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Local infrastructure borrowing rate confirmed

0
  • by matt
  • in Uncategorized
  • — 23 Nov, 2017

The government has confirmed a new discounted local infrastructure rate available through the Public Works Loan Board. Up to £1bn will be available at the new rate of gilts +60 basis points, which will be available for three years to support projects that are “high value for money”. Details of the bidding process will be published in December.

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