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PWLB briefings

1 July 2026

Every PWLB briefing published on 1 July 2026 — 5 updates, in full.

  • 09:37 Morning Rate Update Significant upward shift across the PWLB curve this morning, with 5–11bp increases led by the long end. ⚠ RATE ALERT — AM reset: PWLB rates rose sharply by 5–11bp across all maturities…
  • 11:30 Morning PWLB Predictions PM RESET PREVIEW — Gilt yields are little changed to modestly higher; expect a small upward move in PWLB rates at 12:30. Little changed so far; predictions reflect small upward moves across…
  • 12:51 Afternoon Rate Update PM NOTICE SUMMARY — Modest downward shift across the curve, with PWLB rates 2–3bp lower at the PM reset. PWLB fixed rates at the 12:30 PM reset are down 2–3bp across all key maturities…
  • 15:42 Monthly Activity PWLB Borrowing Commentary — June 2026 PWLB Borrowing Commentary June 2026 Monthly local authority borrowing activity — finalised cohort Metric June 2026 vs May 2026 vs June 2025 £ Borrowed…
  • 17:10 End of Day Wrap-Up UK gilt yields ended modestly lower across most maturities, leading to a small decline in PWLB rates for local authority borrowers. GILT MOVE SUMMARY → 1y: 3.961% (-6bp) — front-end led the…
30 June 20262 July 2026

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