Archive
PWLB briefings — September 2026
7 briefings across 2 trading days.
2 September 2026
- Morning Rate Update PWLB rates reset higher this morning, with 2–5bp increases across the curve as global bond yields remain under pressure. NOTICE SUMMARY — AM reset: PWLB rates up 2–5bp across all…
- Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates nudged 1–2bp higher across the curve at the 12:19 reset; moves remain modest but direction is clear. PWLB fixed rates at the 12:19 PM reset rose by 1–2bp…
- End of Day Wrap-Up UK gilt yields rose modestly across the curve today, resulting in a parallel increase in PWLB rates at all maturities. GILT MOVE SUMMARY → 1y: 4.121% (+2bp) — Modest upward move at the…
1 September 2026
- Morning Rate Update PWLB rates reset sharply higher this morning, with 5–9bp increases across all maturities as gilt yields surge to multi-year highs. ⚠ RATE ALERT — AM reset: PWLB rates up 6–9bp across the…
- Monthly Activity PWLB Borrowing Activity — Monthly Commentary August 2026 KPI Snapshot — Latest Month Metric August 2026 vs PM vs LY £ Borrowed £526.2m ▲43% ▲139% # Loans 36 ▲9% ▲57% WAR % 5.24% ▲21bp ▲84bp…
- Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates nudged 1–2bp higher across most maturities at the 12:20 reset; long end steady. PWLB fixed rates at the 12:20 PM reset rose by 1–2bp across the curve, with…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, lifting PWLB rates to new cycle highs and further tightening borrowing conditions for local authorities. GILT MOVE SUMMARY → 2y: 4.47%…