PWLB briefings
23 September 2026
Every PWLB briefing published on 23 September 2026 — 3 updates, in full.
- Morning Rate Update PWLB rates reset higher this morning, with a 3–5bp parallel move up across the curve following firmer UK PMI data. NOTICE SUMMARY — AM reset: PWLB rates rose 3–5bp across all maturities…
- Afternoon Rate Update PM NOTICE SUMMARY — Modest upward shift across the PWLB curve, with 2–3bp increases at most key tenors. PWLB fixed rates at the 12:22 PM reset are up 2–3bp across the curve; little changed…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving PWLB maturity rates to new highs and increasing borrowing costs for local authorities. GILT MOVE SUMMARY → 2y: 4.761% (+10bp)…
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