Dfsed-Sg Bond Legal Counsel Tender in United Kingdom - 134598234

Procurement Summary

Country: United Kingdom

Summary: Dfsed-Sg Bond Legal Counsel

Deadline: 27 Feb 2026

Posting Date: 29 Jan 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 134598234

Document Ref. No.: JAN548250

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: GBP 1800000.00

CPV Classification

79100000 - Legal services

Purchaser's Detail

Name: Login to see tender_details

Address: Login to see tender_details

Email: Login to see tender_details

Login to see details

Tender Details

DFSED-SG Bond Legal Counsel
The Scottish Government is seeking to appoint a legal adviser 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.Following the inaugural rating assignments, the Scottish Government announced its intention to pursue a GBP 1.5 billion bond programme over the next parliament, with a debut be...
Deadline : 2026-02-27

Documents

 Tender Notice