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.

Our news

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

Our news

Tagged

Latest news

Women and millennials help drive £17bn+ franchise sector to record levels

New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.

Winners announced for Skills & Opportunities Fund

52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.

RBS Multicultural Network meets Eric Holder, 82nd US Attorney General

Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.

Set Tab for lightbox