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PWLB briefings

21 July 2026

Every PWLB briefing published on 21 July 2026 — 3 updates, in full.

  • 09:36 Morning Rate Update PWLB rates reset this morning with a modest upward move across the curve, led by the long end, as gilts respond to higher government borrowing and political signals on fiscal flexibility. ⚠…
  • 12:51 Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates nudged 2–3bp higher across the curve at the 12:24 reset; moves are modest and broadly parallel. PWLB fixed rates at the 12:24 PM reset are up 2–3bp versus the…
  • 17:11 End of Day Wrap-Up UK gilt yields ended the day little changed across most maturities, resulting in a modest upward adjustment to PWLB rates. GILT MOVE SUMMARY Tenor Yield Change 2y 4.379% -1bp 10y 5.025%…
20 July 202622 July 2026

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