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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 7 of 25
Time to close
Value
Type
Buyer
Notice
Closing this week20 notices
3d
29 Jun
£500
Estimated
Below-thresh.
FTS · Works
MC
Medway Council
Temple Marsh Landscape Works
Construction work· Published 19 May
3d
29 Jun
£500
Estimated
Below-thresh.
FTS · Works
MC
Medway Council
Temple Marsh River Wall Works
Construction work· Published 19 May
3d
29 Jun
£200k
Estimated
Tender
FTS · Works
NT
Northern Trains Limited
CCTV Broad Green
Construction work· Published 22 May
3d
29 Jun
£1.3m
Estimated
Tender
FTS · Services
UR
UK Research and Innovation
UKRI-5955 IUK Venture Builder Pilot
Business services· Published 22 Jun
3d
29 Jun
—
Estimated
Tender
CF
PF
PROCUREMENT FOR SCHOOLS LTD
NORBURY SCHOOL GRASS RESURFACING & DRAINAGE PROJECT (HA1)
Furniture & furnishings· Published 11 Jun
3d
29 Jun
£5.0m
Estimated
Tender
CF
BB
Balfour Beatty VINCI JV HS2
BBV HS2 MWCC North - Architectural Construction Works - Buildings
Construction work· Published 23 Jun
3d
29 Jun
—
Estimated
Tender
CF
CI
Chemonics International, Inc.
Procurement of Semi-trailer low-loader
Transport equipment· Published 12 Jun
4d
29 Jun
£542k
Estimated
Tender
FTS · Supplies
RM
Royal Mint
X-Ray Transmission Sorting Facility for Tantalum
Laboratory equipment· Published 28 May
4d
29 Jun
—
Estimated
Tender
FTS · Services
PO
Post Office Limited
Post Office Branch - Merchant Street
Postal & telecomms· Published 16 Jun
4d
29 Jun
£61.0m
Estimated
Tender
FTS · Supplies
LQ
LONDON & QUADRANT HOUSING TRUST
Kitchens Supply & Supply & Fit
Furniture & furnishings· Published 28 Apr
4d
29 Jun
£500k
Estimated
Tender
FTS · Services
PH
Portsmouth Hospitals University NHS Trust
NHS Staff Transport - Queen Alexandra Hospital (PHU) & St Mary's Hospital (IWT)
Transport services· Published 28 May
4d
29 Jun
£100k
Estimated
Tender
FTS · Works
GB
Gedling Borough Council
Onchan Park Play Area - Design, Supply, Installation & Refurbishment
Musical instruments· Published 01 Jun
4d
29 Jun
£508k
Estimated
Tender
FTS · Supplies
LC
Lisburn & Castlereagh City Council
Supply of Personal Protective Equipment (PPE) for Lisburn and Castlereagh City Council
Security & defence· Published 02 Jun
4d
29 Jun
£600k
Estimated
Tender
FTS · Services
CY
Coleg y Cymoedd
Waste Services (All Sites)
Sewage & refuse· Published 19 May
4d
29 Jun
£210k
Estimated
Tender
FTS · Supplies
BC
BRITISH COUNCIL(THE)
Printing and Advertising Services for BC Qatar
Printed matter· Published 25 May
4d
29 Jun
—
Estimated
Tender
CF
CM
COMMERCIAL MEDICINES UNIT
Dynamic Purchasing System (DPS) for the supply of antibiotics and IV fluids
Medical equipment· Published 14 Jan
4d
30 Jun
£660k
Estimated
Pipeline
FTS · Services
NN
NHS North East and North Cumbria Integrated Care Board
Northumberland Respiratory Infection Service (Winter Pressures) Most Suitable Provider Process
Health & social· Published 16 Jun
4d
30 Jun
£550k
Estimated
Tender
FTS · Works
LF
London Fire Brigade
LFB Redecorations Phase 2 Ref: LFB74
Construction work· Published 02 Jun
4d
30 Jun
—
Estimated
Tender
FTS · Services
NT
Northstowe Town Council
Community Cafe at The Unity Centre
Hotel & restaurant· Published 19 May
4d
30 Jun
—
Estimated
Tender
FTS · Services
NT
Northstowe Town Council
Community Cafe at The Unity Centre
Hotel & restaurant· Published 18 May
Page 7 of 25
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