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PWLB briefings

21 August 2026

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

  • 09:32 Morning Rate Update PWLB rates are little changed at the AM reset, with moves of just ±1bp across the curve and no material shift in shape. NOTICE SUMMARY — PWLB fixed rates are virtually unchanged this…
  • 12:51 Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates were broadly steady at the 12:06 PM reset, with only minor moves at the 5y and 50y points. The PWLB PM reset saw little changed, with most maturities flat and…
  • 17:39 End of Day Wrap-Up End of Day, 20 Aug — ten-year PWLB 6.11%, and the relief lasted one day 96 US yields gave back the whole buyback move; gilts held. Tomorrow's round about 1bp lower, with retail sales and…
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