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.
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
Posted In
Tagged
Latest news
The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.
Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.
New card features are being rolled out from today with all cards having a notch and raised dots.