Jersey’s debut set to be priced near cream of UK credit

An innovative new UK guaranteed bond sold this week is set to be one of the main price points when the States of Jersey sells its debut bond, people familiar with the discussions told SSA Markets on Friday. Barclays, HSBC and Royal Bank of Scotland are arranging investor meetings for next week, with a view to sell a bond for the UK crown dependency that is likely to be a £250m 30 year deal.