As the UK Municipal Bonds Agency issues bonds, it will publish reports setting out details of the loans it has made to local authorities. These will be posted below.
This report will be published for the first time at the end of February 2021.
To date, one loan has been made to Lancashire County Council, which is a standalone loan outside of the proportional guarantee. The loan is for £350 million for 5-years maturing March 2025. The loan is floating rate and linked to SONIA at a spread of 80bps.
The first quarterly loan report will be published at the end of May 2020.
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We may make changes to these Terms at any time and such changes will take effect and be binding upon you from the point at which they are posted on the Website. Therefore, you should check these Terms regularly to make sure you are abiding by the most current version. We may also make changes to the Website from time to time.
The Website is operated by the UK Municipal Bonds Agency Plc (“UK Municipal Bonds Agency”) and registered at Ground Floor 5 – 8 The Sanctuary, London Sw1P 3JS:
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We will determine, in our sole discretion, whether a contribution to the Website or any other activity breaches these Terms.
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We reserve the right to consider and respond to requests under the Freedom of Information Act 2000 (” FOI”) for information which might or might not be held on the Website.
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We reserve the right promptly without notice to you to reject, remove, or edit any Content on the Website without any liability on our part. Facilitators of communities may also do this where the Content is posted in the community they manage.
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Where we consider it appropriate, we (or the facilitator of the applicable community) will endeavour to contact you to inform you that a complaint has been received in relation to Content which you have uploaded, the action that we have taken, our evaluation of the allegation, and what steps (if any) we require you to take.
The Website supports collaboration and the sharing of knowledge and information.
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Even after termination (for whatever reason) these Terms shall remain in full force and effect.
Any failure or delay by us to enforce strict performance by you of any of the Terms or to exercise any right under the Terms will not be regarded as a waiver of any rights.
if any provision of the Terms is found by any Court, or other competent body to be wholly or partly illegal, invalid, void, voidable, unenforceable or unreasonable, that part shall be deemed to be severable from the Terms and the remaining provisions of the Terms shall continue in full force and effect.
The Terms are not intended, nor shall they operate, to create a partnership or joint venture of any kind between us and you, and you are not authorised to act as our agent.
Nothing in the Terms shall create or confer any rights or any other benefits whether pursuant to the Contracts (Rights of Third Parties) Act 1999 or otherwise in favour of any person other than you or us.
We may provide you with notices regarding the Website or the Terms by regular mail, email, or postings to this website.
These Terms constitute the entire agreement between you and us with respect to the use of the Website and supersede any previous agreements between you and us regarding such subject matter.
We may assign, delegate or transfer our rights, liabilities and/or obligations under the Terms without your prior consent and upon such assignment, delegation or transfer we shall be relieved of any further obligations under the Terms. You shall not assign, delegate or transfer any of your rights, liabilities and/or obligations under the Terms without our prior written consent.
The interpretation, construction, effect and enforceability of these Terms shall be governed by and construed in accordance with English Law. You and we agree to submit to the exclusive jurisdiction of the English Courts.
You can contact us by emailing firstname.lastname@example.org or by writing to us at UK Municipal Bond Agency Plc, 5 – 8 The Sanctuary, London SW1P 3JS
UK Municipal Bonds Agency Plc is committed to providing a website that is accessible to the
widest possible audience regardless of ability or browsing technology, including those who
have visual, hearing, motor and cognitive impairments.
We are actively working to improve the accessibility and usability of our websites. We are
aiming to achieve overall compliance with the World Wide Web Consortium’s Web Accessibility
Initiative (WAI) guidelines. Conformance to these guidelines helps to make the web more
accessible to users with disabilities and benefits all users.
This website was based on a design by Themes and Co
Photographs on the front slider
“Construction” by Alex Liivet
“New Birmingham Library under construction” by Tony Hisgett
Licensed for reuse under the Creative Commons Licence
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