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Bond agencyUPDATED: Lancashire County Council has been revealed as the local authority set to become the first borrower from the UK Municipal Bonds Agency (UKMBA).
Last week, Room 151 revealed the agency is poised to launch its long-awaited first bond on behalf of a single local authority within weeks, with a second issue set to follow before the end of the financial year.
It is understood that officers at Lancashire have agreed the move, but that the deal is still subject to usual governance processes.
3rd LATIF NORTH
March 25th, 2020, Manchester
Council treasury investment & borrowing
Room151 understands that the first issue – for a single local authority – wi
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