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SG
TenderFTS · 05f12f

DFSED-SG Bond Bookrunners

Scottish Government
Status
complete
Estimated
—
Services
Published
25 Jun 2026

Key facts

Notice ID
ocds-h6vhtk-05f12f
CPV code
66120000 · Financial services
Contract type
services
Awarded to
RBC Europe Limited
Source
Find a Tender

Timeline

  1. Published
    25 Jun 2026

Description

The Scottish Government has appointed nine external service providers to assist in accessing the sterling public bond market. From 2016, the Scottish Government’s annual limit for Capital Borrowing has been GBP 450 million, with a cumulative limit of GBP 3 billion. The 2023 Fiscal Framework review increased these limits in line with inflation, and the Scottish Government has been reviewing its capital borrowing policy options under these new limits. On 4 December 2024, the Scottish Government published a memorandum detailing the outcome of the initial due diligence and its updated capital borrowing policy in the context of the revised Fiscal Framework limits. The key objectives for the issuance of bonds includes diversifying capital funding sources, enhancing fiscal sustainability, raising Scotland’s profile among financial investors, and developing institutional fiscal discipline. On 12th November 2025 Moody’s Investors Service and Standard & Poor’s assigned inaugural credit ratings for the Scottish Government of Aa3/AA respectively, both with a stable outlook. The strength and diversity of Scotland’s economy, its strong institutional framework, as well as the Scottish Government’s prudent financial management and low levels of debt are factors highlighted in the agencies’ reports. A GBP 1.5 billion programme is expected to commence over the next parliament, with a debut benchmark bond issuance currently anticipated for late 2026 or early 2027, subject to the outcome of the Scottish Parliament election, in-year borrowing requirements and market conditions.

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28,167 noticesall types · sorted by publication date
Page 144 of 1409
Time to close
Value
Type
Buyer
Notice
CLOSED
27 Feb
—
Estimated
Tender
CF
FC
Foreign Commonwealth and Development Office
CCS Design and Project Management Services for Cladding Replacement at Jakarta Embassy, Indonesia
Construction work· Published 29 Jun
OPEN
No deadline
£193.7m
Estimated
Tender
FTS · Services
NE
NHS England
Primary Care Support Services- Medical Records
Business services· Published 29 Jun
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No deadline
—
Estimated
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SC
Southend-on-Sea City Council
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No deadline
—
Estimated
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CC
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COV - West Midlands Children's Regional Residential Care Framework (2025) - Placement
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No deadline
£35.0m
Estimated
Pipeline
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LC
Llywodraeth Cymru / Welsh Government
Bro Tathan Power - Market Update
Construction work· Published 29 Jun
OPEN
No deadline
—
Estimated
Tender
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NC
NHS Cornwall and the Isles of Scilly Integrated Care Board
Long Term Conditions
· Published 29 Jun
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No deadline
—
Estimated
Tender
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WN
West Northamptonshire Council
West Northamptonshire Council Market Stall Operation
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No deadline
—
Estimated
Tender
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CA
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Sleep Studies and LTV - Design
· Published 29 Jun
CLOSED
09 Apr
—
Estimated
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IB
Infected Blood Compensation Authority
EXCO Learning and Development
Education & training· Published 29 Jun
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87d
29 Sept
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SH
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CLEANING SERVICES AT SUTTON GATE- SHP
Sewage & refuse· Published 29 Jun
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No deadline
—
Estimated
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DC
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· Published 29 Jun
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No deadline
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Estimated
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CC
Coventry City Council (COV)
COV - West Midlands Children's Regional Residential Care Framework (2025) - Placement
· Published 29 Jun
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No deadline
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Estimated
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NH
NHS HAMPSHIRE AND THE ISLE OF WIGHT INTEGRATED CARE BOARD
Adult ADHD Assessment and Medication Management
· Published 29 Jun
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£250k
Estimated
Pipeline
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CC
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· Published 29 Jun
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£74k
Estimated
Pipeline
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DA
Dartford and Gravesham NHS Trust
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£200k
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Business services· Published 29 Jun
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Estimated
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CF
Cheshire Fire Authority
Super Pumping Appliances
Transport equipment· Published 29 Jun
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TH
TRINITY HOUSE
STA1529 Bathymetric and Topographic Survey of Wolf Rock Lighthouse
· Published 29 Jun
Page 144 of 1409
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