Scotland to pay borrowing premium in £1.5bn bond market push
Deputy first minister Kate Forbes says extra cost of ‘kilts’ issuance worth it to build credibility with investors
Deputy first minister Kate Forbes says extra cost of ‘kilts’ issuance worth it to build credibility with investors

S&P and Moody’s award Edinburgh investment-grade status as it plans first bond issue since late 17th century

There is a way to reduce the risk of a run on gilts and decrease the cost of government borrowing

Government considers increasing issuance of Treasury bills as demand for longer-term bonds fades

Bond investors and banks are seeking greater premiums on new financing as a precaution before lending

Scottish and Welsh election results may reignite the debate but it is all one big pantomime

Idea long pursued by banking sector lobbyists faces opposition from regulators