UK to issue two green Gilts in 2021 as new £12bn infra bank confirmed

sterling_Adobe_575x375_15April2020
By Burhan Khadbai
03 Mar 2021

The UK Debt Management Office announced its borrowing remit for its 2021/2022 fiscal year on Wednesday, following the chancellor of the exchequer Rishi Sunak's budget speech, which includes plans to sell a debut green Gilt in the summer with another later in the year. A new UK infrastructure bank, which will use debt and equity capital was also made official in the budget.

The UK will publish its green Gilt framework in June ahead of a debut deal in the format in the summer with a second green Gilt to follow later in 2021 as part of the sovereign’s plans to build a green Gilt curve.

Total green Gilt issuance for ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial