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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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Open full notice ↗View in this tab
496 noticesopen · sorted by deadline ascending
Page 24 of 25
Time to close
Value
Type
Buyer
Notice
Closing this week20 notices
6d
03 Jul
£1.5m
Estimated
Tender
FTS · Services
DF
Department for Education
Regenerative Schools Pilot - Academic Assurance Partner
Architecture & engineering· Published 08 Jun
6d
03 Jul
£250k
Estimated
Tender
FTS · Works
WS
West Suffolk NHS Foundation Trust
Pharmacy Dispensary Refurbishment
Construction work· Published 19 Jun
6d
03 Jul
£250k
Estimated
Tender
CF
WS
West Suffolk NHS Foundation Trust
CA18089 - Pharmacy Dispensary Refurbishment
Construction work· Published 19 Jun
6d
03 Jul
£767k
Estimated
Tender
FTS · Services
CU
CAMBRIDGE UNIVERSITY HOSPITALS NHS FOUNDATION TRUST
Regional delivery of a 60-credit specialist Adult Critical Care Nursing Course Level 6 & 7
Education & training· Published 02 Jun
6d
03 Jul
—
Estimated
Tender
CF
PP
Perton Parish Council Within Perton Community Centre
Electric heating
Petroleum & fuel· Published 11 Jun
6d
03 Jul
£90k
Estimated
Below-thresh.
FTS · Services
SM
Sandwell Metropolitan Borough Council
Commercial Property Agent Kings & Queens Square Shopping Centres
Real estate· Published 26 May
6d
03 Jul
£30.3m
Estimated
Tender
FTS · Supplies
UU
UNITED UTILITIES WATER LIMITED
PRO005080– Purchase, Refurbishment, SMR of Specialist Vehicles
Transport equipment· Published 09 Jun
6d
03 Jul
£30.3m
Estimated
Tender
FTS · Supplies
UU
UNITED UTILITIES WATER LIMITED
PRO005080– Purchase, Refurbishment, SMR of Specialist Vehicles
Transport equipment· Published 08 Jun
6d
03 Jul
£120k
Estimated
Tender
CF
OR
Oswestry Rural Parish Council
Contract for the development of a car park and Garden of Remembrance
Construction work· Published 08 Jun
6d
03 Jul
£2.0m
Estimated
Tender
FTS · Services
DE
Defence Equipment and Support
13 Pounder Design Organisation (DO)
Architecture & engineering· Published 03 Jun
6d
03 Jul
£2.5m
Estimated
Tender
FTS · Services
DE
Defence Equipment and Support
13 Pounder Design Organisation (DO)
Architecture & engineering· Published 19 May
6d
03 Jul
£258k
Estimated
Tender
FTS · Supplies
AL
AFFINITY LEARNING PARTNERSHIP
Supply of iPads
Office & computing· Published 16 Jun
6d
03 Jul
£200.0m
Estimated
Tender
FTS · Services
NC
Nottinghamshire County Council
Specialist Education - Alternative Provision
Education & training· Published 22 May
6d
03 Jul
£700k
Estimated
Tender
FTS · Services
TE
the Education Authority
Provision of Vehicle Maintenance and Repair Services for Libraries NI Vehicles across NI
Repair & maintenance· Published 05 Jun
6d
03 Jul
—
Estimated
Tender
FTS · Services
BP
Benson Parish Council
Design of Pavilion Building
Architecture & engineering· Published 03 Jun
6d
03 Jul
—
Estimated
Tender
FTS · Works
BH
Bayston Hill Parish Council
Lythwood Sports Complex
Construction work· Published 03 Jun
6d
03 Jul
£50k
Estimated
Below-thresh.
FTS · Services
SM
Sandwell Metropolitan Borough Council
Provision of Letting Agent for Kings & Queens Square Letting Agent
Real estate· Published 26 May
7d
04 Jul
£3.0m
Estimated
Tender
FTS · Services
LB
London Borough of Tower Hamlets
CS6085 Young Tower Hamlets Universal Youth Ward-Based Service
Health & social· Published 09 Jun
7d
04 Jul
£3.0m
Estimated
Tender
FTS · Services
LB
London Borough of Tower Hamlets
CS6085 Young Tower Hamlets Universal Youth Ward-Based Service
Health & social· Published 15 Jun
7d
04 Jul
£417k
Estimated
Tender
FTS · Supplies
FC
Foreign Commonwealth and Development Office
Purchase of Heating Fuel Berlin
Petroleum & fuel· Published 03 Jun
Page 24 of 25
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