Publisher:
Bella Caledonia
Alternative Published Date
2026
Category:
Type of Resource:
Article
Fast Facts
The Scottish Government’s decision to issue a wholesale bond is guaranteed to create all the wrong headlines at exactly the wrong time.
More details
The interest rate paid on a wholesale bond (offered exclusively to investors in international financial markets) will be more expensive than a retail bond or one offered to Scotland’s Local Authority Pension Funds. It will also see up to £165 million in interest payments leak out of the Scottish economy over the bonds’ 10-year term. If you are looking to ‘do your bit’, to support Scottish businesses and households, as the Scottish Government surely is, keeping this large chunk of money within the Scottish economy is a no-brainer.
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