PWLB briefing
Afternoon Rate Update
PM NOTICE SUMMARY — PWLB fixed rates edged 1bp higher across most maturities at the 12:43 reset; little changed overall.
PWLB rates at the 12:43 PM fix saw a uniform +1bp move in the 3y and longer tenors, with the short end unchanged—little changed overall.
PWLB PM SNAPSHOT
- → 1y — 5.03% (unch)
- → 3y — 5.25% (+1bp)
- → 5y — 5.43% (+1bp)
- → 10y — 5.93% (+1bp)
- → 25y — 6.55% (+1bp)
- → 50y — 6.36% (+1bp)
WHAT'S NEW SINCE THIS MORNING
- → Mild upward shift — 3y and longer maturities all rose by +1bp; 1y unchanged.
CONTEXT
- → No economic data released today — Calendar shows no UK or US releases so far.
- → News flow light — No single clear driver in today's inputs.
LOOK AHEAD
Diary is light into tomorrow.
A quiet end to the week, with PWLB rates barely nudging and no immediate data catalysts on the radar.
This commentary is provided for information only and is not financial advice. Please verify rates directly with PWLB or official sources before acting.
Gilt Edge Advisor — If only every Friday could be this uneventful.