PWLB briefings
19 June 2026
Every PWLB briefing published on 19 June 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates moved modestly higher across the curve at the AM reset, with 2–4bp increases from 2y out to 50y; the move is broad but not dramatic. NOTICE SUMMARY — PWLB rates rose 2–4bp at the…
- Morning PWLB Predictions ⚠ RATE ALERT — Gilt yields are up sharply across the curve (+6 to +8bp), with the move led by the long end; political uncertainty and higher-than-expected borrowing are in focus. Gilt…
- Afternoon Rate Update ⚠ RATE ALERT — PWLB fixed rates rose 1–3bp across the curve at the PM reset, with the largest moves in the 5–50 year tenors, as UK borrowing costs continue to edge higher. PWLB PM rates set…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving PWLB maturity rates higher by up to +3bp and increasing borrowing costs for local authorities. GILT MOVE SUMMARY Tenor Yield…
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