RBS plays key role in delivering longest dated gilt for 76 years


RBS plays key role in delivering longest dated gilt for 76 years

The UK government has raised £5bn with the longest maturity gilt since 1937 and one of the most high-profile debt capital markets transactions this year.

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28 August 2013

Capital market transactions board

Money raised through the 55 year gilt, which has a 3.5% interest rate and matures in 2068, will go towards financing public spending across the government’s services.

RBS played a central role in the transaction working for the UK Debt Management Office (DMO) - the government agency that raises about £160bn a year for the public purse from the gilt market.

Read the full story on the Markets and International Banking site:

Delivering the longest-dated gilt for 76 years

 

 

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