — Gilt yields are modestly lower across the curve (-3 to -4bp); expect a small downward adjustment at the 12:30 PWLB reset. Little changed so far; predictions reflect…
- Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates nudged 1bp higher across most maturities at the 12:24 reset; curve shape and overall levels remain broadly steady. PWLB fixed rates at the 12:24 PM reset saw…
- End of Day Wrap-Up UK gilt yields declined across the curve today, leading to a modest fall in underlying funding costs, though PWLB rates ended slightly higher due to the timing of the rate setting versus…